Litigation finance platform

Legalist is a technology-driven investment firm specializing in alternative assets, including litigation finance. Founded in 2016 and incubated at Y Combinator, Legalist utilizes proprietary algorithms to analyze court records and identify meritorious commercial litigation claims for investment. The firm provides non-recourse funding to plaintiffs, covering legal fees and litigation expenses, with repayment contingent upon a successful outcome. As of 2024, Legalist manages over $1.5 billion in assets, offering uncorrelated yield opportunities to institutional investors such as endowments, foundations, hospitals, insurance companies, and family offices.