July 22, 2022 – Venice, CA - ECFX, the California-based leader in electronic court notice management for law firms, has received a strategic investment from The LegalTech Fund, bringing the total funding amount for the company to over $3.5M since its inception in 2019.
The LegalTech Fund (TLTF) is the first and only fund focused on investing in companies transforming the world of law to help them accelerate their success and reach their full potential. They have curated a community of investors and advisors that includes top law firms, legal service providers and leading technology companies. TLTF invests in legal technology startup companies across the globe, focusing on software providers that target law firms, corporate legal departments and regulatory/compliance professionals.
“We are very excited to have The Legal Tech Fund as our newest investor,” said Dan O’Day, CEO and Co-Founder of ECFX. “Their commitment to furthering the development of advancements in legal technology is crucial to bringing new, innovative technologies to market and increasing access to those who can truly benefit from these solutions.”
Zach Posner, Managing Partner & Co-Founder of TLTF, said of the investment: “What ECFX has built over the past few years is very exciting. ECFX has leveraged automation to strengthen workflow efficiencies and save thousands of hours of exhausting manual processing. Their software has transformed the day-to-day operations within firms and will continue to function as a critical resource for firms of all sizes. We are very pleased about our investment in ECFX.”
ECFX Notice is an Enterprise Notice Management System using Intelligent Automation to seamlessly integrate with your existing solutions with firmwide administration and analytics.
Other investors include Umang Kajaria, partner at Apax, The Traction Fund, and Brick Capital Ventures.
ECFX is based in Venice, CA and was founded by legal and technology experts with a single goal: to address unmet automation needs in the legal industry. It is committed to filling in gaps in legal workflows with intelligently automated solutions, enabling firms to save time, reduce cost, mitigate risk, and improve visibility. Its premier product, ECFX Notice, automates the downloading, profiling, storing, and distribution of court documents in ECF notices for both State and Federal courts—saving firms hundreds of hours a week to focus on the work clients value.