Case Status, a Charleston, SC-based AI-powered client engagement platform for law firms, has raised $19.7 million in Series B funding.
Investors
The funding round was led by Grayhawk Capital and Topmark Partners, with participation from BIP Ventures and Front Porch Ventures.
Grayhawk Capital is a venture capital firm that invests in B2B disruptive software solutions, providing capital to outstanding early and growth-stage companies. The firm invests from an $80 million fund and focuses on sectors such as mobile computing, cloud/SaaS, security, enterprise and application software, business intelligence, healthcare IT, and finance.
Topmark Partners is a venture capital firm based in Tampa, Florida. The firm invests in growth-stage businesses. Since 1999, Topmark Partners has collectively invested over $75 million in more than 45 companies, with its funds backed by some of the nation's largest financial institutions and successful entrepreneurs.
Case Status Use of Funds
This investment will enable Case Status to expand its technology offerings, enhance its platform, and increase its market presence in the legal industry.
About Case Status
Founded in 2018 by Lauren Gulley and Andy Seavers, Case Status is a legal tech company that provides AI-powered client engagement solutions. The platform offers tools for real-time updates and notifications, utilizing AI to tailor communications based on clients' preferences and needs. Case Status seamlessly integrates with case management systems to streamline client communications, measure client satisfaction, and drive positive reviews and referrals. The company has over 100,000 clients using its platform.
Funding Details
Company: Case Status, Inc.
Raised: $19.7M
Round: Series B
Funding Date: October 2024
Lead Investors: Grayhawk Capital, Topmark Partners
Additional Investors: BIP Ventures, Front Porch Ventures
Company Website: https://www.casestatus.com/
Software Category: Legal Client Engagement
Source: https://www.prnewswire.com/news-releases/case-status-announces-19-7m-series-b-investment-to-use-ai-to-transform-legal-client-engagement-302270868.html