Investment in The LegalTech Fund II and expanded Consilio Innovation Lab will broaden client access to emerging legal technology
Consilio, a global leader in legal technology and enterprise legal services, recently announced its role as a cornerstone investor in The LegalTech Fund (TLTF), the premier venture capital fund dedicated to investing in entrepreneurs transforming the world of law.
Consilio is also announcing today the expansion of the Consilio Innovation Lab during its second annual Innovation Summit this week. A new law firm offering as part of the Lab will create a pathway for firms to access and evaluate emerging technologies, enabling client-driven initiatives that firms are often tasked with pursuing. Corporate clients can nominate firms for inclusion, ensuring alignment with strategic priorities and fostering shared exploration of solutions. This connected model strengthens collaboration across the legal value chain and positions Consilio as a trusted guide for innovation on both sides of the client–law firm relationship.
Since their launch in 2024, both the Consilio Innovation Lab and Consilio Innovation Summit have served as testing grounds for early-stage legal technologies sourced through TLTF and the broader ecosystem. The Lab provides a structured environment where legal teams can evaluate emerging AI, automation, and analytics tools before adopting them at scale—enabling clients to validate feasibility, reduce risk, and shape technology development. The Innovation Summit complements this by bringing law department leaders and early-stage innovators together for an interactive, multi-day program focused on hands-on collaboration and exploring the latest advancements in legal technology.
“The Innovation Lab lowers traditional barriers to adoption, giving corporate legal teams – and now law firms – a trusted, lower-risk space to tackle complex challenges with solutions that would otherwise be out of reach,” said Peter Ostrega, Global Managing Director of Corporate Verticals, Consilio.
Consilio’s Innovation Lab is supported by TLTF’s unparalleled access to early-stage companies and deep knowledge of legal innovation.
“Consilio’s investment in The LegalTech Fund represents a powerful alignment of vision. Through our partnership and this investment, we’re not just funding the future of legal technology, we’re accelerating our mission to back the entrepreneurs reimagining every aspect of legal service delivery,” said Zach Posner, Co-Founder & Managing Partner of The LegalTech Fund.
TLTF’s second fund continues their work investing globally in early-stage startups up to Series B, backing companies redefining every corner of the legal ecosystem. Consilio’s strategic investment in Fund II expands the company’s ongoing partnership with TLTF and underscores its commitment to empowering clients with early access to cutting-edge legal technologies in secure, adaptable environments.
“True innovation comes from giving our clients the freedom to choose the solutions that best fit their needs, not forcing them into a single, consolidated platform. In a market that’s moving toward consolidation, our growing investment in The LegalTech Fund helps bring the best of the AI ecosystem directly to our clients,” said Andy Macdonald, CEO of Consilio.
Building on its seven AI solutions established in the market, Consilio continues to pursue innovative technological advancements from across the industry that support client outcomes.
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