Rightmart Group

Overview
LegalTech?
Product stageSegments
Early
?
Practice management
?

Rightmart Group is a leading legal tech provider offering consumer legal solutions. Founded in 2015, the company has achieved organic growth averaging 60% annually. Rightmart Group operates a platform that consolidates various competencies and services, including legal expertise, product development, online marketing, data analytics, process optimization, back-office support, accounting, customer service, and HR management. This platform is leveraged by Rightmart Group's 40 brands and partner law firms.

The company's core offering revolves around providing accessible and cost-effective legal services to consumers. It achieves this by enabling partner law firms to focus solely on delivering high-quality legal services while benefiting from economies of scale and network effects facilitated by the Rightmart platform. The platform streamlines operations through legal tech components such as software, data, AI, and process automation.

In addition to supporting partner firms, Rightmart Group markets legal services directly to consumers through brands like "rightmart: Die einfachste Kanzlei der Welt" and legal tech platforms like hartz4widerspruch.de, mehrbuergergeld.de, and dieselskandal-helfer.de.

Following a EUR 27.5 million Series B funding round in July 2023 from strategic investors KS/AUXILIA and LVM Versicherung, Rightmart Group initiated a consolidation strategy. This involves acquiring various legal tech companies and partnering with law firms to build the largest and most well-known consumer law firm brand in Germany. The company plans to accelerate this growth through a roll-up strategy for acquiring law firms.

In September 2023, Rightmart Group acquired Legal One, a legal tech agency specializing in agile software development, creating an entity with an annual revenue of EUR 50 million – the largest consumer law firm and most significant legal tech company in Germany from a consumer perspective.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Hinterm Sielhof 4-5 Bremen DEU
Founded year:
2015
Employees:
251-500
IPO status:
Private
Total funding:
USD 42.6 mn
Last Funding:
USD 30.9 mn (Series B; Jul 2023)
Last valuation:
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Company profile
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