Momentum Funding
Momentum Funding is a national, non-recourse legal finance company that provides pre- and post-settlement funding plus direct medical funding to plaintiffs in personal injury and workers' compensation cases, distributed primarily through trial attorney referral networks across the United States.
- Company typePrivate
- Founded2015
- HeadquartersBoca Raton, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Momentum Funding does
Momentum Funding, LLC is a national non-recourse legal finance company founded in 2015 and headquartered in Boca Raton, Florida. It provides pre-settlement and post-settlement cash advances to plaintiffs in personal injury, automobile accident, premises liability, product liability, medical malpractice, wrongful death, and workers' compensation cases, with repayment only if the plaintiff wins. The company is a subsidiary of Cartiga, LLC, formed in 2019 when Momentum Funding combined with LawCash and Ardec Funding; Momentum continues to operate under its own brand in Illinois and South Carolina and under the Cartiga brand in all other states. Its product set includes plaintiff funding, a medical funding program that pays providers directly for surgeries, deductibles, and co-pays, and an ancillary transportation service (855-You-Ride) for injured plaintiffs.
Revenue is generated on a transaction-fee basis: the company purchases an interest in a case's potential settlement and is repaid from settlement proceeds only on successful resolution. Distribution is sales-led and anchored by attorney referral networks — with named enterprise relationships including Morgan & Morgan — augmented by phone-based inside sales (855-855-FUND), online application intake, and direct-to-consumer content marketing. The platform is supported by an automated funding processing system that enables sub-24-hour approvals, and the company holds state-specific licenses in Georgia, Illinois, and South Carolina.
The company has 11–50 employees, is privately held with no public ticker, and has not disclosed revenue. It has won regional industry recognition (Daily Business Review #1 Litigation Funding Company in 2018, 2019, and 2020) and is consistently recommended by attorneys as a top legal funding provider.
Momentum Funding firmographics
Firmographics- Name
- Momentum Funding
- Legal name
- Momentum Funding, LLC
- Website
- https://momentumfunding.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Momentum Funding is a national, non-recourse legal finance company that provides pre- and post-settlement funding plus direct medical funding to plaintiffs in personal injury and workers' compensation cases, distributed primarily through trial attorney referral networks across the United States.
- Ownership category
- akta.pro rank
Momentum Funding industry classification
Industry- Product category
- Litigation Funding
- NAICS
- Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Working Capital & Venture-backed Factoring (FSANAIAK)
Keywords
Where Momentum Funding is headquartered
LocationHeadquarters
- HQ city
- Boca Raton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Momentum Funding business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Lawsuit Funding (Non-Recourse): Momentum Funding provides non-recourse pre-settlement and post-settlement funding to plaintiffs. The company purchases an interest in the potential settlement money of a plaintiff's case. If the case is lost, the plaintiff owes nothing. Revenue is generated when successful cases settle, with the company receiving repayment from settlement proceeds.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Non-recourse lawsuit funding with repayment only upon case settlement |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Momentum Funding product offering
Product offeringCore offering
Momentum Funding is a national legal finance company that provides non-recourse pre-settlement and post-settlement funding to plaintiffs in personal injury and workers' compensation cases. The company purchases an interest in the potential settlement money of a plaintiff's case; if the case is lost, the plaintiff owes nothing. It also offers a Medical Funding program that pays providers directly for surgeries, medical procedures, co-pays, deductibles, and health insurance policies after negotiating cash prices.
Product overview
Momentum Funding operates as a legal finance company offering two core products: Plaintiff Funding for pre and post-settlement financial assistance covering living expenses and bills, and Medical Funding for direct payment of medical procedures, surgeries, and deductibles. The company also provides ancillary services like 855-You-Ride transportation. All products are accessible through their website and phone support, with no credit check requirements and repayment contingent on case success.
Differentiator
Problem solved
Functional benefit
Brands
- Momentum Medical: Medical funding program that pays directly for medical procedures, surgeries, deductibles and health insurance policies.
Products and services
- Plaintiff Funding Pre-settlement and post-settlement non-recourse lawsuit funding for plaintiffs in personal injury and workers' compensation cases (including automobile accidents, premises liability, product liability, medical malpractice, wrongful death, FELA, maritime/Jones Act, mass torts, and nursing home neglect). Funds cover essential living expenses and bills while the case is pending; no credit check, no collateral, and repayment is required only if the case is won.
- Medical Funding Medical funding program that pays providers directly for surgeries, medical procedures, co-pays, deductibles, and health insurance policies. Momentum negotiates cash prices with medical providers and consolidates the bills into a single transaction on behalf of the plaintiff.
- 855-You-Ride Transportation Service Ancillary transportation service providing safe and reliable rides for plaintiffs and attorneys as an alternative to Uber, intended to assist clients who have difficulty traveling due to injuries.
Quantifiable outcome
- Funding turnaround can be less than 24 hours after receiving attorney information
Companies that use Momentum Funding
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Momentum Funding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Momentum Funding partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- LawCashcoreIn 2019, Momentum Funding joined LawCash and Ardec Funding to form Cartiga, a unified legal finance company. LawCash is a well-established brand in the legal funding industry that combined with Momentum's operations as part of the Cartiga formation. Momentum operates under the unified Cartiga brand name in all states except Illinois and South Carolina.
- Ardec FundingcoreIn 2019, Momentum Funding joined LawCash and Ardec Funding to form Cartiga, a unified legal finance company. Ardec Funding combined with Momentum and LawCash to create Cartiga, consolidating three major legal funding brands under one operational umbrella.
- 855-You-RideminorTransportation service partnership providing safe and reliable alternative to Uber for plaintiff transportation needs. Assists with transportation for clients who may have difficulty getting to medical appointments or legal proceedings due to injuries.
Scale indicators3 records
Expansion highlights5 records
Momentum Funding competitors and assessment
Company assessmentDirect peers
- Cartiga: Direct parent platform formed in 2019 from the merger of Momentum Funding, LawCash, and Ardec Funding. Cartiga operates the unified legal-finance business in most states while Momentum Funding continues to operate under its own brand in Illinois and South Carolina, making it the closest comparable to Momentum's consumer legal-funding core.
- LawCash: Co-founded consumer legal funding brand that merged with Momentum Funding to form Cartiga in 2019. Provides substantially the same non-recourse pre-settlement funding to personal injury plaintiffs as Momentum and shares operations and capital allocation.
- Ardec Funding: Third founding brand of the Cartiga platform. Like Momentum, focuses on non-recourse plaintiff funding for personal injury cases, providing a directly comparable product, target customer (plaintiffs via attorney referrals), and funding model.
- Nationwide Legal Funding: Direct competitor offering pre-settlement and post-settlement non-recourse funding to plaintiffs in personal injury, workers' comp, and other negligence cases. Operates nationally via attorney networks — the same go-to-market as Momentum.
- Capital Now Funding: Consumer legal funding company providing non-recourse lawsuit cash advances to plaintiffs through attorney and direct channels. Highly comparable niche competitor in the same plaintiff-funded personal injury segment.
- Baker Street Funding: Plaintiff funding company focused on personal injury and similar case types. Competes head-to-head on non-recourse cash advances driven by attorney referrals with comparable pricing and underwriting.
- Cherokee Funding: Specialized plaintiff funding provider for personal injury cases. Operates with a similar attorney-referral-driven model and non-recourse terms to Momentum Funding.
Broad incumbents
- Oasis Financial: One of the largest U.S. consumer legal funding companies. Offers pre-settlement funding to personal injury plaintiffs through attorney referrals, making it the most comparable scaled competitor to Momentum on product, target customer, and acquisition channel.
- Burford Capital: Largest publicly listed commercial litigation finance firm. Differs in being focused on commercial/B2B legal finance rather than consumer PI, but addresses the same underlying legal-funding category and provides a public-market benchmark for the litigation-finance value chain.
- Omni Bridgeway: Global leader in litigation and arbitration finance with significant U.S. consumer-side activities. A scaled incumbent in the broader legal-funding category, comparable on capital-deployment, regulatory expertise, and underwriting sophistication.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Momentum Funding social profiles
Digital presenceMomentum Funding compliance and trust
Trust signalCompliance4 records
Momentum Funding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Momentum Funding leadership team
Management profileNumber of profiles
Profiles4 records
Momentum Funding funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Momentum Funding M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Momentum Funding
What does Momentum Funding do?
Momentum Funding is a national legal finance company that provides non-recourse pre-settlement and post-settlement funding to plaintiffs in personal injury and workers' compensation cases. The company purchases an interest in the potential settlement money of a plaintiff's case; if the case is lost, the plaintiff owes nothing. It also offers a Medical Funding program that pays providers directly for surgeries, medical procedures, co-pays, deductibles, and health insurance policies after negotiating cash prices.
Is Momentum Funding a public or private company?
Momentum Funding is a private company. It is classified as corporate owned and is currently operating.
When was Momentum Funding founded?
Momentum Funding was founded in 2015. It employs 11 to 50 people.
Where is Momentum Funding based?
Momentum Funding is headquartered in Boca Raton, United States, in the North America region.
How does Momentum Funding make money?
One revenue line is on record: lawsuit Funding (Non-Recourse).
Who are Momentum Funding's main competitors?
Direct peers on record are Cartiga, LawCash, Ardec Funding, Nationwide Legal Funding, Capital Now Funding, Baker Street Funding and Cherokee Funding. Broad incumbents are Oasis Financial, Burford Capital and Omni Bridgeway.
Does Momentum Funding have an API?
No public API is recorded for Momentum Funding.
What industry is Momentum Funding in?
Momentum Funding's product category is Litigation Funding. Its primary akta.pro industry code is FSANAIAK, Working Capital & Venture-backed Factoring. Its NAICS code is 52222 and its SIC code is 6153.