ConfiAbogado – a legal tech startup and largest B2C labor law provider in Latin America – recently announced $1.65 million in seed funding led by Tuesday Capital. And participating investors also include DTB Capital, Seedstars International Ventures, 500 Global, Invariantes, Goodwater, GAIN Capital, and Side Door Ventures.
Currently, only 1 in 11 individuals in LatAm seek legal services in times of need. And ConfiAbogado’s proprietary technology selects the best legal strategy and automatically creates the documents needed to solve a user’s legal problems.
The individual provides the necessary data during a preliminary chat. Then, the algorithm uses a network of validated lawyers to develop the necessary fieldwork. This efficiency dramatically enhances the accessibility of legal services, provides transparency for customers, and reduces friction for legal professionals. The new funding will support ConfiAbogado’s expansion to new verticals and cities to more than triple its current geographic footprint and develop new AI tools for better quality and efficiency.
ConfiAbogado is breaking down barriers for the general public to access legal care with simple, affordable methods. In under 15 minutes, claimants receive an answer to all their concerns and digitally start their legal procedure. ConfiAbogado algorithms process this information and select the best option for the user from more than 100,000 possible combinations – a perfect fit in seconds with no human errors. Later on, clients receive constant information about the evolution of their process, as simple as tracking food delivery to their homes.
ConfiAbogado focuses on the most common legal problems facing Latin America – trials of civil/commercial, labor, and family. And according to the World Justice Report, 57% of all legal problems in the region fall within these categories. ConfiAbogado is the first tech bet on providing legal solutions on volume rather than relying on high costs for their customers, completely changing the way the industry has behaved to date.
ConfiAbogado accepts payment only after a case has been won with accessible prices. It offers flexible installment plans to fit any budget, taking a more human-centric approach and creating a sense of trust with its clients.
KEY QUOTES:
“Right now, only 8% of people with a legal problem in LatAm hire an attorney. Our goal is to double that over the course of 7 years. By creating an Uber-like tech platform for legal services, we are able to expand accessibility massively while enhancing the capabilities of existing legal professionals. This means reduced costs, more transparency and massively increased efficiency.”
— Emiliano Ruiz, CEO and Cofounder of ConfiAbogado
“ConfiAbogado is a perfect example of how technology can open access to key services for underserved populations. It’s a highly scalable model, focusing on impactful services with a lot of room for growth.”
— Patricia Sosrodjojo, General Partner at Seedstars International Ventures
