[Portland, 11/7/23] - Settlement Intelligence, a customer-focused legal technology startup, is pleased to announce a seed investment from Verify Venture Studio in Portland, Oregon. Founded by a team of legal and technology experts, Settlement Intelligence has developed a comprehensive SaaS service designed to streamline and enhance the settlement negotiation process for legal professionals. The platform leverages artificial intelligence and machine learning to ingest extensive information about traumatic injuries, bodily injury claim software, medical bill review software, and personal injury demand letters to create the industry-leading demand letter SaaS service.
The investment from Verify Venture Studio will enable Settlement Intelligence to accelerate its development efforts and expand its reach in the legal tech market. "Settlement Intelligence's vision aligns perfectly with our mission of supporting disruptive innovators that drive positive change," said Russell McLemore, Managing Partner at Verify Venture Studio. "We believe that their service has the potential to transform the legal industry, and we are excited to be a part of their journey."
Settlement Intelligence CEO Charlette Sinclar expressed gratitude for the support and confidence shown by Verify Venture Studio: "This partnership is a significant milestone for Settlement Intelligence. It will allow us to grow our team, extend our product offerings, and reach a wider audience of legal professionals. We are thrilled to have Verify Venture Studio as a strategic partner on our path to supporting legal professionals in securing better outcomes for their clients."
About Settlement Intelligence: Settlement Intelligence (settlementintelligence.com) is a legal technology startup in Portland, Oregon, that utilizes expert-trained artificial intelligence and machine learning to provide demand letters and data-driven insights for legal professionals. The Settlement Intelligence platform not only automates demand letter writing, but employs three different proprietary demand letter formats that have proven successful in triggering insurance claims evaluation software. This first-of-its-kind SaaS enhances settlement negotiations, enabling legal practitioners to make informed decisions and achieve maximum settlement value for their cases.
About Verify Venture Studio: Verify Venture Studio (verifyventurestudio.com) is a venture studio in Portland, Oregon, and Cincinnati, Ohio. The firm moves teams from ideas to launch through rigorous testing and validation to ensure that customers, entrepreneurs, and investors are delighted by the products and services refined by our practices. They are always excited to speak with leaders, no matter the stage of business. We want to talk - whether you are starting with a discovery, looking to figure out how it fits a customer's need, or struggling to scale as a startup or within a large company.