The LegalTech Fund

What The LegalTech Fund does

The LegalTech Fund (TLTF) is a venture capital firm founded in 2021 and headquartered in Fort Lauderdale, Florida, that invests exclusively in early-stage legal technology startups globally. The firm operates two funds — Fund I closed at $27.5 million in 2021 and Fund II closed at $110 million in November 2025 — and has built a portfolio of more than 80 legal technology companies. Its stated focus spans AI platforms, workflow automation, practice management, e-discovery, billing compliance, contract lifecycle management, legal research, IP management, and new models of legal service delivery, targeting companies from pre-seed through Series A.

The firm does not develop proprietary technology products. Its core offerings are (i) equity capital via direct fund investments, (ii) The LegalTech Lab accelerator, which deploys up to $250,000 into pre-seed and early-stage legaltech startups alongside mentorship and network access, (iii) the annual TLTF Summit, an invitation-only, Chatham House Rule conference that has scaled to 876 registrants in its fourth year, and (iv) the Pathways research initiative, a multi-phase study of the legal industry's trajectory through 2040 co-published with Harvey and ALM/Law.com. Recent portfolio activity includes participation in rounds for Orbital (Series B), Steno (Series C), Newcode.ai and Skribe (seed), and others across the US, UK, Norway, Canada, and Australia.

The economic model is standard venture fund economics: management fees on committed capital (typically 2%) plus carried interest on realized gains above the fund's hurdle. Capital is sourced from a strategic LP base of law firms (McDermott Will & Emery, Orrick), legal information and technology platforms (Clio, DocuSign, Thomson Reuters Ventures), litigation finance (Burford Capital), and legal services and e-discovery firms (Consilio, Harbor), with McDermott Will & Emery contributing $10 million as a lead investor in both Fund I and Fund II. The firm is led by Co-founder and Managing Partner Zach Posner, with partners Gordon Crenshaw and Tanner Rogers, and a network of 120+ fund advisors.

Name

The LegalTech Fund

Legal name

The LegalTech Fund

Website

http://legaltech.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

The LegalTech Fund is a venture capital firm dedicated exclusively to early-stage legal technology startups, managing $137.5M across two funds with 80+ portfolio companies, a 120-advisor network, and an annual industry summit. It serves legaltech founders pre-seed through Series A globally.

Ownership category

akta.pro rank

Product category

Venture Capital / Legal Technology Investment

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Legal technology venture capital
• Early-stage legaltech investing
• Legaltech startup accelerator
• Legal industry venture funding
• Legaltech fund management

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Venture Capital Returns (Carried Interest): TLTF generates returns through carried interest on successful portfolio exits. As a VC firm, its primary economic model is standard venture fund economics: management fees (typically 2% on committed capital) during the fund life and 20% carried interest on profits above the hurdle rate upon realizations.
2. Fund Management Fees: TLTF charges management fees on its $27.5M Fund I and $110M Fund II, generating steady revenue to cover operational costs while returns are realized through the carried interest mechanism.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels6 records

Core offering

The LegalTech Fund is a venture capital firm that invests exclusively in early-stage legal technology startups (pre-seed through Series A) globally. It deploys capital through two funds—Fund I ($27.5M, 2021) and Fund II ($110M, 2025)—and operates The LegalTech Lab accelerator, which provides up to $250,000 in equity investment, mentorship, and network access to pre-seed legaltech founders. The firm also runs the Pathways research initiative and the annual TLTF Summit, generating returns via standard venture fund economics (management fees and carried interest).

Product overview

The LegalTech Fund is a venture capital firm focused exclusively on investing in legal technology companies. The firm operates two investment funds (Fund I raised in 2021, Fund II raised to $110 million in 2025), an accelerator program called The LegalTech Lab, and conducts industry research through its Pathways initiative. The firm does not develop or sell technology products of its own; rather, it provides capital, mentorship, and network access to early-stage legal tech startups up to Series A stage.

Differentiator

Problem solved

Functional benefit

Brands

• The LegalTech Lab: An accelerator/launchpad program for pre-seed and early-stage entrepreneurs building legal technology companies, providing up to $250,000 in funding and access to advisors and resources.
• Pathways
• TLTF Summit

Products and services

• TLTF Fund I A $27.5M venture capital fund that invests equity in early-stage (pre-seed through Series A) legal technology startups globally. LPs commit capital to the fund; the GP deploys capital into portfolio companies.
• TLTF Fund II A $110M venture capital fund that invests equity in early-stage (pre-seed through Series A) legal technology startups globally, quadruple the size of Fund I and continuing the firm's thesis.
• The LegalTech Lab Accelerator

Quantifiable outcome

• 80+ portfolio companies invested across Funds I and II
• +4 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• HarveycoreStrategic or Co-development Partner · 11 March 2026Harvey, an $8 billion-valued AI legal platform, partnered with TLTF to co-invest in legal technology startups at under $2 million per deal. Harvey leverages TLTF's investment framework to systematize and triage inbound startup inquiries, while TLTF gains access to Harvey's ecosystem. The partnership also includes joint publication of the Pathways: Future of Law initiative with ALM/Law.com.
• ALM / Law.comcoreStrategic or Co-development Partner · 11 March 2026ALM (Law.com), a leading legal industry media company, partnered with TLTF and Harvey on Phase 2 of Pathways: The Future of Law initiative, examining the legal industry's trajectory through 2040. ALM provides publishing and distribution reach for the research outputs.
• RelativitycoreStrategic or Co-development Partner · 9 October 2025Relativity partnered with TLTF to launch Rel Labs, an investment arm and innovation hub designed to identify and back promising legal technology startups and entrepreneurs. The partnership combines Relativity's eDiscovery platform leadership with TLTF's legaltech investment expertise.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Others

• Techstars: Global accelerator operator with verticals spanning legaltech and other regulated industries. Comparable to TLTF's LegalTech Lab accelerator in operating model (cohort-based, equity-for-capital programs) but lacks TLTF's legaltech specialization and dedicated fund vehicles.

Emerging players

• Lakestar: European VC that led TLTF portfolio investment Antidote ($5M Seed). Comparable to TLTF in early-stage legaltech focus with overlapping European geographic reach.
• Pear VC: Pre-seed/seed VC that co-led TLTF portfolio investment Wexler.ai ($5.3M Seed). Comparable to TLTF in check size, stage focus, and willingness to lead early-stage legaltech rounds.
• Draper Associates: Draper Venture Network fund that co-led NLPatent ($3M Seed) alongside TLTF. Comparable to TLTF in leading early-stage legaltech rounds with similar check sizes.
• Golden Section: Early-stage VC that co-led TLTF portfolio investment Skribe ($5.5M Seed). Comparable to TLTF in leading early-stage Texas-based legaltech rounds and similar stage focus.

Broad incumbents

• Insight Partners: Large-scale growth and early-stage investor with legaltech exposure (e.g., DISCO, onit). Comparable to TLTF in deploying capital into legal technology companies, though typically at later stages and larger checks.
• Bessemer Venture Partners: Long-tenured VC with a published Cloud Index covering legaltech companies and an active practice in vertical SaaS including legal. Comparable to TLTF in deploying capital into growth-stage legaltech but operates at much larger fund sizes.
• Lightspeed Venture Partners: Global VC with an active legaltech and vertical SaaS practice. Comparable to TLTF as a source of competing capital for early-stage legaltech founders, particularly across cross-border deals.
• Andreessen Horowitz (a16z): Major generalist VC with active legaltech investment activity (Ironclad, Eve, etc.) and a dedicated marketplace/legal practice. Comparable to TLTF as a source of competing capital for early-stage legaltech founders, though not vertical-specialist.
• Accel: Major VC and an early backer of Clio, a TLTF Fund II LP. Comparable to TLTF as a legaltech-active investor with stage overlap at growth rounds; broader portfolio spans consumer, fintech, and SaaS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCgNwSwxp7P47519DvInMDuA
• LinkedInlinkedin.com/company/the-legaltech-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments67 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The LegalTech Fund