Global legal technology company Relativity has partnered with The LegalTech Fund to launch a new initiative designed to back the next wave of start-ups transforming legal data intelligence.
Relativity has unveiled the launch of Rel Labs, a new initiative designed to accelerate innovation and support emerging legal technology start-ups that enhance the capabilities of its cloud platform, RelativityOne.
The global legal technology company’s new investment and innovation arm has been developed in partnership with The LegalTech Fund, with Relativity set to participate as both an investor and operating partner with the venture capital firm.
Through Rel Labs, the company stated it aims to accelerate transformation across the legal technology ecosystem while continuing to “deepen its investment in its developer partner community”.
Phil Saunders, CEO of Relativity, highlighted the significance of the initiative amid a rapidly evolving technology landscape, stressing the importance of supporting legal tech communities that are reshaping the profession.
“An extensible, partner-rich platform has always been core to Relativity, and in this moment of AI transformation, it’s more critical than ever to back the legal tech community’s boldest ideas that further strengthen the trusted system of record and advance the system of action within RelativityOne,” Saunders said.
“We believe Relativity’s proven track record and extensive distribution are exceptional in our space, but our greatest strength is our incredible community. Together, we are combining ingenuity with scale to deliver solutions that elevate the practice of law and define the future of our industry.”
Rel Labs isn’t just designed for companies already well into their journey – the initiative aims to support legal technology businesses at every stage, from early-stage entrepreneurs to established software vendors developing enterprise-ready solutions.
However, Relativity noted that “priority” will be given to projects that help its “customers and partners tackle the latest challenges in legal data intelligence”.
The legal technology company has spent years building a broad ecosystem of closely connected partners, and it is committed to continuing this effort.
Relativity stated it “plans to invest more than $170 million in research and development in 2025” and will continue to “foster a robust ecosystem, backing innovations that shape the industry”.
