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Rocket Matter

Can a legal-vertical practice management platform own the entire billing-to-payment workflow for small and mid-size law firms with embedded, trust-account-compliant payments?

Founded2007
HQBoca Raton, FL, United States
Latest roundAcquired by ProfitSolv
IndustryVertical SaaS / Legal
The story

Founded 2007 in Boca Raton as one of the first cloud-based legal practice management platforms for solo and small law firms. Expanded from time-and-billing into a full suite including trust accounting, document automation, CRM, and payments (Rocket Matter Pay). Acquired by ProfitSolv, a professional-services software holding company, and now operates as one of several legal tech brands under that portfolio.

Last 12 months
Product timeline
2007
Wrote first lines of code for online legal practice management software· founding
2008
Publicly launched Rocket Matter, the first online legal billing and practice management SaaS· launch
2023
Launched ChatGPT integration for legal workflow automation· product
2023
Acquired by ProfitSolv (part of larger professional-services SaaS roll-up)· acquisition
The stack
2 layers disclosed in Rocket Matter’s embedded-finance stack
Payments / PSP
Rocket Matter Pay (self-operated)
Accounting
in the full report
Accounting gap: minor
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.