# Priori Legal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/priori-legal

- Industry: Software
- Headquarters: New York, US
- Website: www.priorilegal.com
- Total disclosed funding: $21M
- Latest round: Series A (Jul 20, 2022)
- Investors on record: 13

## About

Priori Legal is a legal technology company that connects businesses with legal professionals, facilitating the sourcing of legal talent and managing outside counsel relationships efficiently.Priori Legal, Inc. was founded in 2011 in New York, US, providing a platform for businesses to connect with legal professionals. The company has not undergone significant pivots or changes in its business strategy. The founders, Basha Rubin and Mirra Levitt, have backgrounds in legal and technology sectors. As of July 2022, Priori raised USD 15.00 mn in Series A funding led by Eagle Proprietary Investments, with participation from several investors, bringing the total amount raised to USD 15.00 mn at a current valuation of USD 67.614 mn. The company has completed 2 deals to date.Priori Legal provides a comprehensive platform designed to connect businesses with a network of legal professionals, streamlining the process of sourcing legal talent and managing outside counsel relationships. Their offerings include a Talent Marketplace for flexible lawyer engagement, and tools for RFP and Panel Management, catering to corporate legal departments and legal operations teams globally across North America, Europe, and Asia.Priori Legal generates revenue primarily through subscription models and transaction-based fees associated with its software solutions. Clients utilize the Talent Marketplace and RFP tools, paying fees for access, with a tiered subscription structure tailored to client needs. This pricing model promotes cost savings and efficiency for organizations seeking to optimize their legal service delivery.In July 2022, Priori Legal raised USD 15.00 mn in Series A funding, which will be used to expand its team in operations, marketing, sales, and engineering. The company aims to enhance its capability to manage existing outside counsel relationships, find new attorney talent, and scale operations to meet the increasing demand for its global marketplace platform. Future plans include the development of new products and services to further streamline legal operations, although no specific release dates or additional geographic market expansions have been disclosed.

## Funding rounds

- Series A, Jul 20, 2022, $15M — Eagle Proprietary Investments, Great Oaks Venture Capital, PEAK6 Investments, Bridge Investments, Mindset Ventures, Thirty5 Ventures, Jambhala Investment, LLC, Soma Ventures, Thomson Reuters Ventures, HearstLab, LegalTechFund
- Series A, Oct 28, 2020, $6.3M — Hearst Communications, Inc., Great Oaks Venture Capital, Orrick, Bridge Investments, Mindset Ventures, Jambhala Investment, LLC

## Investors

- Hearst Communications, Inc. — Series A
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Series A
- Orrick (https://capitalatlas.ai/funds/orrick) — Series A
- Bridge Investments (https://capitalatlas.ai/funds/bridge-investments) — Series A
- Mindset Ventures (https://capitalatlas.ai/funds/mindset-ventures) — Series A
- Jambhala Investment, LLC — Series A
- Eagle Proprietary Investments (https://capitalatlas.ai/funds/eagle-proprietary-investments) — Series A
- PEAK6 Investments (https://capitalatlas.ai/funds/peak6-investments) — Series A
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Series A
- Soma Ventures (https://capitalatlas.ai/funds/soma-ventures) — Series A
- Thomson Reuters Ventures (https://capitalatlas.ai/funds/thomson-reuters-ventures) — Series A
- HearstLab (https://capitalatlas.ai/funds/hearstlab) — Series A
- LegalTechFund — Series A