Justin Kan wants to changethe legal industry, and has gathered a team together to do just that.According to sources his newest startup, called Atrium LTS, is looking to raise $10 million for its initial round of funding.
As the eponymous founder of Justin.tv, Kan has had a fair amount of success over the last few years. While Justin.tvwasnt a huge hit as a life-casting or live-streaming platform,itended up spawning Twitch, which sold to Amazon for just under$1 billion. Hes also been a prolific angel investor, which includes investments in Cruise Automation, which sold to GM for more than$1 billion.
Kan himself has never worked in the legal industry, but as a serial entrepreneur hes been a customer of legal services over the years. Hes also surrounding himself with otherswho have worked in the industry and created startups to change it.
Key among the team is Orrick startup lawyer Augie Rakow, who is well connected in the tech space due to a number of high-profile companies hes worked for, as well as amonthly founder meetup he organizes. Joining them also is BeBe Chueh, who was the founder of a company called AttorneyFee, which sold to LegalZoom a couple of years ago.
On the technical side of things Kan has recruited Chris Smoak, who was an early AWS employee, Y Combinator alumand founder of a company called Gambit Labs, as the companys CTO. Rounding out the team is Nick Cortes, who is also working with Kan on his Zero-F incubator and handling operations for the group.
Atrium is seeking to raise a total of $10 million, and sources tell us General Catalyst has committedto leading the round. In addition to rounding out its financing with other VCs, Atriumis also looking to getbuy-in from some tech companiesas strategic investors and potential clients.
Kan and General Catalyst declined to comment on the financing, of course.Were hoping to learn moreonce Atrium isa further along and the team is more willing to talk about what theyre building and how exactly theyre looking to tackle the legal industry.