Overview
- The new vehicle totals $110 million, nearly four times the firm’s $28.5 million inaugural fund raised in 2021.
- McDermott Will & Schulte returned as an Anchor Partner with a $10 million commitment.
- Consilio joined as a lead strategic investor, with additional participants including Burford Capital, Clio, DocuSign, Harbor, Orrick, and Thomson Reuters Ventures.
- Fund II targets early-stage legaltech globally through Series A, with recent investments in Wexler, Entegrata, Flo Recruit, and HelloPrenup.
- TLTF and its partners describe the strategy as a bet on technology and AI reshaping a $1 trillion legal services market and expanding access to legal support.