Financing round: RightNow
RightNow receives EUR 8.5 million in Series A financing round from VR-Ventures and Schwarzwälder Bote
VR Ventures and the Family Office of Schwarzwälder Boten invest EUR 8.5 million in our LegalTech portfolio company RightNow,. With the fresh capital, the company aims to "further advance its product development and build the leading consumer receivables purchasing company." RightNow was founded in 2017 by Dr. Torben Antretter, Phillip Eischet and Dr. Benedikt Quarch. The young company focuses on so-called consumer claims purchasing and buys legal claims from customers in full.
Dr. Torben Antretter, co-founder and CFO of RightNow, said:
“With this investment, we have a solid financial basis for further growth. Our focus is now on further developing our products to make it easier and easier for existing and future customers to deal with legal claims.”
More about RightNow's funding round can be found here.