This startup provides litigation funding services for small to medium-sized cases, utilizing artificial intelligence for risk assessment, outcome prediction, and cost analysis. By offering capital to claimants, the company enables them to pursue litigation or arbitration without financial constraints.
Funding
$24.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals, liquidators, and small to medium-sized businesses are unable to pursue meritorious legal claims due to the high costs and financial risks associated with litigation and arbitration. This lack of access to justice can result in valid claims being abandoned or under-pursued, especially when facing well-resourced opponents.
Solution
Apex Litigation Finance provides non-recourse litigation funding, enabling claimants to pursue legal action without upfront capital expenditure. The company offers funding for a range of cases, with particular expertise in low to medium value claims, typically ranging from £100k to £5m. Apex uses an AI-driven system to assess risk, predict outcomes, and analyze costs, allowing for faster funding decisions and more competitive terms. If the case is won, Apex receives an agreed share of the proceeds; if the case is lost, the claimant owes nothing. This approach transforms the bargaining power of financially challenged claimants, allowing them to share the cost risk of litigation with an expert investor.
Target Audience
Apex Litigation Finance serves corporates, individuals, and liquidators of failed businesses who require funding to pursue litigation or arbitration cases.
Features
- AI-driven risk assessment for outcome, settlement, timeline, costs, and awards prediction
- Non-recourse funding model: nothing to repay if the case is lost
- Funding available for all or part of the costs of an action
- Quick funding decisions, typically within 10 working days of application receipt
- No minimum claim value requirement
- Flexible funding solutions for claims where only disbursements need funding