AltaClaro Company Profile

Background

Overview

Founded in 2016, AltaClaro is a leading provider of interactive experiential legal training, headquartered in New York, NY. The company offers simulation-based courses designed to accelerate the practice-readiness of legal professionals. By integrating expert-curated learning materials with realistic client scenarios and expert-led instruction, AltaClaro addresses critical gaps in traditional legal education and professional development.

Mission and Vision

AltaClaro's mission is to empower legal professionals to become practice-ready more quickly through innovative, experiential learning solutions. The company envisions transforming legal education by providing scalable, effective training that enhances competency and retention.

Industry Significance

In an era where the legal industry faces rapid transformation due to technological advancements and changing client expectations, AltaClaro's platform offers a scalable solution for law firms to improve lawyer engagement and retention while reducing training and development costs.

Key Strategic Focus

Core Objectives

Accelerate the practice-readiness of legal professionals through experiential learning.

Provide scalable and adaptable training solutions for law firms and corporate legal departments.

Continuously update training programs to reflect the latest industry trends and client demands.

Areas of Specialization

AltaClaro offers over 60 courses across various practice areas, including:

Mergers & Acquisitions

Corporate Law

Capital Markets

Lending

Real Estate

Technology Transactions

Emerging Growth/Venture Transactions

Litigation

Legal Writing

Generative AI

Key Technologies Utilized

AI-supported, personalized feedback and assessment tools.

Data analytics for personalized learning paths and performance insights.

Primary Markets Targeted

Law firms of all sizes.

Corporate legal departments.

Law schools.

Financials and Funding

Funding History

In March 2022, AltaClaro raised $2.5 million in a seed funding round led by Bryce Catalyst, with participation from LearnStart and Orrick’s Legal Technology Fund.

Utilization of Capital

The funds were allocated to expand the company's course and platform offerings and to increase its global market share.

Technological Platform and Innovation

Proprietary Technologies

Simulation-based experiential learning platform integrating expert-curated materials with realistic client scenarios.

AI-supported, personalized feedback and assessment tools.

Significant Scientific Methods

Utilization of education science principles to enhance competency and retention.

Data analytics for personalized learning paths and performance insights.

Leadership Team

Key Executives

Abdi Shayesteh: CEO & Founder. Serial entrepreneur with over 15 years of experience as a corporate and banking attorney.

Jeremy Liles: Co-Founder, Chief Innovation Officer. Over 20 years leading product, engineering, and legal in early and growth-stage FinTech and EdTech companies.

Rick Rattray: Chief Operating Officer. Former SVP/GM at Kaplan Global Solutions and Barbri; EVP at ReliasLearning.

Patricia Libby: Executive Legal Editor. Over 15 years as a civil litigation attorney; 12 years as adjunct professor of legal writing and litigation skills at USC Law.

Laurel Webb: Senior Legal Editor. Over 7 years as a public finance attorney and financial professional.

Kristy Moawad: Senior Legal Editor. Experienced legal writer and editor; former associate at Kirkland & Ellis.

Caleb Andersh: Senior Manager, Learning Success. Over 8 years in the EdTech industry.

Alisa Bekk: Instructional Designer. Former legal advocate in non-profit organizations and compliance officer in Civil Rights investigations.

Victoria Nahley: Student Success Manager. Professional writer and EdTech professional focused on efficiency, data analysis, and driving learner outcomes.

Kenzie Q Rattray: Associate Video Editor. Talented visual artist and filmmaker.

Meghan Esker: Director of Client Development. J.D. graduate with over 5 years in sales.

Gregory Solomon: Software Engineer. Experienced in software engineering, quality assurance, and operations for the FinTech industry.

Advisors

Rick Rattray: Managing Partner/Principal at Varroom; former SVP/GM/EVP at Kaplan Global Solutions, The BARBRI Group, ReliasLearning.

Ahmed Haque: Chief Academic Officer at Trilogy Education (acquired by 2U); SVP at 2U.

Scott Mozarsky: Managing Director at JEGI; former President at Bloomberg Law, UBM Tech.

Alex Withers: Chief Operating Officer at marGo; former VP at LexisNexis, FT.com.

Darshan Somashekar: Co-Founder of Imagine Easy (acquired by Chegg) and Drop.io (acquired by Facebook); VP at Chegg.