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Apex Trader Funding (ATF) - News

Hona Secures $9.5M Series A to Tackle The Legal Industry's Client Communication Challenges

LEHI, Utah, June 17, 2024 (GLOBE NEWSWIRE) -- Hona, the leading innovator in client engagement software for law firms, announced today that it raised $9.5 million in a Series A funding round led by Costanoa Ventures with participation from Ludlow Ventures, Soma Capital and Y Combinator. Hona modernizes communication between law firms across personal injury, immigration, criminal defense and bankruptcy practices and their clients by automating manual client communication and data collection. The funds enable Hona to further enhance platform capabilities and expand its customer base. Lack of communication is among the top disciplinary complaints filed against attorneys in the U.S. The legal process is complicated and lengthy with significant gaps between case milestones that can leave clients frustrated and unsure about next steps. Nearly half of the negative reviews on Google for law firms explicitly mention poor communication. Hona addresses the inefficiencies and communication gaps with a suite of tools designed to streamline communication, including a step-by-step visual case tracking system. By automating updates, data collection and client communication, Hona empowers law firms to increase client ...