Cartiga offers non‑recourse legal financing that gives law firms working capital to cover case expenses, marketing and growth while they wait for settlements, and provides cash advances to individual plaintiffs to cover household and medical costs during litigation. Funding is based on the projected value of claims, delivered within 24 hours, and repaid only from settlement proceeds, allowing firms and claimants to maintain cash flow without traditional loan obligations.
Funding
$80M 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
Law firms often lack sufficient cash flow to cover case expenses, marketing, and overhead while waiting for settlements, and individual claimants may struggle to meet household and medical bills during lengthy litigation.
Solution
Cartiga provides non‑recourse legal financing tailored to both law firms and individual plaintiffs. For firms, it offers working capital that bridges the gap between case initiation and fee recovery, enabling expansion, marketing, and case expense coverage without upfront fees or compounding interest. For consumers, Cartiga supplies cash advances to cover living and medical costs, with repayment only if the lawsuit results in a favorable settlement. Funding amounts are determined by evaluating the strength and projected value of the underlying claims, and funds can be transferred within 24 hours. The company’s financing terms are structured as an ownership interest in potential settlement proceeds, eliminating the need for traditional loans and reducing reliance on high‑cost credit options. By aligning repayment with case outcomes, Cartiga helps firms maintain cash flow stability and empowers claimants to pursue their cases without financial pressure.
Target Audience
Primary customers are law firms that operate on contingency fee models and need cash flow for case expenses or growth, and individual plaintiffs represented by attorneys who require financial support during pending litigation.
Features
- Working capital for law firms with no upfront fees, low monthly payments, and no compounding interest
- Pre‑settlement and post‑settlement funding options based on case portfolio evaluation
- Consumer legal funding that provides cash advances for personal and medical expenses, payable only from settlement proceeds
- Rapid funding delivery, often within 24 hours after approval
- Non‑recourse financing model that purchases an ownership interest in potential settlement proceeds
- Flexible repayment structures tied to case resolution rather than fixed loan schedules
- Dedicated support team with legal‑industry expertise to assess case value and financing needs