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SPONSORED POST: Segue Cloud Services Multi-Funding Case Study

SPONSORED POST: Segue Cloud Services Multi-Funding Case Study

The Following sponsored post was contributed by Segue Cloud Services. The Challenge Multi Funding USA is a pre-settlement finance provider that serves attorneys and their plaintiffs. The company has been serving clients for nearly a decade, providing millions of dollars in financial support in jurisdictions like New York, New Jersey, Connecticut, Vermont, Texas, California, Florida, and Washington. Through its pre-settlement funding services, plaintiffs can access much needed funds during the often lengthy settlement process as they wait for their cases to be resolved. When a case concludes in favor of the plaintiff, Multi Funding recoups its investment at a preferred rate of return. Managing the pre-settlement finance process can be labor-intensive, complex, and expensive. It involves an array of ongoing administrative tasks, from initial case intake, to underwriting and approvals, to managing contracts and case documents, to the regular tracking of case developments. And all key stakeholders need to be apprised of each occurrence as it unfolds. Like most providers, Multi Funding had relied on staff members to manage all the workflows and processes associated with pre-settlement funding. This meant manually inputting all case data into spreadsheets, completing forms, generating documents and reports, and notifying the parties involved whenever a milestone or change in dispensation occurred. And when a change occurs—as is usually the case—much of the entire process has to be repeated. As a result, Multi Funding’s team devoted countless hours to updating records and changing data, causing added expense and creating the potential for unnecessary errors in the process. “The amount of time and work required to usher a pre-settlement funding case from intake to settlement can be overwhelming. It can often take four days just to manually underwrite a funding application,” said Alex Reyes, customer service specialist, of Multi Funding. “Every time we have to manually change or update information, it can result in delays and increases the potential for human error, which can quickly steamroll into problems for our clients.” As Multi-Funding handled more funding requests, it recognized that it required a more efficient way to track, manage, and organize the painstaking pre-settlement process. The Solution After doing some research on potential technology providers, Multi Funding contacted Segue Cloud Solutions, an innovative software company that developed a technology platform specifically for the pre-settlement process. The solution to enables legal finance providers to enhance productivity, streamline daily workflows, reduce costs, and speed time-to-market. Multi Funding consulted with Jack Closs, project supervisor at Segue. “When we spoke with Multi Funding’s administrators, it was clear that our solution could deliver a range of efficiencies to expedite their existing processes, diminish their labor requirements, and drastically reduce the potential for human error,” said Closs. “Their spreadsheets were cumbersome and prohibitive, making it difficult for staff members to retrieve the case information they needed at any given moment. Our automation software would allow them to easily track and access everything from settlement milestones, to interim pay-off amounts, to correspondence with funding sources and changes in case dispensation, all from a single, intuitive interface.” Segue’s secure, robust platform automatically retrieves data to populate online forms and other documentation, generating material specific to each individual client according to established rules and permissions. The software automatically notifies staff, attorneys, paralegals, and clients of changes in status at various stages of a case. It organizes and centralizes all contact information, pay-off details, and case data, and generates documents such as contracts, letters, and reports with a click of a mouse. The solution is built on the industry-leading Salesforce CRM platform, making it easy to deploy in Multi Funding’s existing environment. In addition, the platform’s document generation capabilities are powered by Conga, a major provider of digital document management. The Outcome Multi Funding USA has processed thousands of loans through the platform. Through this solution, they’ve been able to increase productivity by some 15 percent, while mitigating costly mistakes. In addition, the solution has reduced the firm’s cost of operations, decreasing labor requirements and helping to speed more cases through their paces—without having to add personnel or extraneous infrastructure. And since Multi Funding accesses Segue’s technology through a cost-effective subscription with no per-transaction fees, return on investment is swift and considerable. “In a complicated environment like ours, Segue provides a much more efficient solution compared to manual administration. Underwriting processes that once took hours or days can now be turned over in about eight minutes,” confirmed Reyes. “Before we used Segue, we’d frequently tell clients we’d have a contract to them by the next week. Now we can produce all the documentation in less than an hour.” When asked about the value of the Segue pre-settlement funding solution, Multi Funding says it transcends traditional cost and organizational savings. “The ability to have an extensive range of automatically updated case information readily accessible throughout the pre-settlement process is a huge advantage,” concluded Reyes. “It creates an instant competitive edge for our firm by enabling us to provide fast and efficient service to our clients.”

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Chariot Claims Raises $10M Series A to Scale Mass Consumer Arbitration Claims

Chariot Claims has closed a $10 million Series A round to expand a platform that sources and pre-qualifies consumer claims for mass arbitration, bringing total funding to $15.7 million.

As reported by LawNext, the round was led by Silverton Partners, with general partner Mike Dodd participating, alongside Indicator Ventures, Lightbank, Neon Fund, ZVC, Rosecliff, Alumni Ventures, FJ Labs, Graph Ventures and Vermilion. The company previously raised a $3.6 million seed round led by Indicator Ventures in April 2025.

Founded in 2023 as ClaimClam and rebranded in 2025, the company is led by chief executive Zim Hang. It generates more than 200,000 pre-qualified claims a month across roughly 80 active corporate cases. Chariot Claims is not a law firm.

The business is built on a participation gap. Only about 4% of harmed consumers file claims, and the company reports that its users recover an average of roughly $460, compared with the $32 average identified in a Consumer Financial Protection Bureau analysis of class action distributions.

Proceeds will fund investment in artificial intelligence and expansion into children's data privacy, financial privacy and healthcare privacy claims, as well as defences against corporate retaliation. The company has more than doubled its headcount.

The raise reflects continued investor appetite for claim aggregation infrastructure, which sits adjacent to litigation finance and increasingly competes with it for the same consumer-facing claim volume.

Rugby Concussion Litigation Survives Collapse After Funder Covers £1.5m Costs Order

The long-running rugby concussion group litigation has been pulled back from collapse after an eleventh-hour £1.5m payment satisfied a court-ordered costs liability owed to World Rugby and the Rugby Football Union.

As reported by Yahoo Sports, commercial litigation funder Asertis remained in place after the claimants changed law firms, meaning the costs order could be met. Had the payment not been made, the claims of roughly 1,000 former players would have been at risk.

The payment follows a reprieve granted in August, when Senior Master Jeremy Cook handed down a 13,500-word judgment granting relief from sanction in principle after Richard Boardman's Rylands Garth was replaced by KP Law. The claims of Phil Vickery and Steve Thompson had previously been ruled strike-out-worthy. Defendants had sought more than £2.8m in total, with Rugby Union costs assessed at £2.5m across World Rugby, the RFU and the WRU, and 60% ordered on an interim basis.

The litigation is not out of danger. Some 377 claimants still face automatic dismissal unless medical records are provided by the end of the month.

The episode is a clear illustration of a funder's role beyond case capital. Where a claimant group incurs an adverse costs order mid-proceeding, the funder's willingness to stand behind it determines whether the litigation continues at all. Asertis's decision to remain committed through a change of solicitor preserved a case begun in 2022.

UFC Fighters Resist Discovery Into Who Is Funding Their Wage-Fixing Case

Mixed martial arts fighters suing the UFC over alleged wage suppression are pushing back against the organisation's effort to obtain information about the litigation funding behind their case, characterising the request as a distraction from the merits of the antitrust claims.

As reported by Law360, the fighters' opposition follows the UFC's move earlier this month to press a Nevada federal judge to pull back the curtain on who is financing the proceedings. The dispute arises in Johnson et al v. Zuffa, LLC et al, No. 2:21-cv-01189, in the U.S. District Court for the District of Nevada. The October 15 report was written by Alex Lawson.

The case was filed in June 2021 by Kajan Johnson and C.B. Dollaway against Zuffa and Endeavor Group Holdings, and covers fighters competing from 2017 onward. It is the successor to Le v. Zuffa, which settled for $375 million covering bouts between December 2010 and June 2017 and received final approval from Judge Richard F. Boulware in February 2025 without any accompanying changes to the UFC's business practices.

Funding discovery has become a standard defence tactic in large antitrust and class proceedings, and the fighters' objection tracks arguments made by claimants elsewhere: that the identity of a funder is irrelevant to liability. The case has already generated other discovery friction, including a sanctions motion in February over alleged evidence destruction.