FundedIQ
Financial Services

Precedent: Funding, Investors & Team (Oct 2026)

Precedent helps to improve communication between attorneys and insurance carriers. Its cutting-edge technology in Artificial Intelligence (AI), Machine Learning (ML), and Large Language Models (LLM) provides carriers with the tools they need to manage their attorney-represented damage claims methodically.

www.precedent.com Charlotte, United States 11-50 employees
Insurance InsurTech
Total raised
$9.0M
Rounds
1
Latest
Seed
Jun 2023

Precedent has raised $9.0M across 1 funding round on record, the most recent a Seed of $9.0M announced in Jun 2023.

That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Precedent Company Profile and Key Stats

Total funding raised
$9.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$9.0M in Jun 2023
Employees
11-50
reported band
Headquarters
Charlotte, United States

Latest funding round on record: Jun 2023.

Precedent Funding Rounds

Date
Round
Amount
Seed
$9.0M

Precedent Founders and Leadership Team

Name
Role
Contact
Rob Dewald
Founder
—

No contact details are on record for this team yet.

Precedent Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
30,234
$7.6M
17,054
$3.1M

Precedent's latest round of $9.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Precedent in Financial Services and Charlotte

Companies Similar to Precedent

Precedent Funding FAQs

What does Precedent do?

Precedent helps to improve communication between attorneys and insurance carriers. Its cutting-edge technology in Artificial Intelligence (AI), Machine Learning (ML), and Large Language Models (LLM) provides carriers with the tools they need to manage their attorney-represented damage claims methodically.

How much funding has Precedent raised?

Precedent has raised $9.0M across 1 round on record. The most recent is a Seed of $9.0M announced in Jun 2023.

When did Precedent last raise funding?

Precedent's most recent funding round on record is a Seed of $9.0M, announced in Jun 2023.

Who founded Precedent?

FundedIQ lists Rob Dewald (Founder) at Precedent.

Where is Precedent headquartered?

Precedent is based in Charlotte, North Carolina, United States.

How many employees does Precedent have?

Precedent is in the 11-50 employee band.

How does Precedent's funding compare to other Financial Services startups?

Precedent's latest round of $9.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.

About FundedIQ's Precedent Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Precedent is left off this page rather than filled in.

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