Company Overview
Snapshot
Founded in September 2019 by Rami Lachter and Itai Hirsch, Flare operates with 201–500 employees. The company has raised $12.78 million across 2 funding rounds from 4 investors. In October 2021, its product Marble Law, a legaltech startup, reached a valuation of $1.5 billion and raised an estimated $100 million from investors including Insight.
Business overview
Flare develops a software platform designed to streamline the delivery of complex professional services, particularly within the legal sector. Its core technology empowers lawyers to enhance the client experience by providing ease and clarity throughout legal processes. The company's product, Marble Law, focuses on connecting lawyers with clients and facilitating legal transactions. Flare serves both consumers and enterprise & professional services markets, operating within the Business Software sector, specifically in Legal & Compliance Solutions.
Strategic signal
In October 2021, Flare's product Marble Law achieved a $1.5 billion valuation and secured an estimated $100 million in investment from firms like Insight and Oren Zeev. This significant capital injection and valuation underscore strong investor confidence in Marble Law's legaltech platform and its potential to disrupt the legal services industry by improving access and efficiency for both attorneys and clients.
Log in to access full profile ›Company Intelligence Q&A
- When was Flare founded and by whom?
- Flare was founded in September 2019 by Rami Lachter and Itai Hirsch.
- What is Flare's primary product?
- Flare's primary product is Marble Law, a legaltech platform that connects lawyers with clients and simplifies the delivery of legal services.
- What was the valuation of Marble Law in October 2021?
- In October 2021, Marble Law reached a valuation of $1.5 billion.
- Which investors participated in Marble Law's funding round in October 2021?
- In October 2021, Marble Law raised an estimated $100 million from investors including Insight.