Legistify Raises $4 Million in Series A

by Kay Aloha Villamor in September 26th, 2023

Legistify, an India-based legaltech SaaS platform, raised $4 million in Series-A funding, bringing its total raised to over $5 million.

SaaS Investors

The round saw participation from existing investors like Indiamart, Titan VC, and GSF along with US-based Cathexis Ventures, Justin Hamilton, and Japan-based Enrission group. 

Legistify Use of Funds

The company will use the fund for product enrichment and innovation, international business expansion, and strengthening its customer base in the country.  A significant portion of capital will be allocated to LegisTrak 2.0, its recently introduced platform aimed at streamlining legal processes for businesses.

About Legistify

Founded by Akshat Singhal in December 2014, Legistify provides a comprehensive LegisTrak to simplify legal operations for enterprises. It helps enterprises manage their legal contracts, cases, and IPs and provides powerful data insights for effective decision-making. The platform leverages Artificial Intelligence to assist companies in making informed decisions and enhancing their ROI. The company's platform has coverage across varied use cases including contracts, litigation, legal notices, and intellectual property as well as compliances through its in-built, fully customizable and automated modules.

Funding Details

Company: Legistify Services Private Limited

Raised: $4.0M

Round: Series A

Funding Month: September 2023

Lead Investors: 

Additional Investors: Indiamart, Titan VC, GSF, Cathexis Ventures, Justin Hamilton, and Enrission group

Company Website: https://www.legistify.com/ 

Software Category: Legal Management Software

Source: https://inc42.com/buzz/legistify-secures-4-mn-funding-to-simplify-legal-ops-for-enterprises/



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