Level, the family law litigation funder founded in 2017, has just sold an equity stake to 1818 Venture Capital. The GBP 20 million deal is also expected to refinance Level’s revolving credit line.
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
Level, the family law litigation funder founded in 2017, has just sold an equity stake to 1818 Venture Capital. The GBP 20 million deal is also expected to refinance Level’s revolving credit line.
Global Legal Post explains that the investment in Level will accelerate its growth and expansion in a way that increases access to justice and fairness. Family law clients are becoming increasingly aware of litigation funding as an option—especially when there’s a lack of funding for proper legal advice. Litigation funding is also helpful in many types of alternative dispute resolutions.
Level funds family law cases, including high net-worth divorce cases.
Founder and CEO of Level, George Williamson, stated that the investment by 1818 Venture Capital is a testament to the value of Level. This highly flexible funding line will allow Level to pursue opportunities and innovation.
