Litify

Legal operating systems and case management software

New York City, New York, United States

About Litify

Litify offers legal operating systems and case management software that helps law firms, corporate legal departments, and government agencies work more efficiently. Its platform integrates various legal processes, enabling teams to collaborate, automate tasks, and access real-time data analytics. Unlike competitors, Litify focuses on providing a flexible and secure solution tailored to the legal industry, with a subscription-based model that ensures clients receive continuous updates and support. The company's goal is to streamline legal workflows and help clients achieve their business objectives effectively.

New York City, New YorkHeadquarters
2016Year Founded
$57.1MTotal Funding
SERIES_ACompany Stage
Enterprise Software, LegalIndustries
51-200Employees

Benefits

Performance Bonus

Risks

Increased competition from emerging legal tech startups threatens Litify's market share.
Reliance on Salesforce could pose risks if pricing or terms change unfavorably.
Recent leadership changes may disrupt strategy and client relationships.

Differentiation

Litify integrates Salesforce for a comprehensive legal management solution.
The platform offers AI-based document management, enhancing efficiency in legal operations.
Litify provides robust data analytics for informed decision-making in legal practices.

Upsides

Litify achieved 54% revenue growth in 2023, indicating strong market demand.
The platform supports over 400 enterprise clients, showcasing its scalability and reliability.
Growing demand for AI and data security in legal tech aligns with Litify's offerings.

Funding

Total raised$57.10 M
Latest valuation$250.00 M
StageSERIES_A
SERIES A
5/31/2019
$50
$250.00 M
EARLY VC
3/31/2018
$4
$18.50 M