2021 was a busy year for the still emerging legal technology sector as several companies went public, and investors poured capital into private companies in the space.
LegalZoom.com Inc, CS Disco Inc and Intapp Inc had initial public offerings this year, and a number of legal tech companies attracted venture capital and private equity investors in large funding rounds, a few reaching into the hundreds of millions.
At least two companies, Clio and Everlaw Inc, achieved “unicorn” status by reaching valuations that exceed $1 billion.
