Dedicated legal tech venture capital fund The LegalTech Fund (TLTF) says that is has already received over 150 applications to participate in its startup challenge, which will take place at its inaugural summit in December.
The summit, which runs from 7-9 December in Miami, is said by the organisers to provide three concentrated days of networking, dealmaking and educational opportunities. Aimed at entrepreneurs, investors and thought leaders, it will be capped at 250 people.
Startups ranging from pre-seed through Series A stages are currently being vetted by a panel of external judges, and the successful ones will showcase their companies to fellow entrepreneurs, VC/PE firms, law firms, and corporations looking for their next partner.
According to the organisers, the summit will also include updates on emerging areas such as privacy; IP; blockchain; AI and machine learning; and robot processing automation.
The TLTF is focused on investing in companies transforming the world of law, with a curated a community of investors and advisors that includes law firms, legal service providers and technology companies. It recently announced that it has raised $28.5 million and that it has invested in over thirty companies to date.
The summit’s initial sponsors include Thomson Reuters & Litera, as well as law firms including Gunderson Dettmer, Orrick and McDermott, Will & Emery. Legal media company ALM is the TLTF Startup Challenge sponsor.
“We are ecstatic over a huge response on all fronts to the announcement of the TLTF Summit, proving this is the right time to fuel and reward innovation in legal,” remarked Zach Posner, managing partner & co-founder of TLTF. “Judges are currently vetting the startup applications to yield a powerful lineup of early-stage companies which represent the most original ideas, stellar leadership, and infinite potential from the applicant pool. During the Summit, selected companies will present their stories to stakeholders who can help them reach their full potential including investors, business development partners, customers and more. Many thanks to our forward-thinking, visionary sponsors for supporting this exciting event!”
Registration details are available here.