Libra Solutions
Libra Solutions operates the MoveDocs platform, providing plaintiff funding, medical funding, and inheritance funding to US personal injury law firms, medical providers, and plaintiffs, with $3.1B+ in lifetime originations across 75,000+ lawyers served.
- Company typePrivate
- Founded2003
- HeadquartersRosamond, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Libra Solutions does
Libra Solutions is a US private financial services and software company that operates the largest integrated technology platform serving the personal injury ecosystem. The company provides pre-settlement plaintiff funding, medical funding for personal injury patients, and inheritance funding for estate heirs, alongside specialty services such as expert witness access. Its core technology asset is the MoveDocs platform, which aggregates and delivers medical, financial, and professional services to attorneys, medical providers, and plaintiffs through a single interface, including an interactive map of more than 10,000 provider options across 40+ specialties.
Libra reaches customers through a B2B2C distribution model. Law firms and medical providers are onboarded onto the MoveDocs platform and in turn originate funding requests for their plaintiff clients. The company reports 75,000+ personal injury lawyers served, 9,000+ provider locations, and 780,000+ plaintiffs helped, with combined lifetime originations of $3.1B+ across plaintiff funding ($2.0B+), plaintiff medical funding ($1.4B), and inheritance funding. Funds can be disbursed within 24 hours for plaintiff funding and typically one business day for inheritance advances.
The revenue model is transaction-fee based: Libra earns the spread between the face value of funded amounts and the discounted amount paid to plaintiffs, plus platform and ancillary service fees on specialty offerings. The company is structured as Libra Solutions, LP, headquartered in Rosemont, Illinois, with offices in seven US states and an operating footprint spanning 251-500 employees. Capital is sourced through a securitization program that has issued over $500M across five transactions, supplemented by institutional equity sponsors. The company is led by CEO Matt Milim and operates wholly owned subsidiaries including Oasis Financial, MoveDocs, Probate Advance, Key Health, Canyon Medical Billing, Medport Billing, and The Trio Solution (acquired October 2024).
Libra Solutions firmographics
Firmographics- Name
- Libra Solutions
- Legal name
- Libra Solutions, LP
- Website
- https://librasolutionsgroup.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Libra Solutions operates the MoveDocs platform, providing plaintiff funding, medical funding, and inheritance funding to US personal injury law firms, medical providers, and plaintiffs, with $3.1B+ in lifetime originations across 75,000+ lawyers served.
- Ownership category
- akta.pro rank
Libra Solutions industry classification
Industry- Product category
- Legal Finance & Litigation Funding
- NAICS
- Trusts, Estates, and Agency Accounts (525920), Direct Life, Health, and Medical Insurance Carriers (52411), Trusts, Estates, and Agency Accounts (52592), Professional, Scientific, and Technical Services (54)
- SIC
- Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321), Life Insurance (6311)
- akta.pro primary industry
- Medical Malpractice Reinsurance (FSAOADAJ)
- akta.pro secondary industries
- Medigap Member Support & Care Navigation (Advocacy/Concierge) (HLAEADAH), Medical Malpractice Reinsurance (FSAOABAH)
Keywords
Where Libra Solutions is headquartered
LocationHeadquarters
- HQ city
- Rosamond
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Libra Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Plaintiff Funding (Oasis Financial): Libra provides settlement money bridge funding to plaintiffs involved in personal injury cases. Insurance settlements can take years, and the platform facilitates payments directly to plaintiffs or designated medical providers to cover critical expenses as cases proceed. Funds can be accessed in as little as 24 hours. This is the company's largest revenue stream with $2.0B+ in funding provided to 780,000+ plaintiffs.
- Plaintiff Medical Funding: Funding provided for medical care of injured individuals, connecting them to care providers while managing scheduling, billing, and practice management. $1.4B in funding provided for care supporting 750,000+ patients.
- Inheritance Funding (Probate Advance): Funding to estate heirs allowing them to access inheritance immediately without lengthy probate process. Probate Advance pioneered the concept and is the largest company funding inheritance advances, typically providing funds in one business day.
- Platform/Specialty Services: MoveDocs platform fees and ancillary services including access to expert witnesses, supporting medical funding for unrepresented patients, and other specialty services. The platform serves as a hub connecting all services.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Libra Solutions product offering
Product offeringCore offering
Libra Solutions is a financial services and legal technology company operating the MoveDocs platform to deliver plaintiff funding (via Oasis Financial), plaintiff medical funding, inheritance advances (via Probate Advance), medical billing services, and ancillary specialty services to the U.S. personal injury ecosystem. The company aggregates medical, financial, and professional services for attorneys, medical providers, plaintiffs, and estate heirs, with $3.1B+ in combined lifetime originations across 75,000+ personal injury lawyers and 9,000+ provider locations.
Product overview
Libra Solutions is a unified technology platform that aggregates and delivers services for the personal injury ecosystem. The core platform is MoveDocs, which integrates and streamlines medical, financial, and professional services for attorneys, medical providers, and plaintiffs. The platform connects multiple product lines including Oasis Financial (plaintiff funding), Probate Advance (inheritance funding), and Specialty Services (expert witnesses, medical funding for unrepresented patients). The platform facilitates $3.1B+ in combined lifetime originations across 75,000+ personal injury lawyers and 9,000+ provider locations.
Differentiator
Problem solved
Functional benefit
Brands
- Oasis Financial: The nation's largest plaintiff funding company providing access to funds for plaintiffs in personal injury cases, often within 24 hours.
- MoveDocs
- Probate Advance
- Key Health
Products and services
- MoveDocs Platform Leading Personal Injury Solutions Platform that integrates and streamlines medical, financial, and professional services for attorneys, medical providers, and plaintiffs across the U.S.; includes an interactive map of 10,000+ provider options in 40+ specialties and 24/7 access to funding and specialty services.
- Oasis Financial (Plaintiff Funding) Nation's largest plaintiff funding company providing access to settlement funding in as little as 24 hours, either through dedicated representatives or via the MoveDocs platform; $2.0B in funding provided to 780,000+ plaintiffs served by 45,000+ attorneys.
- Probate Advance (Inheritance Funding) The leading inheritance funding provider that funds inheritance advances for estate heirs, typically providing funds in one business day, enabling heirs to access their inheritance immediately without lengthy probate processes.
- Plaintiff Medical Funding Plaintiff medical funding connecting injured individuals to care they need to recover while streamlining scheduling, billing, and practice management across multiple programs for law firms and medical offices; $1.4B in funding provided for care supporting 750,000+ patients and 9,000+ attorneys served.
- Specialty Services (via MoveDocs) Ancillary services available via the MoveDocs platform including access to expert witnesses, supporting medical funding for unrepresented patients, and other relevant services that make the platform increasingly useful and valuable to attorneys, providers, and plaintiffs.
- Medical Billing Services (Canyon Medical Billing / Medport Billing) Medical billing services for personal injury cases operated through Canyon Medical Billing and Medport Billing, both wholly-owned Libra subsidiaries that handle billing, scheduling, and practice management support for medical providers treating personal injury patients.
Quantifiable outcome
- 10M+ new personal injury cases served per year across the market
- +6 more outcomes
Companies that use Libra Solutions
Customer profileSegments4 records
Ideal customer profiles4 records
Libra Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Libra Solutions partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Americans for Patient Access (APA)coreAPA is committed to ensuring immediate access to healthcare for uninsured and under-insured personal injury patients. Through collaboration, education, and lobbying, APA brings its mission to lawmakers, courts, and the public at large. Libra is a founding member of this nonprofit.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Libra Solutions competitors and assessment
Company assessmentDirect peers
- Advance Funds Network: Inheritance advance and probate funding provider offering estate heirs immediate access to inheritance funds. Directly comparable to Libra's Probate Advance subsidiary.
- Burford Capital: The largest publicly traded litigation finance company globally, providing capital to law firms and claimants. Most comparable to Libra at the plaintiff funding and legal finance layer, though Burford focuses more on commercial litigation and law firm receivables rather than PI consumer funding.
- Omni Bridgeway: Publicly listed global litigation funder with both plaintiff-side and commercial dispute funding. Directly comparable to Libra's plaintiff funding and medical funding business model, though with a more international footprint.
- Law Finance Group: Specialty finance company focused on plaintiff funding, post-settlement funding, and medical lien funding in the U.S. Directly comparable to Oasis Financial and the broader Libra platform in product offering and customer base.
- PatientFi: Patient financing platform focused on elective medical procedures, connecting patients with financing and provider practices. Comparable to Libra's Plaintiff Medical funding business in connecting patients, providers, and funding, though PatientFi focuses on elective rather than personal injury cases.
- B2B Funding: U.S. legal funding company providing pre-settlement funding, post-settlement funding, and structured settlement purchases. Directly comparable to Oasis Financial as a plaintiff funding competitor.
- Alleviate Financial: Plaintiff-focused legal funding company providing pre-settlement cash advances and structured funding for personal injury cases. Comparable to Oasis Financial in customer base and funding mechanism.
- Injury Funds Now: Specialty funder providing pre-settlement and post-settlement cash advances to personal injury plaintiffs. Directly comparable to Oasis Financial in product, customer, and go-to-market.
Emerging players
- Filevine: Legal case management software platform for law firms, including significant presence in personal injury practices. Comparable to the MoveDocs platform in serving PI law firms, though Filevine is a pure SaaS play without Libra's funding businesses.
Broad incumbents
- World Business Lenders / National Western Financial: Specialty consumer and small business lenders operating in non-prime segments. Comparable to Libra's plaintiff funding business in funding non-prime consumer credit, though with broader consumer finance exposure rather than PI-specific.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Libra Solutions social profiles
Digital presenceLibra Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Libra Solutions leadership team
Management profileNumber of profiles
Profiles12 records
Libra Solutions subsidiaries and ownership
Company hierarchySubsidiaries7 records
Libra Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Libra Solutions 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 Libra Solutions
What does Libra Solutions do?
Libra Solutions is a financial services and legal technology company operating the MoveDocs platform to deliver plaintiff funding (via Oasis Financial), plaintiff medical funding, inheritance advances (via Probate Advance), medical billing services, and ancillary specialty services to the U.S. personal injury ecosystem. The company aggregates medical, financial, and professional services for attorneys, medical providers, plaintiffs, and estate heirs, with $3.1B+ in combined lifetime originations across 75,000+ personal injury lawyers and 9,000+ provider locations.
Is Libra Solutions a public or private company?
Libra Solutions is a private company. It is classified as private equity controlled and is currently operating.
When was Libra Solutions founded?
Libra Solutions was founded in 2003. It employs 251 to 500 people.
Where is Libra Solutions based?
Libra Solutions is headquartered in Rosamond, United States, in the North America region.
How does Libra Solutions make money?
Four revenue lines are on record. Plaintiff Funding (Oasis Financial) is the primary driver. The others are plaintiff Medical Funding, inheritance Funding (Probate Advance) and platform/Specialty Services.
Who are Libra Solutions's main competitors?
Direct peers on record are Advance Funds Network, Burford Capital, Omni Bridgeway, Law Finance Group, PatientFi, B2B Funding, Alleviate Financial and Injury Funds Now. Filevine is listed as an emerging player. World Business Lenders / National Western Financial is listed as a broad incumbent.
Does Libra Solutions have an API?
No public API is recorded for Libra Solutions.
What industry is Libra Solutions in?
Libra Solutions's product category is Legal Finance & Litigation Funding. Its primary akta.pro industry code is FSAOADAJ, Medical Malpractice Reinsurance, with a secondary code of HLAEADAH, Medigap Member Support & Care Navigation (Advocacy/Concierge). Its NAICS code is 525920 and its SIC code is 6411.