Curiam Capital
Curiam Capital is a private New York-based litigation finance firm founded in 2018 that provides non-recourse financing for high-value commercial litigation to claimants, law firms, and patent holders, with minimum investments of $1M per case.
- Company typePrivate
- Founded2018
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Curiam Capital does
Curiam Capital is a private investment firm founded in 2018 and headquartered in New York that provides non-recourse financing for high-value commercial litigation. The firm was co-founded by Owen L. Cyrulnik and J. Ross Wallin, both former partners at the litigation boutique Grais & Ellsworth LLP, alongside a senior team that includes Managing Director & CCO Molly L. Pease, Managing Director – IP Anup Misra, Managing Director – Corporate Counsel Lauren Bernstein, and Director of Finance Eric Groberg. Curiam was launched with $100 million of initial capital from Michael Platt (co-founder and CEO of BlueCrest Capital Management), with committed capital subsequently scaled to over $400 million.
The firm operates four integrated products: Litigation Finance for Law Firms (enabling contingency and partial-contingency arrangements), Litigation Finance for Businesses (commercial claims funding without depleting operating capital), Portfolio Finance (cross-collateralized multi-case bundles), and Patent Litigation Financing (specialized funding for IP enforcement against well-capitalized defendants). Underwriting is anchored by a litigation-finance investment assessment and monitoring platform supporting single-case ($1M minimum, no upper limit) and portfolio ($3M minimum, three or more cases) structures. The firm targets commercial litigation categories including breach of contract, antitrust, patent, insolvency, False Claims Act, and international arbitration matters.
Curiam's revenue model is outcome-based: financing is non-recourse and the firm recovers capital plus an agreed return only upon successful resolution. Pricing is negotiated case-by-case rather than published. Distribution is exclusively direct — sourced through professional networks, industry conferences, and inbound inquiries from claimants, law firms, and institutional clients — with no reseller or marketplace channels. The firm has been recognized in the 2025 Chambers Litigation Support Guide (Litigation Funding and IP sections) and in Chambers' prior rankings, with Chambers citing Curiam's innovative financial structuring, best-in-market terms, and faster decision-making relative to peers.
Curiam Capital firmographics
Firmographics- Name
- Curiam Capital
- Legal name
- Curiam Capital LLC
- Website
- https://curiam.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Curiam Capital is a private New York-based litigation finance firm founded in 2018 that provides non-recourse financing for high-value commercial litigation to claimants, law firms, and patent holders, with minimum investments of $1M per case.
- Ownership category
- akta.pro rank
Curiam Capital industry classification
Industry- Product category
- Litigation Finance
- NAICS
- Other Financial Investment Activities (5239)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Private Credit — Litigation / Legal Finance (FSAHAJAL)
Keywords
Where Curiam Capital is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Curiam Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Litigation Funding Returns: Curiam invests in high-value litigation by providing financing in exchange for an agreed-upon return if the litigation is successful. Investments are generally non-recourse, meaning the firm recovers its capital and return only if the litigation yields a favorable outcome.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Pay-as-you-go | Single-Case Investment - Minimum $1 million |
| Outcome Based/ Performance | Pay-as-you-go | Portfolio Finance - Minimum $3 million |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Curiam Capital product offering
Product offeringCore offering
Curiam Capital is a private investment firm that provides non-recourse financing for high-value commercial litigation. The firm invests in single cases, portfolios of cases, and patent litigation in exchange for an agreed-upon return payable only upon a successful outcome, with minimum investments of $1 million per case and $3 million for portfolio financings. Curiam structures flexible financing solutions that allow claimants and law firms to pursue meritorious legal claims against well-funded defendants while preserving operating capital.
Product overview
Curiam Capital is a private investment firm that provides financing for high-value litigation. The firm offers four integrated litigation financing products: Litigation Finance for Law Firms (enabling firms to take cases with reduced financial risk), Litigation Finance for Businesses (helping companies pursue commercial claims), Portfolio Finance (bundled multi-case financing for law firms), and Patent Litigation Financing (specialized funding for IP enforcement). These products share a common foundation of non-recourse financing with flexible creative structuring, allowing parties to hire lawyers of their choice to pursue strong legal claims.
Differentiator
Problem solved
Functional benefit
Products and services
- Litigation Finance for Law Firms
Quantifiable outcome
- Claimants enjoy substantial recoveries even after the cost of financing is taken into account
Companies that use Curiam Capital
Customer profileSegments3 records
Ideal customer profiles3 records
Curiam Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Curiam Capital partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights4 records
Curiam Capital competitors and assessment
Company assessmentDirect peers
- Burford Capital: Burford Capital is the world's largest pure-play, publicly traded litigation funder with multi-billion AUM. It is the most direct competitor to Curiam across single-case commercial, portfolio, and patent litigation financing.
- Omni Bridgeway: Omni Bridgeway is a large global litigation funder formed from the 2019 merger of IMF Bentham and Omni Bridgeway. It directly competes with Curiam on US and international commercial and arbitration matters.
- Pravati Capital: Pravati Capital is a US litigation finance firm providing non-recourse case financing and law firm portfolio funding. It is a comparable scale peer pursuing similar commercial and IP opportunities.
- Gerchen Keller Capital: Gerchen Keller Capital is one of the largest privately held US litigation funders, deploying institutional capital into commercial and single-case matters. Like Curiam, it focuses on US-centric case selection with substantial AUM.
- Parabellum Capital: Parabellum Capital is a US-based litigation funder focused on commercial, IP, and antitrust matters. Its deal-size profile (single-case and portfolio) overlaps directly with Curiam's positioning.
- Therium Capital Management: Therium Capital is a global litigation funder covering commercial, antitrust, IP, and arbitration cases across the US and Europe. Its product mix of single-case and portfolio financing closely parallels Curiam's offering.
- Woodsford Litigation Funding: Woodsford is a global litigation funder with strong US and UK presence, offering single-case, portfolio, and collective-action financing. It is a comparable mid-sized peer targeting high-value commercial disputes.
Others
- BlueCrest Capital Management: BlueCrest Capital Management, the anchor LP and majority external funder of Curiam, is included as an ecosystem participant rather than direct competitor; its strategic capital relationship is foundational to Curiam's deployable capital.
Broad incumbents
- Fortress Investment Group: Fortress operates a commercial litigation funding strategy as part of its broader alternative-asset platform. Like HSBC, it is a large multi-strategy incumbent with adjacent litigation finance exposure.
- HSBC Litigation Finance Group: HSBC's in-house litigation finance group deploys bank balance-sheet capital into commercial claims. It is an incumbent banking participant in the broader US commercial litigation funding market, though not specialized like Curiam.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Curiam Capital social profiles
Digital presenceCuriam Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Curiam Capital leadership team
Management profileNumber of profiles
Profiles6 records
Curiam Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Curiam Capital 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 Curiam Capital
What does Curiam Capital do?
Curiam Capital is a private investment firm that provides non-recourse financing for high-value commercial litigation. The firm invests in single cases, portfolios of cases, and patent litigation in exchange for an agreed-upon return payable only upon a successful outcome, with minimum investments of $1 million per case and $3 million for portfolio financings. Curiam structures flexible financing solutions that allow claimants and law firms to pursue meritorious legal claims against well-funded defendants while preserving operating capital.
Is Curiam Capital a public or private company?
Curiam Capital is a private company. It is classified as corporate owned and is currently operating.
When was Curiam Capital founded?
Curiam Capital was founded in 2018. It employs 1 to 10 people.
Where is Curiam Capital based?
Curiam Capital is headquartered in New York, United States, in the North America region.
How does Curiam Capital make money?
One revenue line is on record: litigation Funding Returns.
Who are Curiam Capital's main competitors?
Direct peers on record are Burford Capital, Omni Bridgeway, Pravati Capital, Gerchen Keller Capital, Parabellum Capital, Therium Capital Management and Woodsford Litigation Funding. BlueCrest Capital Management is listed as an others. Broad incumbents are Fortress Investment Group and HSBC Litigation Finance Group.
Does Curiam Capital have an API?
No public API is recorded for Curiam Capital.
What industry is Curiam Capital in?
Curiam Capital's product category is Litigation Finance. Its primary akta.pro industry code is FSAHAJAL, Private Credit — Litigation / Legal Finance. Its NAICS code is 5239 and its SIC code is 6159.