Precedent
PrivateLast Round
Accelerator
Apr 4, 2024
Total Funding Raised
$9M
Company Overview
Precedent is a legal technology company that provides an AI-powered platform to streamline communication and workflows between personal injury law firms and insurance carriers.
Sector
Enterprise Software
Verticals
Legal Tech, Workflow Automation, NLP & Conversational AI, Vertical SaaS
Business Model
B2B
Customer Profile
Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Precedent Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Precedent Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Accelerator | Apr 4, 2024 | ||||
| Seed | Jun 14, 2023 |
Key People
Founding team and executive leadership
Precedent Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Plug and Play Tech Center | Accelerator |
| AdirVentures | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 26, 2025
Partnered with Clio to offer an end-to-end solution for personal injury lawyers.
Precedent Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Precedent's valuation, stock price, and market status.