Peter Thiel has backed a startup that makes it easier to sue – and win

  • Peter Thiel has backed a small legal startup that has developed an algorithm they say will allow a would-be litigant to learn if they are likely to win their case.
  • Shang said the startup focuses on small businesses tied up in costly litigation; the firm has accepted a single case so far.
  • Shang told the Guardian the startup was funding “limited cases” at the moment and stressed what she said were the business’s philanthropic aims. “
  • Legalist, founded by a pair of Harvard undergrads, uses a vast database of local legal records to determine the likelihood that the case will succeed: and if the algorithm says the case can win, Legalist funds the suit in exchange for up to 50% of the judgment.
  • We’re not funding criminal cases, nor would I be funding any suits against the media.”

Read the full article, click here.


@elizabeth_joh: “Peter Thiel backs litigation funding startup: using #BigData to ID cases likely to win. Funding for 50% of judgment.”


Legalist uses a database of legal records to determine the likelihood that a case will succeed, and can fund the suit in exchange for up to 50% of the judgment


Peter Thiel has backed a startup that makes it easier to sue – and win

You might also like More from author

Comments are closed, but trackbacks and pingbacks are open.