SC Launch Inc. announces investment in Case Status
August 27, 2024South Carolina Research Authority’s investment affiliate, SC Launch Inc., has invested $250,000 in Case Status. The North Charleston-based company has developed client engagement software with a simple-to-use mobile app that helps attorneys better engage with their clients.
Case Status became an SCRA Member Company in 2023 and an SC Launch Inc. Portfolio Company with this investment.
“The team at Case Status thought of everything,” said SCRA Senior Investment Manager Derek Willis. “They’re becoming an industry leader that allows attorneys to provide everything to clients about their case in one app, including robust integrations with case management while streamlining workflow, increasing efficiency, and delivering better client results.”
“I’m glad we began partnering with SCRA early on. They’ve been supportive of our mission to radically transform the way law firms engage with their clients,” said Case Status CEO and Co-Founder Andy Seavers. “We can continue to scale and grow our staff with the funding they are providing.”
“Case Status recognized how cumbersome it was for attorneys to keep their clients up to date on their cases and created a solution. We support innovation that provides a better customer experience, so this is squarely within our mission,” said SC Launch Inc. Executive Director Matt Bell.
Case Status was recently named in the top 10% of fastest-growing companies on the prestigious Inc. 5000 list. Companies on the 2024 list are ranked according to the percentage of revenue growth from 2020-2023. They must be U.S.-based, for-profit, and independently held (not a subsidiary of a larger company).
About SC Launch Inc.
Established in 2006, SC Launch Inc. is the investment affiliate of the South Carolina Research Authority. The independent, nonprofit corporation provides convertible loans and investment funding to qualifying SCRA Member Companies. The returns on this funding provide additional coaching and grants to next-generation technology startups.
About SCRA
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority fuels the state’s innovation economy through the impact of its comprehensive services to technology-based startups, academia, and industry. SCRA provides funding and support to accelerate the growth of academic startups; high-quality lab and administrative workspaces; facilitation and funding for partnerships between and among industry, startups, and academic institutions; assistance and funding for the relocation of technology-based companies to South Carolina; and coaching and funding for startups that may also receive investments from its affiliate, SC Launch Inc.