When was Litify founded?

Litify was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Litify located?

Litify is headquartered in New York City, United States.

How many employees does Litify have?

As of Jul 31, 2026, the latest employee count at Litify is 179.

Is Litify a funded company?

Litify is a funded company, having raised a total of $78.6M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2016.

When was the latest funding round of Litify?

Litify's latest funding was a $***** Series A round on Dec 05, 2023, with participation from 0 investor.

Where does Litify rank among its competitors?

Litify ranks 3rd amongst 712 active competitors, of which 31 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Clio, which secured $500M in Nov, 2025.

Who are the top competitors of Litify?

Litify's top competitors include Clio, Filevine and Dye & Durham Corp.. Among them, Clio secured the most recent funding round in November, 2025.

Litify - 2026 Company Profile, Team, Funding & Competitors

Litify is an acquired company based in New York City (United States), founded in 2016 by Ryan Hallman. It operates as a Cloud based enterprise legal management software. Litify has raised $78.6M in funding from investors like Tiger Global Management, Fortress and Esquire Bank. The company has 712 active competitors, including 31 funded and 52 that have exited. Its top competitors include companies like Clio, Filevine and Dye & Durham Corp..

Company Details

Cloud-based enterprise legal management software. It is an end-to-end legal platform that provides legal practice management and enterprise legal management solutions to law firms and in-house legal teams. The platform offers matter management, task management, document generation, timekeeping, billing, and client communication management solutions. It provides data-driven insights that support law firms in improving the financial performance. It automates repetitive tasks and enables users to collaborate online and access real-time information.

Website: www.litify.com/
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Key Metrics

Founded Year

2016

Location

New York City, United States

Stage

Acquired

Total Funding

$78.6M in 4 rounds

Latest Funding Round

Series A, Dec 05, 2023, $*****

Investors

Tiger Global Management & 2 more

Ranked

3^rd among 712 active competitors

Employee Count

179 as on Jul 31, 2026

Investment & Acquisitions

LegalStratus

Similar Companies

Clio & 775 more

Exit Details

Acquired by Bessemer Venture Partners (Feb 09, 2023)

View Litify's full profile

Litify got acquired by Bessemer Venture Partners on Feb 09, 2023.

Click here to take a look at Litify's acquisition in detail

Litify has raised a total funding of $78.6M over 4 rounds. Its first funding round was on 2016. Litify has 3 institutional investors.

Here is the list of recent funding rounds of Litify:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 05, 2023	6827194	Series A	8388532	1826604	3973437	1338020
Jun 05, 2019	1191855	Series A	3646056	2539901	9530981	3975117
Apr 24, 2018	6644283	Series A	4287915	6538347	Esquire Bank	5624635

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View details of Litify's funding rounds and investors

The founders of Litify is Ryan Hallman.

Here are the details of Litify's key team members:

Ryan Hallman: Former Co-Founder & CTO of Litify.

View details of Litify's Founder profiles and Board Members

Litify's employee count trend

Litify has 179 employees as of Jul 26. Here is Litify's employee count trend over the years:

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Top competitors of Litify include Clio, Filevine and Dye & Durham Corp.. Here is the list of Top 10 competitors of Litify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Clio 2008, Vancouver (Canada), Series G	Platform offering legal practice management software	$1.79B	TCV, T. Rowe Price & 21 others	80/100
2nd	Filevine 2014, Provo (United States), Series E	Provider of legal practice management software with integrated AI capabilities	$548M	Insight Partners, StepStone Group & 11 others	67/100
3rd	Litify 2016, New York City (United States), Acquired	Cloud based enterprise legal management software	$78.6M	Tiger Global Management, Fortress & 1 others	65/100
4th	Dye & Durham Corp. 1874, New Westminster (Canada), Public	Provider of cloud-based legal practice management and fintech software	$25M	-	63/100
5th	Litera 1995, Chicago (United States), Acquired	Online practice management software for law firms	-	Hercules Capital, HgCapital Trust & 1 others	63/100
6th	Laurel 2016, San Francisco (United States), Series C	Cloud based employee time tracking software for the legal sector	$153M	Ulu Ventures, IVP & 26 others	63/100
7th	Darrow 2020, Tel Aviv (Israel), Series B	Developer of software identifying legal risks from public data sources	$63M	Georgian, F2 Capital & 4 others	60/100
8th	Elite 1980, Culver City (United States), Acquired	Provider of financial, time, invoice, and data management software solutions	-	-	60/100
9th	Case Status 2018, Charleston (United States), Series B	Provider of client intelligence platform for law firms and clients	$33.6M	Panoramic Ventures, Grayhawk Capital & 11 others	58/100
10th	STP 1993, Karlsruhe (Germany), Acquired	AI powered legal practice management software	$9.52M	Hg, Maguar & 1 others	57/100