Tech Founder Raises $10M To “Disrupt” Legal Industry
June 21, 2017
Justin Kan, who founded Justin.tv, has raised $10 million for Atrium LTS, a company he says will “disrupt the legal industry.” Kan was frustrated by how little technology was being used in interactions with law firms. “Why don’t law firms use project management software to track where they are in the process of completing a deal and let customers see that?” Kan asked TechCrunch. He said he hopes to streamline work done in-house to make it more manageable. “If you think about corporate legal work that’s done today, some part of it is art and then some of it is repeatable processes.” Those repeatable processes, Kan said, are where Atrium sees ways to innovate. Kan declined to provide TechCrunch with more detail, saying some regulatory issues are still being ironed out. But he confirmed that Atrium has raised $10.5 million from nearly 100 institutional and angel investors.
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