Inside the VC-Backed RegTech Momentum
This week, one of the year’s biggest cybersecurity conferences, RSAC, kicks off herein my backyard.
With a packed agenda covering some of the most pressing issues in cybersecurity today, the conference takes place as the sector, along with others under the RegTech umbrella, are experiencing high levels of VC investment, as some of enterprise’s most complex and arguably dull tasks, such as compliance, are yielding some of the biggest deals.
As capabilities of AI create novel and powerful ways to address regulatory challenges, while at the same time, enterprise use of AI technology also creates a new host of burdens around compliance, data protection and cybersecurity, the importance of the RegTech sector has continued to grow.
Amid rapidly growing RegTech global market – which I include under the broader LegalTech umbrella – this edition of Venture Legal explores RegTech’s history and current growth, and examines sectors such as:
- Cybersecurity, which is experiencing an influx of VC funding;
- Compliance, a crucial process essential to organizational risk-prevention;
- InsurTech, which is rapidly growing due to AI innovation; and
- GovTech, which has been called the sector’s “last frontier.”
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The Future of AI + LegalTech @ SF Tech Week
As cloud computing and AI expert David Linthicum recently wrote, “AI is often described as a transformative technology, but transformation is anything but easy.” That’s why, as AI transforms the legal sector, it was imperative to convene a panel during SF Tech Week composed of legal industry leaders who’ve made AI work – Okta’s Russell…
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LegalTech Goes Global! (Part 2)
In just the past two weeks, since publishing Venture Legal’s LegalTech Goes Global (Part 1): As VC-funding startups rapidly scale globally, this week’s edition of Venture Legal is Part 2 of the LegalTech Goes Global series. This week I’m exploring: Follow me on Substack and subscribe to read the featured story! Venture Legal,…
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LegalTech Goes Global! (Part 1)
When Business Insider, reporting that LegalTech funding had crossed $1 billion so far this year, curated a select list of 10 LegalTech startups, two hailed from outside the U.S. – Sweden’s Legora, which had an $80M raise in May, and Britain’s Luminance, which had a $75M round in February. This week’s edition of Venture Legal…