Proof Technologies Raises $30.4 Million in Series B

Proof Technologies Raises $30.4 Million in Series B

Proof Technologies, a Denver,CO-based legal tech company that offers an app streamlining service of process and e-filing, has raised $30.4 million in Series B funding.

The round was led by Long Ridge Equity Partners, with participation from Blue Heron Capital and The LegalTech Fund.

Founded in 2007, Long Ridge Equity Partners is a $1bn investment firm. Long Ridge invests in growth-stage companies that are transforming financial and business technology.

The company will use the funding to create a go-to-market machine, integrate e-filing with service-of-process capabilities, expand integrations with case management platforms, and enhance AI capabilities for document preparation and court filing automation.

Founded by Eric Voogt, Proof is a legal technology company that connects law firms with experienced servers and provides real-time tracking and electronic proof-of-service, offers instant access to experienced servers nationwide, and provides the ability to track a serve in real-time from a desktop computer or mobile device. The company's platform is integrated with various case management platforms, including Clio, MyCase, and Litify.

Funding Details

Company: Proof Technology, Inc.

Raised: $30.4M

Round: Series B

Funding Month: January 2024

Lead Investors: Long Ridge Equity Partners

Additional Investors: Blue Heron Capital and The LegalTech Fund

Company Website: https://www.proofserve.com/

Software Category: Legal