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Home Deal Announcements

Lawfty Secures $40MM in Debt Financing Led by CoVenture

byBrianna Wilson
October 24, 2024
in Deal Announcements

Lawfty, a data-powered personal injury law firm, secured $40 million in debt financing led by CoVenture Management. This financing is designed to further accelerate the development of Lawfty’s data-powered business._x000D_
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“We are committed to developing technology to drive better outcomes for personal injury victims and law firms alike,” Todd Richheimer, CEO of Lawfty, said. “It’s an exciting time and we’re thrilled to have CoVenture’s support as we enhance and expand our reach. This investment further allows us to deliver exceptional legal representation, contributing to improved outcomes for personal injury victims.”_x000D_
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“We are excited to be partnering with Lawfty,” Michael Breitstein, partner at CoVenture, said. “We believe that Todd’s leadership, coupled with Lawfty’s innovative, tech-focused approach will help bridge a critical gap in the industry for both clients and law firms. We look forward to supporting Lawfty’s growth as it continues to scale operations while redefining personal injury.”

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