In April we reported that Justin.tv founder and Y Combinator alum Justin Kan had assembled a team to “disrupt the legal industry” and was raising $10 million to do so. This week Kan confirmed that the company has completed its fundraising process, raising $10.5 million in what ended up being one of the biggest “party rounds” I’ve ever seen.
Earlier this week I met with Kan to discuss Atrium LTS — the “LTS” stands for “Legal Technology Services” — and the company’s plans. And while Kan is still loathe to go into all the details, citing some regulatory issues still being ironed out, he could provide some high-level perspective into where he believes Atrium can apply technology to the legal industry.
As a “power user” of legal services over a decade in the startup industry, through the foundation and fundraising of startups like Justin.tv as well as the work he’s done as an investor and advisor to companies through Y Combinator, Kan says he was frustrated by how little technology was being used in the process of interacting with various law firms.
Read more here: https://techcrunch.com/2017/06/15/justin-kan-atrium-lts-funding/