Record, a Las Vegas-based B2B SaaS legal software startup, has secured $500,000 in a pre-seed investment.
SaaS Investors
The round was led by Startup Ignition Ventures, with co-investment from Frazier Group.
Founded in 2015, Startup Ignition Ventures is a venture capital firm that provides pre-seed investment for validated tech-focused business models. Based in Provo, Utah, the firm seeks to invest in software as a service, technology, software, B2B, internet, consumer products, mobile, augmented reality, and virtual reality sectors.
Record Use of Funds
The company will use the funding to refine and expand its capabilities, improving client experiences and case outcomes in personal injury law.
About Record
Founded by Kenny Eliason, Record focuses on creating software for personal injury law clients to help them communicate with their attorneys more effectively. Record is working with 70 active users represented by eight law firms that are using the app.
Funding Details
Company: Record System, Inc.
Raised: $500K
Round: Pre-Seed
Funding Month: December 2023
Lead Investors: Startup Ignition Ventures
Additional Investors: Frazier Group
Company Website: https://www.getrecord.com/
Software Category: Legal
Source: https://www.techbuzz.news/record-raises-500k-investment-led-by-startup-ignition-ventures-with-co-investment-from-frazier-group