Chariot Claims, a legal tech company that matches consumers to mass arbitration and class action cases and pairs them with law firms, has raised $10 million in Series A funding, it announced Thursday.
Silverton Partners led the round, with General Partner Mike Dodd taking the lead. Indicator Ventures, Lightbank, Neon Fund, ZVC, Rosecliff Venture Partners, Alumni Ventures, FJ Labs, Graph Ventures, Vermilion Ventures and a group of angel investors also participated.
The round brings the company’s total funding to $15.7 million, which includes a $3.6 million seed round led by Indicator Ventures in April 2025 and an earlier pre-seed round.
Founded in 2023 as ClaimClam and rebranded as Chariot Claims in 2025, the company says it now processes more than 200,000 pre-qualified consumer claims a month, most of them in mass arbitration cases against Fortune 500 companies.
It says it has more than doubled its team this year, hiring from AI labs and from Rocket Money, Rippling and Twitch.
Pursuing Mass Arbitrations
According to Chariot, there is a huge gap in justice for consumers harmed by privacy violations, hidden fees, false advertising and similar misconduct, of whom only 4% ever file a claim. That gap, the company argues, makes breaking the law cheaper than compliance for large companies.
Rather than fold consumers into a single class action, Chariot pursues mass actions and mass arbitration, in which thousands of individually represented claimants proceed in parallel.
The reason for this approach is that many companies’ consumer contracts bar class actions but require individual arbitration. Mass arbitration turns that requirement back on the company, Chariot says.
It estimates its consumers recover an average of $460 per claim, in contrast to the $32 average it attributes to a CFPB analysis of class action settlements.
Chariot’s AI-driven platform identifies patterns of potential misconduct, matches consumers to cases where they may have been affected, lets them qualify in minutes and coordinates their individual claims with partner law firms. It manages every step of the process, from claim discovery through payout.
Co-founder and CEO Zim Hang told Crunchbase News that the idea grew out of helping another founder build an app that collected information about class action settlements. He saw how hard it was for consumers to pursue compensation, discovered mass arbitration as an alternative and realized that few law firms were equipped to manage thousands of individual claims at once.
Partnering with Law Firms
According to the company’s website, it partners with top plaintiffs’ law firms and connects them with verified claimants. The site says it:
- Verifies claimant acquisition by identifying qualified claimants and covering all acquisition costs upfront.
- Manages evidence by collecting and organizing all necessary documentation.
- Streamlines payouts by managing the mass payouts in a compliant and efficient way.
A page with more information on how firms can participate is here.
Where the Money Will Go
Chariot says it will use the capital to invest further in its AI, scale operations and, in its words, arm itself against retaliation from large corporations. A little over a year after pivoting to mass actions, the company says it has received multiple threats of litigation from defendants in cases it supports, which it reads as a sign the model is working.
According to the Crunchbase News article, companies have sent cease-and-desist letters regarding Chariot’s use of company names and trademarks in its ads.
“We raised this round to take on the Goliath megacorps,” Hang said in the announcement. “They’re already using bullying tactics and financial leverage to threaten us and quiet the legal process.” He said the funding will also go toward consumer privacy rights, education and what the company calls protective legislation.
The company points to California’s Senate Bill 690, which restricts private lawsuits under the California Invasion of Privacy Act, as an example of what consumers are up against. Although the bill was framed as protecting small businesses from abusive lawsuits, it says that Big Tech seized on it to weaken consumer protections. Most consumers never hear about such fights and fewer still have the resources to push back, the company says.
On the product side, Hang told Law.com that Chariot plans to expand its data privacy claim coverage to children’s data, financial data and sensitive health care data.
He said the company wants to build integrations that find claims for consumers automatically, based on data sources they choose to share, so they fill out fewer forms and claims arrive verified with proof of purchase or, for data breaches, a breach notice.
Hang is a three-time founder whose previous companies spanned health tech, fintech and legal tech. Chariot says its team and partners include a litigator with more than 30 years of experience.
“Chariot has built the technology to make individual consumer claims work at scale, and the team to operate it in a category where execution is genuinely hard,” Dodd of Silverton Partners said in the announcement.