Distribution of venture capital across legal tech segments
Category | Total Funding | Companies | Avg Funding | Market Share |
---|---|---|---|---|
Document Management and Automation | $13,339,095,572 | 138 | $96,660,113 | 35.6% |
Contract Management | $10,495,653,125 | 88 | $119,268,786 | 28.0% |
Compliance & Risk | $3,616,152,064 | 124 | $29,162,517 | 9.7% |
Practice Management | $2,491,293,057 | 72 | $34,601,292 | 6.7% |
Litigation & Dispute Resolution | $2,369,529,852 | 74 | $32,020,674 | 6.3% |
Knowledge & Research | $1,655,459,440 | 52 | $31,835,758 | 4.4% |
Marketplace and ALSPs | $1,487,816,768 | 80 | $18,597,710 | 4.0% |
Analytics & Insights | $813,460,415 | 45 | $18,076,898 | 2.2% |
IP Management | $610,781,439 | 38 | $16,073,196 | 1.6% |
Unknown | $548,230,000 | 7 | $78,318,571 | 1.5% |