Chariot Claims raised $10 million in Series A funding to expand its AI-powered platform for consumer protection claims and mass arbitration. The round was led by Mike Dodd, General Partner at Silverton Partners, with participation from Indicator Ventures, Lightbank, Neon Fund, ZVC, Rosecliff Venture Partners, Alumni Ventures, FJ Labs, Graph Ventures, Vermilion Ventures, and other angel investors.
Chariot plans to use the funding to further develop its artificial intelligence capabilities, scale operations, and expand its work around consumer privacy rights, education, and related policy issues.
The company has more than doubled its team during 2026, adding employees with experience from AI companies as well as Rocket Money, Rippling, and Twitch.
Chariot operates a consumer legal technology platform designed to help individuals identify potential corporate violations, determine whether they may qualify for a claim, and pursue compensation through a network of partner law firms.
The company said it now processes more than 200,000 pre-qualified consumer claims per month, primarily involving mass arbitration cases against large corporations.
Chariot’s model focuses on coordinating large numbers of individually represented claims rather than combining consumers into a single class-action lawsuit.
The company said its users have received an estimated average of approximately $460 through its platform, compared with $32 cited from a Consumer Financial Protection Bureau analysis of class-action settlements.
Historically, mass arbitration and similar approaches have been difficult to scale because of the administrative burden associated with identifying potential claimants, determining eligibility, coordinating legal representation, and managing large numbers of individual cases.
Chariot is using AI to automate parts of that process.
Its platform is designed to identify patterns of potential misconduct, match consumers with cases where they may have been affected, assist with qualification, and coordinate claims with participating law firms.
The company positions the platform as a central place where consumers can discover potential claims and begin pursuing compensation without navigating multiple legal systems independently.
Chariot said its focus includes potential harms involving privacy violations, hidden fees, false advertising, and other forms of alleged corporate misconduct.
The company has increasingly focused on mass actions and mass arbitration after pivoting toward the model slightly more than a year ago.
Chariot said it has since received multiple threats of litigation from defendants involved in cases supported by its platform.
The company also pointed to changes in consumer privacy law as an area where it intends to become more active.
Chariot specifically cited California SB 690 and said it plans to invest in consumer privacy rights, education, and protective legislation as part of its broader strategy.
Beyond claims administration, Chariot is attempting to build infrastructure that helps consumers understand when their rights may have been violated and organize around similar claims at scale.
The company is led by Co-Founder and CEO Zim Hang, a three-time founder with experience across health technology, financial technology, and legal technology.
KEY QUOTES:
“When a company breaks the law, almost no one who’s owed money ever collects it. Chariot has built the technology to make individual claims work at scale, and the team to operate it in a category where execution is genuinely hard.”
Mike Dodd, General Partner at Silverton Partners
“We raised this round to take on the Goliath megacorps. They’re already using bullying tactics and financial leverage to threaten us and quiet the legal process. This capital lets us accelerate our tech to even the playing field, as well as invest in consumer privacy rights, education, and protective legislation.”
“Companies are betting that consumers are too busy and too outmatched to fight back. We’re betting on what happens when they finally have the tools to do it. Our goal is simple: organize people who have been harmed by megacorps, and make it more expensive to break the law than to follow it.”
Zim Hang, Co-Founder and CEO of Chariot Claims
