Paladin PBC, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Paladin PBC, Inc. - overview

Established

2015

Location

New York, NY, US

Primary Industry

Software

About

Paladin PBC, Inc. , based in the US, specializes in enhancing pro bono legal efforts through a robust software platform that connects legal service organizations with volunteers, streamlining the matching process for attorneys and pro bono opportunities. Paladin PBC, Inc. was founded in 2015 and is headquartered in New York, US.


The company provides a software solution aimed at the legal industry to improve pro bono engagement. It has secured a total of 8 deals, with the most recent occurring on May 3, 2022, when it raised USD 8. 000 mn in Series A funding led by World Within. The funding round included participation from several investors such as American Family Insurance Institute for Corporate and Social Impact and C2 Ventures.


The current company valuation stands at USD 33. 117 mn. The founders, Felicity Levey and Kristen Sonday, have experience in developing impactful solutions within legal frameworks. Paladin offers a comprehensive software platform tailored for the legal industry, focusing on enhancing pro bono efforts.


Their core product is a centralized portal that connects legal service organizations with volunteers, simplifying the matching process based on interests and expertise. The platform includes automated tools for program management and engaging dashboards that allow organizations to measure their community impact. Paladin serves law firms, in-house legal teams, legal services organizations, and bar associations across the United States, improving access to justice and bolstering pro bono initiatives. Paladin generates revenue through subscription-based models targeting law firms, legal service organizations, and corporate legal departments utilizing their platform for pro bono program management.


Clients typically enter into annual or multi-year subscription agreements providing access to Paladin's full suite of tools. The pricing plans are customized to meet the needs of individual organizations, enabling them to effectively manage their pro bono activities while monitoring their social impact. In May 2022, Paladin PBC, Inc. raised USD 8.


000 mn in Series A funding, which will be utilized to accelerate product development and support international expansion. The company aims to enhance its software offerings and is actively targeting new geographic markets to establish a broader footprint. Specific plans for new product launches and release dates will be detailed as development progresses.


Current Investors

Chaac Ventures, Flat World Partners, Techstars

Primary Industry

Software

Sub Industries

Web Applications, Legal Software

Website

www.joinpaladin.com

Verticals

Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.