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TrialView, the London-based LegalTech, has landed £3m in growth funding led by Elkstone Ventures to accelerate development of its award-winning dispute resolution software and AI platform.
Since its founding, TrialView has been primarily self-funded and has grown to almost $3m ARR in the last 3 years. Unusually for a tech start-up, the business has also been profitable to date, which has enabled expansion across the UK, Continental Europe and the Middle East. The additional funding will enable TrialView to focus on new markets including the US, Singapore and Australia. The funding will also increase the business’ headcount, with plans for new hires across its development, sales, and customer success teams.
TrialView’s AI platform is already widely used by global legal teams, including 15 of the top 20 law firms in the UK, and in the past 12 months, it has been deployed in several significant legal cases. This includes the Russian Aviation litigation case, involving claims of over $6 billion, as well as some of the largest cases in London’s Commercial Court.