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Relativity Legal Tech Funding: New Arm Rel Labs Invests in Two Startups
Relativity, a leading technology company, has expanded its commitment to the legal sector. The company announced new Relativity legal tech funding investments in two innovative startups. These initial investments were made through Rel Labs, Relativity’s newly established funding arm.
What Happened
Relativity has invested in Patlytics and Advocacy, two emerging legal tech startups. These strategic investments were facilitated by Rel Labs, which functions as Relativity’s new funding arm. Relativity CEO Phil Saunders officially announced these significant investments. Beyond funding, Rel Labs also established partnerships with additional startups.
Details From Sources
Relativity CEO Phil Saunders confirmed the investments in Patlytics and Advocacy. These companies are the initial recipients of funding through Rel Labs. Rel Labs is Relativity’s new funding arm, responsible for facilitating these investments and partnerships with various startups. You can find more details at Law.com.
Background Context
Rel Labs is identified as a new funding arm for Relativity. This initiative underscores Relativity’s engagement in the legal technology venture capital space.
Conclusion
Relativity has made initial investments in Patlytics and Advocacy through its new funding arm, Rel Labs. These investments mark a notable development in Relativity’s engagement with the legal tech sector. Rel Labs serves as the designated vehicle for future investments and partnerships.
FAQ Section
- What company has recently invested in legal tech startups?
Relativity has recently invested in legal tech startups.
- What is the name of Relativity’s new funding arm?
Relativity’s new funding arm is named Rel Labs.
- Which legal tech startups received investment from Relativity?
Patlytics and Advocacy are the two legal tech startups that received investment from Relativity.
- Who announced Relativity’s new investments?
Relativity CEO Phil Saunders announced the company’s new investments.