Presolv360 raises $4.7 million from Elevation Capital, others

Online dispute resolution (ODR) platform Presolv360 has secured $4.7 million in its Series A funding round led by Elevation Capital.

The round also saw participation from existing investor MGA Ventures and several angels.

Before this round, the company had already secured over $1 million in funding from angel investors and MGA Ventures.

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The startup plans to use the new funding to expand into other forms of dispute resolution and enhance its legal-tech infrastructure.

“What we intend to do with these funds is to accelerate market expansion. We currently do arbitration and mediation; we want to replicate these systems for other dispute workflows as well,” Bhaven Tarunkumar Shah, cofounder of Presolv360.

“Dispute resolution is a large and underpenetrated market that is ripe for technology-led disruption… We are excited to join the company in this phase as we continue to grow our core markets, while deepening our offerings across various adjacent workflows,” said Vaas Bhaskar, Partner, Elevation Capital.

About Presolv360 

Founded in 2017 by Aman Kailash Sanghavi, Bhaven Tarunkumar Shah and Namita Vijay Shah, PreSolv is an online dispute resolution platform that uses technology to help clients resolve conflicts through mediation, arbitration, and other ADR methods.

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According to its website, services include negotiation, mediation, and arbitration. Its advisory council features former Chief Justice of India UU Lalit, Justice BN Srikrishna (Retd.), and Justice K Kannan (Retd.), among others.

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