The archive · Money & Fintech · Financial decision · 2021–2026
Jusfy's bet: 350M case records let it underwrite Brazil's lawyers
Legal AI platform serving 60,000+ professionals raises $15M Series A to turn case data into credit for law firms.
Jusfy
What the business is
AI-powered platform for Brazilian legal professionals combining workflow tools — research, client intake, billing and case management — with embedded financial services; Jusfy Pay is a digital account and billing product for law firms.
Starting capital：US$15M Series A announced July 2026: led by Quona Capital, with Thomson Reuters Ventures, Spectra E Investments, The LegalTech Fund, FJ Labs, SaaSholic and Maya Capital.
How it started
Jusfy was founded in São Paulo in 2021 by Rafael Bagolin to give Brazil's legal profession software for the business of law. Brazilian courts generate tens of millions of cases and lawyers operate with little institutional credit, so Bagolin's ambition was to make the legal process itself legible enough to lend against.
What happened
The platform combined legal workflow tools with embedded financial services, grew to serve more than 60,000 legal professionals, and built an intelligence base covering about 350 million legal cases. In 2026 Jusfy launched Jusfy Pay, a digital account and billing platform for law firms, and closed a $15M Series A led by Quona Capital with strategic participation from Thomson Reuters Ventures.
How it ended up
As of 2026-08-04 Jusfy is scaling the Series A into financial services: legal fee advances, client financing and lending backed by legal claims are planned, with the stated ambition of building a credit score from the legal process — how much a claim is worth, how long it takes and its probability of success.
Background
Jusfy is a Brazilian legal technology company founded in São Paulo in 2021 by Rafael Bagolin. It built an AI-powered platform for legal professionals that combines workflow tools — legal research, client intake, billing and case management — with embedded financial services, betting that lawyers need software for the business of law, not just document automation.
The deeper bet is that legal data is credit data. Brazil's courts generate tens of millions of cases and lawyers rarely qualify for institutional credit, so Jusfy began indexing the legal process itself: by 2026 its intelligence base covered about 350 million legal cases and its platform served more than 60,000 legal professionals.
In 2026 Jusfy launched Jusfy Pay, a digital account and billing platform for law firms, then closed a $15M Series A led by Quona Capital with participation from Thomson Reuters Ventures, Spectra E Investments, The LegalTech Fund, FJ Labs, SaaSholic and Maya Capital. The funding is earmarked for expanding Jusfy Pay, new AI capabilities and a version of the platform for law students.
The stated endgame is a credit infrastructure for the legal sector: legal fee advances, client financing and lending backed by claims, priced from what the case is worth, how long it will take and its probability of success — a credit score built on the legal process rather than traditional banking history.
What has to be true
- 60,000+ legal professionals already use the workflow platform, giving Jusfy the billing and case data a lender would need (LegalTechTalk).
- An intelligence base of ~350 million cases is the raw material for scoring claims that banks cannot assess (LegalTechTalk).
- Thomson Reuters Ventures joining the round ties the platform to legal-industry distribution and credibility (LatamList).
- Jusfy Pay starts with payments lawyers already process daily, so embedded credit can follow the money instead of asking lawyers to switch tools (LatamList).
What can be applied
Vertical data is an underwriting asset: a platform that sees millions of case outcomes can price legal risk that banks cannot, turning a software tool into a lender with better information.
Aftermath
As of 2026-08-04 Jusfy is moving from legal software into finance: a $15M Series A led by Quona Capital with Thomson Reuters Ventures, 60,000+ legal professionals on the platform and ~350 million cases indexed, and Jusfy Pay launched as the payments entry point. The company plans legal fee advances, client financing and claims-backed lending, priced off case value, duration and success probability. The open question is whether its case-outcome model can underwrite credit at Brazilian interest-rate economics before the round runs out.
Sources
- Jusfy Raises $15 Million Series A to Expand Financial Services for Lawyers
- Jusfy raises $15M Series A led by Quona Capital
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