Exigent launches evergreen fund for legal tech.
Global Banking News-July 11, 2019-Exigent launches evergreen fund for legal tech
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Bright Minds Capital Partners ("BMCP") has been launched as the first evergreen fund specializing in early stage investments in legal and data technology, focusing on AI, blockchain and big data management applications, the company said.
With legal tech expert Exigent as cornerstone investor, BMCP will provide not just capital, but also leadership and sector expertise to start-ups specializing in legal technology and services, data extraction, corporate data management, and optimization. Blockchain is also a key focus area: one of the first investments in the fund's portfolio is Lexchain, an immigration compliance automation tool using the latest distributed blockchain ledger technology.
In an effort to improve the way data is used for corporate decision-making, the BMCP fund has been established by a seasoned group of legal strategists, data technologists, information architects and VC experts, including CEO David Holme, who, together with Nicola Stott, founded Exigent, a global alternative legal services provider, over 15 years ago. With an evergreen fund and the focus on the fundamentals of investment, the BMCP team will combine capital with legal, technology and financial expertise to support the development of technology that has true impact, longevity and tangible ROI.
Bright Minds Capital Partners is an open-ended fund investing in disruptive technology companies that are breaking corporate data silos. Based in Chicago and London, Bright Minds Capital is led by David Holme and Nicola Stott, also founders of alternative legal services provider Exigent. With an accomplished team of legal technology leaders and investment experts, Bright Minds co-invests alongside select industry partners to maximize sector knowledge. For more information about Bright Minds, visit: www.brightmindscapitalpartners.com
Exigent is a global alternative legal services provider operating at the intersection of law, business, and technology. With a worldwide team of over 400 attorneys, business analysts, developers, and consultants, Exigent is transforming the way legal services are offered by applying analytical thinking, smart use of technology and inventive talent, to deliver answers that impact every aspect of business performance. For information about Exigent visit www.exigent-group.com
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|Publication:||Global Banking News (GBN)|
|Date:||Jul 11, 2019|
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