iubel

iubel offers legal protection by covering all upfront legal costs and assuming financial risk for clients. The company assesses cases for their likelihood of success and is compensated with a share of awarded damages only if the client prevails.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Individuals seeking legal recourse often face significant financial barriers, including upfront costs, retainer fees, and the risk of bearing all legal expenses if their case is unsuccessful. This financial burden prevents many from pursuing valid claims, leading to a disparity in access to justice.

Solution

iubel provides a legal protection service that eliminates upfront costs and contractual obligations for clients. The company assesses cases for their likelihood of success and assumes the financial risk, covering all legal expenses. If a case is lost, the client incurs no costs. In instances where the client prevails, iubel receives a predetermined share of the awarded damages. This model democratizes legal representation by removing the financial risk for individuals pursuing their claims.

Target Audience

The primary target audience includes individuals and consumers facing legal disputes across various domains such as employment law, landlord-tenant issues, and consumer protection cases, who are deterred by the financial risks associated with traditional legal representation.

Features

Contingency-based legal financing model: iubel covers all legal costs, with compensation contingent on case success.
Risk assessment engine: Proprietary software analyzes case merits to determine funding eligibility and potential outcomes.
Partner attorney network: Access to a curated network of legal professionals across various specializations.
Immediate legal protection: Service is available without waiting periods or long-term contractual commitments.
Retrospective coverage: iubel can provide legal protection for cases that have already initiated legal proceedings.
Transparent success fee structure: Clients are informed of the percentage iubel will receive from awarded damages (17.5-39%).
Digital case submission portal: Streamlined online process for clients to submit case details and documentation.
24-hour case assessment feedback: Clients receive an initial assessment of their case's funding eligibility within 24 hours.