Filevine Raises $400M Series D in Latest Funding Round

Filevine has successfully closed a $400M Series D funding round, marking a significant milestone in the company's growth trajectory. The round was led by Insight Partners, with participation from Accel, Halo Experience Co.

Company Overview

Founded in 2015 and headquartered in Salt Lake City, UT, Filevine has established itself as a leader in the legaltech space. Legal practice management software that streamlines case management, client communication, and document automation

With a current valuation of $3.2B, the company has demonstrated strong market traction and investor confidence. The organization currently employs 500-1000 people and continues to scale its operations.

Investment Details

Funding Round Highlights

• Amount Raised: $400M Series D
• Valuation: $3.2B
• Lead Investor: Insight Partners
• Round Type: Series

Key Investors

The funding round saw participation from several notable investors:

• Insight Partners: Global software investor with $90+ billion in assets under management
• Accel: Venture capital firm that has backed companies like Facebook, Spotify, and Slack
• Halo Experience Co: Strategic investor focused on customer experience and technology companies

Market Context

The LegalTech sector continues to attract significant investor interest, with companies focusing on automation, AI integration, and operational efficiency seeing particularly strong funding activity. This investment reflects the growing demand for innovative solutions in this space.

Growth Strategy

With this latest funding, Filevine plans to:

• Accelerate product development and innovation
• Expand market reach and customer acquisition
• Scale engineering and go-to-market teams
• Strengthen competitive positioning in the legaltech market

Industry Impact

Filevine's funding round represents the continued evolution of the legaltech industry, where technology-driven solutions are becoming increasingly critical for business success. The company's approach to modernizing legal practice management and client services positions it well for future growth.

Future Outlook

As Filevine moves forward with its expanded funding, the company is well-positioned to capitalize on market opportunities and drive innovation in the legaltech space. Industry experts expect continued growth and potential for additional strategic partnerships.

The investment validates the company's business model and growth potential, setting the stage for the next phase of expansion and market leadership.