Chariot Raises $10M Series A to Help Consumers Pursue Claims Against Companies

Funding for Consumer Claims Platform

Chariot Claims announced it has raised $10 million in Series A funding. Silverton Partners led the round, with participation from Indicator Ventures, Lightbank, Neon Fund, ZVC, Rosecliff Ventures, Alumni Ventures, FJ Labs, Graph Ventures, and Vermilion Ventures. This investment brings Chariot's total funding to $15.7 million, following a $3.6 million seed round in April 2025 and an earlier pre-seed round.

Addressing Gaps in Consumer Legal Recourse

The New York-based startup was founded by Zim Hang, who identified challenges consumers face in seeking compensation from companies, particularly with mass arbitration. Mass arbitration allows individuals to pursue claims when company contracts prevent class actions. Chariot works with law firms to identify cases, find affected consumers, and gather necessary information to pursue compensation for alleged privacy violations, hidden fees, and hard-to-cancel subscriptions.

Operational Model and Growth

Chariot's process involves consumers completing an intake questionnaire for preliminary eligibility. The company's team then reviews these claims using technology and human oversight before forwarding them to partner law firms. Chariot receives over 200,000 claim submissions monthly and has taken on approximately 80 cases since adopting its current business model over a year ago. The company currently has about 15 employees and is breaking even.

Future Plans and Market Context

The new funding will primarily be allocated to hiring and product development, including the integration of AI tools to review cases and determine consumer eligibility. Chariot's funding round occurs amidst increased investment in legal tech; the sector saw $4.6 billion invested last year, and over $3 billion has been invested so far this year.