Legl, a London, UK-based SaaS startup that sells tools to law firms wanting to digitize processes and automate workflows, announced that it closed $18 million in Series B funding.
The Series B was led by several technology investors, including existing investor Octopus Ventures (which led its Series A), Legl isn’t specifying the round’s other backers. Previously disclosed investors in the business include Backed, Samaipata, and First Round Capital, plus several angels.
Legl Series B intends to use to kick off planned international expansion, focusing on other markets where its UK client base has offices and ploughing cash into product dev and hiring.
Company: Justice Platform Ltd.
Raised: $18.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Octopus Ventures
Additional Investors: Backed, Samaipata, and First Round Capital
Company Website: https://legl.com/
Software Category: Client Onboarding, Payments, and Compliance Software
About the Company: Founded in 2019, Legl is a modular, data-first platform for modern law firm operations, supporting law firms to drive operational efficiencies and free up their time to focus on creating meaningful client experiences. Legl helps law firms drive operational efficiencies and create meaningful client experiences throughout their lifecycle. Legl’s award-winning client lifecycle management platform automates client-facing business processes and payments while creating rich data and a single source of truth for law firms. Legl helps law firms better access and understand client risk with integrated compliance, supported by digital payment modules to help firms effectively manage cash flow and drive revenue growth. Legl's mission to empower law firms to drive operational efficiencies and free up their time to focus on creating meaningful client experiences. Today, Legl serves over 170 mid-market UK law firms and has supported the delivery of legal services to over 100,000 clients nationwide.
Source: https://techcrunch.com/2022/05/17/legl-series-b/