Record Raises $500,000 in Pre-Seed Funding

Record Raises $500,000 in Pre-Seed Funding

Record, a Las Vegas-based B2B SaaS legal software startup, has secured $500,000 in a pre-seed investment.

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.

The company will use the funding to refine and expand its capabilities, improving client experiences and case outcomes in personal injury law.

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