# LexShares

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lexshares

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.lexshares.com
- Latest round: Seed (Nov 19, 2014)
- Investors on record: 2

## About

Based in the US, LexShares, Inc. specializes in innovative litigation finance solutions, enabling individuals and businesses to pursue legal claims without the burden of upfront legal costs.LexShares, Inc. was founded in 2014 and is headquartered in New York, US. The company focuses on litigation finance, providing indirect investments in legal claims through pooled investment funds managed by LawShares LLC. Co-founders Jay Greenberg and Max Volsky have significant roles in the company, with Cayse Llorens serving as CEO and Max Doyle also involved in management. In February 2021, Brockhurst Capital Partners invested in LexShares, taking a majority stake and further solidifying their financial backing after a total of 2 deals.LexShares, Inc. specializes in providing innovative litigation finance solutions aimed at supporting individuals and businesses involved in legal disputes. Their core product offerings include indirect investments in legal claims through single-purpose pooled investment funds managed by LawShares LLC. These funds are designed to finance the costs associated with prosecuting legal claims, allowing clients to pursue their cases without the burden of upfront legal expenses. The target clientele consists of accredited investors looking to diversify their portfolios through exposure to the legal finance market. LexShares serves a variety of clients across the United States, focusing on high-stakes commercial litigation cases that require significant financial backing to ensure effective legal representation. The company’s offerings cater to both plaintiffs and legal practitioners, enabling them to manage the financial risks associated with litigation while maximizing their chances of favorable outcomes.Revenue generation for LexShares is structured around investments made by accredited investors into litigation financing pools, which are used to support various legal claims. Investors contribute capital to these pooled funds, which finance the legal expenses of plaintiffs in exchange for a potential return based on the outcome of the litigation. Transactions typically occur through a partnership model, where investors receive returns contingent upon the success of the underlying legal claims. The financial structure of these transactions is designed to accommodate both risk and potential reward, aligning the interests of investors and claimants. LexShares operates within the regulatory parameters set forth for private placements, catering to a select investor base seeking exposure to a niche market within the broader financial landscape.Following the investment from Brockhurst Capital Partners in February 2021, LexShares, Inc. aims to enhance and innovate its platform services to deliver greater value to clients. The company is expected to expand its offerings of litigation finance solutions, potentially introducing new products tailored to diverse legal needs. Additionally, LexShares plans to explore expansion into new geographical markets to increase its client base. The recent investment will be utilized to support these initiatives and ensure the company continues to adapt and grow within the legal finance sector.

## Funding rounds

- Seed, Nov 19, 2014 — Atlas Venture, Accomplice

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Seed