LeanLaw, an organization that gives a monetary working system for small and mid-sized regulation companies, mentioned at this time it has raised $4 million in a Sequence A financing spherical led by FINTOP Capital.
Based mostly in Boise, Id., LeanLaw’s cloud-based product supplies IOLTA belief accounting, time and expense monitoring, billing, matter administration, digital funds, and reporting.
LeanLaw integrates and synchronizes with QuickBooks On-line, which it says makes it a great choice for small and mid-sized regulation companies that use QuickBooks On-line.
Learn more about LeanLaw in the LawNext Legal Technology Directory.
“With cloud-based billing and bill workflows, regulation companies will see invoices paid 70% sooner with LeanLaw’ streamlined accounting workflows” mentioned Jonathon Fishman, CEO of LeanLaw, in a press launch asserting the funding.
“LeanLaw’s greatness comes from understanding the cross part of what we will automate, combine and what are the info alternatives. FINTOP’s funding will speed up our capability to ship product innovation, bringing much more worth to our shoppers.”
The corporate says it would use the funds “to develop into a aggressive challenger to legacy authorized tech and to maneuver ahead with its fintech integrations.”
Chris Haley, associate at FINTOP Capital, who will be part of LeanLaw’s board, mentioned he believes that the following part of development in workflow software program goes to be the mixing of operations and finance.
“At FINTOP, we have now witnessed the shift towards embedded monetary providers and the numerous advantages it brings to shoppers,” Haley mentioned. “We sit up for partnering with LeanLaw to assist regulation companies function smarter and enhance their monetary efficiency.”