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Quarterly Funding Report

Legal Tech Funding, Q4 2015

Every disclosed legal tech round from October 1 to December 31, 2015, from the Legal Tech Circle Funding Tracker. Free to read and cite.

By The Circle DeskData updated Nov 12, 2026

Total raised
$3.5M
disclosed
Rounds
1
tracked
Median round
$3.5M
of 1 disclosed amounts
Year over year
-70%
vs Q4 2014

What Happened in Q4 2015

The quarter at a glance, written from the tracker's data.

  1. The headline. Legal tech companies raised $3.5M across 1 tracked rounds in Q4 2015 and down 70% from Q4 2014.
  2. The biggest round. PracticePanther's $3.5M round, led by Ori Tamuz, was the largest of the quarter. The five biggest rounds took 100% of all disclosed dollars.
  3. Where the money went. Practice / Matter Management took the largest share, 100% of dollars across 1 round. That is up from 0% over the previous four quarters.
  4. Round sizes. The median disclosed round was $3.5M. Seed and Series A made up 0% of rounds.
  5. Geography. US companies took 100% of disclosed dollars, the UK and Europe 0%, and the rest of the world 0%.
  6. New names. 1 company announced its first tracked round this quarter.

The Last Eight Quarters

Disclosed dollars raised. Q4 2015 highlighted.

$28.1MQ1 '14
$3.5MQ2 '14
$0Q3 '14
$11.5MQ4 '14
$26MQ1 '15
$0Q2 '15
$0Q3 '15
$3.5MQ4 '15

Month by Month

Dollars and rounds in each month of the quarter.

$0October · 0
$3.5MNovember · 1
$0December · 0

By Region

Dollars raised this quarter, by headquarters.

United States$3.5M100%

US vs Europe, by Quarter

The last eight quarters. Europe includes the UK.

Q1 '14
Q2 '14
Q3 '14
Q4 '14
Q1 '15
Q2 '15
Q3 '15
Q4 '15
United States: $3.5M this quarterUK and Europe: $0

The Ten Biggest Rounds

Disclosed amounts. Click a company for its full history.

CompanyStageAmountCategoryLeadDateSource
PracticePantherUndisclosed$3.5MPractice MgmtOri TamuzNov 16Source

By Category

Share of the quarter's dollars, against the previous four quarters.

Practice Mgmt$3.5M100%

By Stage

Rounds, dollars and the median round at each stage.

StageRoundsRaisedMedian
Other and undisclosed1$3.5M$3.5M

Most Active Investors

Rounds they led or joined this quarter.

Quick Answers

How much did legal tech raise in Q4 2015?
Legal tech companies raised $3.5M in disclosed funding across 1 rounds in Q4 2015, according to the Legal Tech Circle Funding Tracker.
What was the largest legal tech funding round in Q4 2015?
PracticePanther raised $3.5M, led by Ori Tamuz, announced November 16, 2015.
Which legal tech category raised the most in Q4 2015?
Practice / Matter Management, with $3.5M across 1 rounds, 100% of the quarter's disclosed dollars.
Who were the most active legal tech investors in Q4 2015?
Ori Tamuz (1), private investors (1).
What was the median legal tech round size in Q4 2015?
$3.5M across 1 rounds with disclosed amounts.

Cite this report

Legal Tech Circle. "Legal Tech Funding Report: Q4 2015." January 2016. https://legaltechcircle.com/market-signals/reports/funding-2015-q4/

How we count

Rounds come from public announcements, each linked to its source on the Funding Tracker. Equity rounds only: debt, acquisitions and IPOs are left out. A round with no disclosed amount counts toward rounds but not dollars. Figures can change if a round is corrected or announced late. Spot something missing? Tell us. Full methodology.