Legal Tech Startup: AltaClaro

Spotlight on: AltaClaro

Description
Provider of legal training services intended to bring legal associates to practice readiness. The company's services are designed to scale experiential learning, making it possible for firms to facilitate fast, meaningful training to their associates, enabling companies to increase associate effectiveness, drastically reduce training and development and supply costs, and reduce unconscious bias.

Most Recent Financing Status (As of December 2023)

The company raised $2.5 million of seed funding in a deal led by Bryce Catalyst on March 29, 2022. Orrick and LearnStart also participated in the round. The funds will be used to expand the company's course and platform offerings and the global market share on a larger scale.

Founder and Chairman: Abdi Shayesteh, [email protected], +1 (917) 501-6262

HQ Location: 448 Central Park West Suite 6C New York, NY 10025

Employees: 33 (as of May 2024)

Total Raised: $3.61M (as of March 2022)

Growth Rate: -0.36% Weekly Growth (8th percentile)

Size Multiple: 2.94X Median (76th percentile)

Institutional Investor:

• Bryce Catalyst
• LearnStart
• Orrick
• JANT Ventures USA Corp
• Lair East Labs
• Invariantes Fund

To learn more about AltaClaro, visit their website or follow them on Linkedin

Source: Pitchbook, April 2024