US Capital Global Securities launches $9 million capital
San Francisco, California, U.S., June 08, 2022 (GLOBE NEWSWIRE) — US Capital Global Securities LLC, an affiliate of US Capital, is offering eligible investors an opportunity to invest up to $9 million in capital in myLawyer Network (“myLawyer”). myLawyer is a secure, ad-free, California-based online platform that provides premium tools and services for attorneys. The company’s primary goal is to develop and expand a secure and robust global ecosystem for attorney and client collaboration by leveraging innovative technology.
US Capital is a full-service private finance group with a proven track record in investment banking, asset management and capital formation. The company offers sophisticated debt, equity and investment products to corporate and lower-middle market investors. All securities are offered by the group through its member FINRA, SEC-registered affiliate broker, US Capital Global Securities LLC.
myLawyer’s proprietary platform ensures that all communications are completely secure with the company’s top-of-the-line double encryption system, which includes secure access to video conferencing, messaging, organizational tools and storage in cloud. myLawyer is also developing a first-class document authentication and protection system with a provisional patent filing in place. Based on market research, this innovative invention should revolutionize the practice of law. The platform, which prides itself on its total ban on advertising, generates revenue through its range of subscription services, starting with a basic free membership that offers optional paid add-ons.
“Lawyers are increasingly recognizing the benefits and the need for innovation in legal technology,” said Ronald DeKoven, founder and CEO of myLawyer and its subsidiary, myBarrister. “In addition, there are now many more lawyers working from home than ever before. Our sleek and efficient networking platform was designed with these societal changes in mind, and its global relevance and scalability was proven when we rolled out overseas in 2019. In just 10 months after launch from the platform in India, we have gained a million lawyers and clients. Our vision of a global network of lawyers is potentially game-changing, with collaboration between lawyers driving value while promoting access to justice.
“We are very pleased to work with myLawyer on this $9 million equity financing,” said Charles Towle, CEO of US Capital Global Securities. “LegalTech is a booming industry worth over $1 trillion, with over 10 million lawyers worldwide and 1.3 million lawyers in the United States alone. The industry is experiencing incredible growth, with adoption levels soaring since the start of the pandemic. myLawyer is seeking growth capital to increase sales and distribution while continuing to develop and expand its platform, with new subsidiaries such as myLawyer Marketplace and myLawFirm. If you are interested in myLawyer, the opportunity to participate in this $9 million equity financing is now open to eligible investors.
About the myLawyer Network
Built by lawyers for lawyers, myLawyer is a California-based online ecosystem designed to provide premium tools and services for lawyers. Operating at the intersection of law and technology, the subscription-based and ad-free platform provides 100% secure communication through its high-end double encryption system, offering video conferencing, messaging, organizational tools and cloud storage. The company has a number of legal networking subsidiaries, including myBarrister, myLawyer Marketplace and myLawFirm. www.mylawyernetwork.com
About U.S. Capital
US Capital Global Securities LLC (USCGS) is the FINRA member broker-dealer division of US Capital that acts as a placement agent for growth-stage companies, projects and investment funds. Since 1998, US Capital has been committed to providing lower middle market companies and investors with sophisticated debt, equity and investment opportunities generally available only to large middle market companies and institutional investors, using the latest FinTech and RegTech innovations. US Capital entities manage direct investment funds and provide wealth management and capital raising services. USCGS or its affiliates may provide advice, be compensated by, may have other business dealings with, or may from time to time acquire, hold or sell a position in the securities of the issuers mentioned herein. Any such offer or solicitation will only be made pursuant to the Confidential Private Placement Memorandum. See the USCGS CRS form at www.uscapglobalsecurities.com/crs.html.
To learn more about US Capital Global Securities or this investment opportunity, email Frank Villarreal, Senior Vice President, at [email protected] or call +1 415-889-1047.