iLaw Ventures LLC
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iLaw Ventures LLC - overview
Location
New York, NY, US
Primary Industry
Education/Training
About
iLaw Ventures LLC is a legal education technology company that enhances law schools' curricula through innovative online learning solutions and data analytics, catering primarily to institutions across North America. iLaw Ventures LLC specializes in developing advanced educational tools for law schools. The company was acquired by BARBRI, a portfolio company of Leeds Equity Partners, in July 2017. The firm is headquartered in New York, US.
The founder's history is not publicly available. BARBRI Legal Ed offers a comprehensive suite of educational solutions aimed at enhancing the effectiveness of law schools through innovative distance learning, curriculum development, and data analytics. Their core product offerings include online J. D.
courses and the development of Hybrid J. D. and Online Masters Programs, which are designed to improve students' core legal knowledge, cognitive skills, and complex problem-solving abilities. These programs utilize proprietary data and ongoing formative assessments to deliver measurable outcomes and statistical analysis, allowing institutions to benchmark themselves against similar schools nationwide.
BARBRI Legal Ed serves a diverse client base, including law schools across the United States, and has established partnerships with various educational institutions, such as Suffolk University in Boston. The geographical markets for these products extend to accredited law schools across North America, focusing on institutions seeking to adapt to the evolving legal education landscape. The revenue model for BARBRI Legal Ed is centered around partnerships and subscriptions with law schools that seek to enhance their educational offerings. The firm engages in direct business-to-business transactions, providing tailored educational content and services to its institutional clients.
Revenue is generated through the licensing of their online courses, curriculum resources, and data analytics services, which are typically packaged into subscription agreements. These agreements allow law schools to access BARBRI’s proprietary content and assessment tools, facilitating their ability to support student success. Specific pricing plans and transaction structures are designed to accommodate the varying needs of law schools, reflecting the value of the advanced educational tools and resources provided by BARBRI Legal Ed. The growth strategy for iLaw Ventures includes the launch of new products aimed at enriching their educational offerings.
Following their acquisition by BARBRI in July 2017, they aim to expand their geographic reach into additional markets across North America. Recent funding will be utilized to support the development and launch of new educational programs designed to meet the changing needs of law schools and their students.
Current Investors
BARBRI, Inc.
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Education & Training Website, Education & Training Software, Legal Software
Website
www.ilawventures.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
iLaw Ventures LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | iLaw Ventures LLC | - |
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iLaw Ventures LLC - employee data


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