About
We built the case equity market.
ClaimAngel exists because the old way of funding plaintiffs was built not to be read. We rebuilt it as a market with one published price, and put our name on it.
The problem we started with
A person with a strong case and an empty bank account has one real problem: time. Rent is due monthly. Settlements are not. The industry that grew up in that gap was built on greed: extremely high rates, 3% to 8% a month, compounding with no ceiling, run through a slow, manual, inefficient process, and the real number hidden until the plaintiff was too deep to walk away.
The result was predictable. People with winning cases took the first lowball offer because they could not afford to wait, or won and watched the funding eat the recovery. Attorneys learned to distrust the whole category, and they were right to.
We did not think the idea was broken. Money against the value of a real case is a fair product. The pricing was broken, because nobody had built the infrastructure that could make one honest price work at scale. So we built it.
What we built instead
- 27.8%
- One set simple rate, published
- 2x
- Hard cap, month 46 at the latest
- 25+
- Vetted funders competing
- 40
- States with active funders
ClaimAngel is not a lender and not a funder. We built the marketplace the funders work on: one set rate, one standardized contract, and the technology that lets 25+ vetted funding companies compete for a case on speed instead of price.
The platform does the work a traditional funder pays whole teams for: finding cases, servicing them, moving money, processing repayment. The overhead funders no longer carry is the distance between the industry's 40-200%+ and 27.8%, and it lands with the plaintiff.
The founders
Jeremy Alters
CEO and Founder, ClaimAngel.
Jeremy learned about ethics the hard way. After winning a four-year bar case and being found to have suffered enough by a judge, he was still disbarred by the state Supreme Court over firm mismanagement, trust account violations, and oversights. He founded ClaimAngel to help lawyers avoid the ethical pitfalls that run throughout the funding space.
We put that on our about page on purpose. A company asking an industry to publish its terms should not hide its own history.
Logan Alters
Co-Founder and Head of Growth, ClaimAngel.
Logan helped build ClaimAngel's operations, sales, and technology from the ground up.
“ClaimAngel is the Charles Schwab of client funding. It’s the only company we use because it’s the only company where our clients always win.”
John MorganAmerica’s largest injury law firm
What we believe
The price is public. 27.8% simple, billed quarterly, capped at 2x, on every page of this site before we ask your name. An industry that hides its price is telling you what the price is.
Non-recourse is not fine print. It is the product. Lose the case, keep the money, owe nothing. Every product decision starts from that sentence.
A contract written to be read does not fear being read. One standardized agreement across every funder on the marketplace. If a term needs legalese to survive, it does not ship.
Check us
An about page is claims. These are the receipts, dated: