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Flo Recruit Announces Series A Funding to Expand Legal Recruiting Ecosystem

Flo Recruit Announces Series A Funding to Expand Legal Recruiting Ecosystem

May 28, 2025 Craig Etkin

Austin-based startup connects legal talent, law schools, and law firms to support market transparency in an evolving recruitment landscape.

AUSTIN, Texas–(BUSINESS WIRE)–Flo Recruit, a connected suite of legal talent software, announced that it has closed a Series A round led by LiveOak Ventures and Moneta Ventures with participation from The LegalTech Fund, Y Combinator, and Teamworthy Ventures. Flo Recruit intends to use the funds to expand its career services solutions for law schools and talent solutions for law firm entry-level, lateral associate, and partner hiring.

Earlier entry-level recruitment has pressured law students, schools, and firms alike to adapt.Share

“Flo Recruit’s clients are seeking transparency as recruitment channels expand beyond traditional campus programs and reliance on agencies,” said Katherine Allen, Co-Founder and CEO. “Flo has a unique ability to solve this problem because we partner with all sides of the talent market. That brings powerful connections and data insight.”

Flo Recruit platform data shows law student interview timelines shifting year over year, with a 665% volume increase in April 2025 compared to April 2024. Earlier entry-level recruitment has pressured law students, schools, and firms alike to adapt – prompting the launch of Flo Forward, a legal career platform centralizing 103 firm profiles, 1,135 networking opportunities, and 818 job listings to date. The market also anticipates increased lateral movement among junior associates, driven by faster decision-making early in their careers.

“It’s exciting to work with a team that knows there’s always the ability to change and to meet the needs of a challenging environment,” said Nancy Parker, Director of Attorney Recruitment at Fried Frank. “In a very uncertain world, the Flo team is certain. They’re dedicated to the success of both the firm and the candidates.”

Today, over 125 law firms — including nearly 70% of the AmLaw 100 — use Flo Recruit to find and hire legal talent. More than 100 law schools and consortiums, including 85% of the top 50 ranked schools, run campus programs on Flo Recruit and help bring Flo Forward to life, resulting in over 25,000 student users to date.

About Flo Recruit: Flo is where top legal talent navigate their careers. Our applicant tracking system (ATS), pipeline building, and career services solutions equip clients to excel in modern legal recruiting, from summer associate to partner.

Contacts

Hannah Kelly
Flo Recruit
(817) 991.6031
hannah@florecruit.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Austin, Business Wire, Flo Recruit, Texas, Venture Capital

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A growing Central Texas suburb will soon be the home of a new, massive tourist destination. Cedar Park, a city in Williamson County about 20 miles north of Austin, is getting a $95 million Marriott Hotel and Convention Center. The Cedar Park Marriott Hotel and Convention Center will be a new construction at 2155 Cedarview Drive, in Cedar Park. This landmark development will include a cutting-edge hotel with approximately 300 guest rooms, 30,000 square feet of event and meeting space, a full-service restaurant, a breakfast café, and an expansive pool area. Poised to become a focal point of Cedarview, this project will serve as a premier destination for both business and leisure travelers.

Construction on the new hotel and convention center began this May and is expected to end by February 2027. Cedar Park Marriott will be a 210,965-square-foot hotel with seven stories and 297 guest rooms connected to a 50,797-square-foot conference center. There will also be a 120,445-square-foot, three-story parking garage connected to the hotel to fit 320 slots. The project's entire construction site will cover 382,207 square feet.

Project developer Great Lakes Capital said that the hotel will also have "a full-service restaurant, a breakfast café, and an expansive pool area." This new Marriott will become one of Cedar Park’s only full-service hotels, meaning it can accommodate guests seeking on-site dining, recreation and concierge services. Great Lakes Capital is a real estate development and private equity firm uniquely positioned to add value to real estate investments through development, redevelopment and opportunistic investment across the real estate spectrum and throughout the capital structure. Headquartered in South Bend, Indiana, with over $1 billion in assets under management or development, GLC concentrates on several core asset classes, including mixed-use, multifamily, industrial, medical office and other similar conforming product types. As a market leader in new development, GLC actively addresses the needs of tenant partners in addition to speculative development meeting needs the market has not yet reacted to. Luminaut in Cincinnati is listed as the design firm on the project.
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Acrisure has announced it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital. Funds from the round will be used to refinance a portion of its existing non-convertible preferred stock, pursue strategic accretive M&A and accelerate its development as a tech-enabled financial services platform, advancing its strategy to become the preeminent fintech solutions provider for millions of small- and medium-sized businesses domestically and abroad. The investors involved in the transaction include Bain Capital Special Situations, Fidelity Management & Research Company, Apollo Funds, Gallatin Point Capital, BDT & MSD Partners, and a consortium of other investors. No existing investor exited as part of this transaction. BDT & MSD remains the largest minority shareholder in Acrisure through affiliated funds.

In a statement Greg Williams, Chairman, CEO and Co-founder of Acrisure said, “This transaction represents a significant milestone and serves as proof that our vision for Acrisure’s scaled platform has become a reality.” “Our evolution from an insurance brokerage into an AI- and technology-powered global financial services provider has opened the door to massive opportunity. I see limitless potential for how far Acrisure can go, and we’re extremely grateful for the financial support and validation from our investors.”

Going forward, Acrisure will continue to expand its footprint and product offerings through strategic, accretive M&A, fully integrating the platform created through its previous 900 acquisitions, and driving organic growth with its robust suite of tailored offerings, which now includes real estate services, cybersecurity tools, payroll and payment processing, and retirement and wealth solutions. Acrisure’s unprecedented growth has driven the company’s valuation to $32 Billion, marking a nearly 40% increase since its last institutional capital raise just three years ago. A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, it connects clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, real estate services – and beyond. In the last eleven years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in 23 countries.
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RevenueCat, the leading platform for managing consumer app monetization, has announced it has raised a $50 million Series C round led by Bain Capital Ventures (BCV). Returning investors Index Ventures, Y Combinator, Adjacent, Volo Ventures and SaaStr Fund also participated. This adds to the prior $12 million Series C that was raised last year, bringing the total raised to $100 million to date. Building a robust monetization stack can be notoriously challenging. For developers, code can be hard to write, time-consuming to maintain and full of edge cases. For product and marketing teams, having a full view of business performance is hard to find and adjust in one place. RevenueCat enables engineers to build features simply, plus provides analytics, integrations and tools to grow. Product and marketing teams can obtain deep customer analytics to make data-driven decisions and grow revenue, with tools to manage pricing, customers and experiments. In turn, consumers can easily pay anywhere and access their purchases from every device.

In a statement Jacob Eiting, CEO and co-founder of RevenueCat said, “Developers deserve a frictionless way to make money, and nobody has approached this with our level of focus” “We’re already assisting more annual app revenue than existed in the entire ecosystem when we started in 2017. The market has grown 10x, and I expect another 10x over the next decade. By staying radically focused on helping developers get paid, I believe we can build a generational public company.”

RevenueCat’s rapid product expansion means the company is well-posed to help apps navigate changes in consumer software monetization. Given the recent ruling that developers may now use non-in-app-purchases in the USA on iOS, there’s an opportunity to save significant money in platform fees by sending users to a web checkout page instead. In response to this major mobile monetization development, RevenueCat shipped its Web Paywall Button, giving developers a drop‑in way to A/B‑test external payments versus in‑app purchases while easily targeting eligible users. RevenueCat’s global, remote-first team now spans 18 countries and counts over 100 teammates. The company pays U.S. market salaries worldwide, attracting top talent regardless of location. With fresh capital in hand, RevenueCat plans to scale product development and make strategic hires to meet booming developer demand across AI, gaming, productivity and beyond.
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