Litigation Finance
LexShares
LexShares was the first retail litigation finance platform: $125M raised, 140+ cases funded, and a marketed 47% median IRR that made the asset class look extraordinary. A decade later, the platform is in harvest mode and Fund I is tracking roughly 4% net IRR on resolved cases. The investment opportunity is gone. The lesson is still live.
Platform Identity
- Website
- lexshares.com
- Headquarters
- Boston, MA, US
- Founded
- 2014
- Platform type
- Commercial Litigation Finance Platform
- Eligibility
- accredited only
AltStreet Coverage
- Review status
- Published
- Coverage type
- Investment platform
- Review date
- May 6, 2026
- Last updated
- May 6, 2026
Key Data Points
- EDGAR entities
- 4
- Form D raised
- $83.16M
- Investors disclosed
- 300
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