{"id":146827,"date":"2026-03-23T05:19:26","date_gmt":"2026-03-23T13:19:26","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/03\/23\/data-intelligence-company-relativity-confidentially-files-for-ipo-would-be-first-in-legal-tech-since-2021\/"},"modified":"2026-03-23T05:19:26","modified_gmt":"2026-03-23T13:19:26","slug":"data-intelligence-company-relativity-confidentially-files-for-ipo-would-be-first-in-legal-tech-since-2021","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/03\/23\/data-intelligence-company-relativity-confidentially-files-for-ipo-would-be-first-in-legal-tech-since-2021\/","title":{"rendered":"Data Intelligence Company Relativity Confidentially Files for IPO; Would Be First In Legal Tech Since 2021"},"content":{"rendered":"<p>The legal data intelligence company Relativity says it has confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The filing is not yet available to the public, and the number of shares to be offered and the price range [\u2026]<\/p>\n<p>The legal data intelligence company <a href=\"https:\/\/relativity.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Relativity<\/a> says it has confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A common stock.<\/p>\n<p>The filing is not yet available to the public, and the number of shares to be offered and the price range for the proposed offering have not yet been determined.<\/p>\n<p>No legal technology company has completed an IPO since 2021. That year, three legal tech companies held IPOs: e-discovery company DISCO on July 21, business software company Intapp on June 30, and legal help provider LegalZoom also on June 30.<\/p>\n<p>Since then, legal tech has seen heavy late\u2011stage funding, such as Clio\u2019s $500M Series G last year, and active M&amp;As, rather than IPO exits.<\/p>\n<p>On March 9, Relativity announced a new brand identity that expanded from its roots as an e-discovery company to what it now calls a legal data intelligence company.<\/p>\n<p>\u201cWith non-litigation matters now accounting for more than 55 percent of the data coming into RelativityOne,\u201d the company said, \u201cthis category more accurately reflects how Relativity\u2019s\u00a0community is using the platform beyond traditional e-discovery.\u201d<\/p>\n<p>In 2021, a strategic growth investment from\u00a0<a href=\"https:\/\/www.silverlake.com\/?v=2\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.silverlake.com\/?v%3D2&amp;source=gmail&amp;ust=1616188997389000&amp;usg=AFQjCNERIg-YQaRrf5Fa0V_fX7KboiOikA\">Silver Lake<\/a>, one of the world\u2019s largest private equity technology investors, <a href=\"https:\/\/www.lawnext.com\/2021\/03\/investment-in-relativity-puts-the-e-discovery-companys-valuation-at-reported-3-6-billion.html\" rel=\"nofollow noopener\" target=\"_blank\">valued Relativity at $3.5 billion<\/a>.\u00a0<\/p>\n<p>The proposed IPO is subject to the completion of the SEC review process, as well as market and other conditions, Relativity said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The legal data intelligence company Relativity says it has confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The filing is not yet available to the public, and the number of shares to be offered and the price range [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":146828,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-146827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawsite"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2026\/03\/Relativity-New-Logo-1024x576-Vxnt2s.png?fit=1024%2C576&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/146827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=146827"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/146827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/146828"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=146827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=146827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=146827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}