Case Management
Claimangel
Litigation funding marketplace that connects plaintiff attorneys with 25+ competing pre-settlement funders at a standardized 27.8% simple annual rate (2x cap over 46 months). Claims 500+ law firms and 18,000+ fundings — neither figure independently verified. The law firm portal is free; revenue comes from marketplace facilitation. Founded by Jeremy Alters, who was disbarred in Florida in 2018 for misappropriation of client funds from his prior firm’s trust account. Alters openly discusses the disbarment and positions ClaimAngel as a transparency-first alternative to an industry known for opaque, predatory rates. The platform operates in the consumer/plaintiff funding space (PI, med mal, product liability, motor vehicle accidents) — it is not commercial litigation finance. Also offers medical funding/lien financing. No CMS integrations, no API documentation, no security certifications documented despite handling sensitive case and financial data. All public testimonials (including Morgan & Morgan) appear on vendor-controlled channels. Zero Reddit community presence. No G2 or Capterra reviews exist.
Company Info
- Founded: 2023
- Team size: 11-50 employees
- Funding: $1M
- HQ: United States
- Sector: Litigation Finance
What We Haven’t Verified
This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.
Workflows
Based on practitioner evidence, Claimangel is used in these workflows:
What practitioners struggle with
Real frustrations from legal professionals — the problems Claimangel addresses (or should address). Sourced from practitioner reviews, Reddit threads, and case studies.
PI client injured in a car accident can't work, bills are piling up, and they're about to accept a lowball $50K settlement offer because they can't afford to wait 18 months for the case to resolve properly — the attorney knows the case is worth $200K+ but the client's financial desperation is forcing a bad outcome for everyone
PI attorney needs to find pre-settlement funding for a client but the litigation funding industry is a wild west — every funder quotes different rates (some compound daily), fees are buried in fine print, and some funders wine-and-dine attorneys for exclusive referral relationships that may not serve the client's best interest — the attorney worries about referring their client to a predatory lender that will eat most of the settlement
Personal injury client needs money to pay medical bills while the case drags on for 18 months — the attorney knows litigation funding exists but every funder quotes different rates with compound interest, hidden fees, and terms the client can't understand, so the attorney avoids recommending any of them
Plaintiff attorney's client is about to accept a lowball settlement because they're broke and can't wait — the attorney believes the case is worth significantly more but the client needs cash now, and the attorney doesn't have a reliable funding source that won't exploit the client with predatory rates
PI firm's managing partner worries that recommending litigation funding to clients could trigger bar complaints under ABA Rule 1.8 — the firm needs a funding partner with clear compliance documentation so attorneys can recommend funding without risking their license
Where it fits in your workflow
Before Claimangel
Case intake → case viability assessment → client retention → client needs financial support during litigation
After Claimangel
Settlement negotiation (client can hold out longer) → case resolution → funding repayment from settlement proceeds
Integrations & hand-offs
Attorney identifies funding need → submits referral via law firm portal OR client applies directly → 25+ funders compete → client receives funds in 1-5 business days → repayment deducted from settlement
Also used by similar teams
Community Data
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