Oliver
Oliver makes collections litigation more efficient, compliant, effective, and humane.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
N/A | Seed | ||
| Total Funding | 000k | ||
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Oliver Technology Corporation provides a specialized, cloud-based software-as-a-service platform tailored for the collections litigation market. Founded in 2015 and based in Washington, D.C., the company targets creditors, enabling them to manage and streamline the entire debt recovery process. The business generates revenue through a combination of its SaaS platform and managed services, which were integrated following the strategic acquisition of Lawgix Services, a provider of managed services for collections litigation. This acquisition created a comprehensive, end-to-end solution for the default management industry.
The platform is designed to consolidate data collection, orchestrate team collaboration, and accelerate litigation strategies. A key feature is the embedded and automated compliance management system, which incorporates federal, state, and local laws and procedures directly into the workflow to ensure adherence to regulations. This helps users increase revenue while maintaining rigorous compliance and simplifying the complexities of litigation. The company's CEO is Walker White, who continued in his role after the acquisition of Lawgix Services, where its former CEO, John Ritter, assumed the role of President. The company has received funding from investors including Wells Fargo Startup Accelerator and Sandusky Ventures.
The debt collection software market is experiencing significant growth, with a global market size valued at approximately $4.8 billion in 2024 and projected to expand. North America holds the largest market share, driven by complex regulatory environments that necessitate advanced management solutions. Oliver operates within this expanding market, offering a tool designed to make the collections process more efficient, cost-effective, and fair for all parties involved, including consumers.
Keywords: collections litigation software, debt recovery platform, legal servicing automation, compliance management software, creditor solutions, default management technology, legal tech, FinTech, SaaS, accounts receivable management, legal workflow automation, automated compliance, litigation strategy, data consolidation, team orchestration, Washington D.C. tech, Walker White, John Ritter, Lawgix Services, Wells Fargo Startup Accelerator, Sandusky Ventures.