Financial Information and Strategy

We transform law firm revenue from hourly to subscription.

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Funding

Closed $150k of our $500k pre-seed round from 3 investors.

Launch Fund

$25k convertible note that converts at $1 million raised.

West Coast Angel

$100k SAFE with 20% discount upon conversion, no cap.

Chicago Family Office

$25k SAFE with 20% discount upon conversion, no cap.

Current Equity Split
54%
Mathew Kerbis
36%
Shomari Ewing
10%
Equity Pool
Ownership Breakdown

The founding team retains a strong majority stake, with a 10% equity pool reserved for future team members and advisors.

Total Addressable Market
Estimated TAM

$1B+ total addressable market

Target Attorneys

Approx. 500k solo/small firm US-based attorneys

Path to $10M ARR

Assuming $150 average monthly price, 5,556 paying users, or 1.2% of TAM, gets to $10 million in ARR

Business Model
Freemium

Law firms create an account, connect to Stripe, build out subscriptions, and subscribe their first client for free (not including payment processing fees)

Early Access Pricing

$20/month after the law firm subscribes its second client

Later in 2026

$100/month for basic features and $200/month for advanced features (more Practi firm landing page customizations, referrals, etc.)

Burn & Runway
Current Financials
$124K
Cash on Hand
$7K
Monthly Burn
What's Included in Burn
  • CTO compensation
  • Insurance
  • Legal
  • Bookkeeping
  • Software
Funding Spend Plan

How we plan to deploy the remaining capital from our pre-seed round:

1
Grow Marketing & Advertising

Grow marketing/advertising efforts, whether by fractional talent, a team, or combination of both

2
Trade Shows

Attend and exhibit at more trade shows including hosting happy hours

3
Front End Designer

Add a front end designer with AI experience to the technical team (we have already met with a former legaltech founder who had an exit to NetDocs who meets this criteria)

4
Community Manager

Hire a community manager who is also a lawyer who has used subscription billing and is already coaching lawyers (we have someone identified but have not reached out yet with this opportunity)

Launch & Users
Launch Timeline
January 14, 2026

We soft launched on January 14, 2026.

Later This Year

We will re-launch in earnest as part of our GTM strategy later this year.

User Metrics
70
Total Users
21
Fully Onboarded
3
Paying Users

At early access pricing of $20/month

*We have calls scheduled with partial onboards to help close that gap.

Ideal Customer Profile
Primary ICP

Solo and small firm lawyers are our ICP

In-House Attorneys

We also have former (and one current) in-house attorneys

BigLaw Contraction

We also believe that AI adoption by BigLaw will cause a great contraction of talent

Content Strategy

We are creating content around leaving BigLaw and starting a law firm using Practi

Focus

Our sole focus is helping lawyers use subscription billing and being feature-rich in that narrow vertical.

The Calendly Analogy

Like Calendly, other scheduling options exist, but none are as feature-rich.

Best of Breed

As a best of breed tool, we are alone. Some practice management tools let law firms break up bills that are similar to subscriptions, but these are more like payment plans. We are the only option that lets clients self-serve.

Links

Explore our pitch, product, and schedule a meeting with our team:

Pitch, Deck & Product Demo
View Demo