A former Capital One and Flagstar lending executive built a private equity shop in the Dallas suburbs around a simple idea: lawsuits are collateral, and collateral can be underwritten.
The Houston investment firm has built a business around assets most portfolios struggle to price - royalties under the ground, commercial claims in court, grid infrastructure and temporarily mispriced property. Its edge is less a single product than a repeatable habit: find complexity, underwrite it deeply and stay involved.
Mighty is a New York technology company using AI to help accident victims value and settle their personal injury claims without necessarily hiring a lawyer. Founded in 2015 by attorney-entrepreneur Joshua Schwadron, the company spent years building software and capital tools for the litigation-finance industry before pivoting to a free, direct-to-consumer AI platform that collects accident records, produces a 'Live Estimate' of a claim's value, and negotiates settlements with insurers - offering claimants a 'third option' between surrendering a third of their payout to a lawyer or negotiating alone.