TheLawyerGuide.com, an Oslo, Norway-based legaltech startup that offers a platform for reviewing lawyers, raised €475,000 in funding at a valuation of €4 million through a crowdfunding campaign.
More than 50 new shareholders joined the round. The company is gearing up to expand into more countries.
TheLawyerGuide.com has since expanded to Sweden, Denmark, Switzerland, and the Netherlands. In 2023, the company will expand its operations to the United States and several other large European countries.
Ali Ahmed, CEO of TheLawyerGuide.com, said: "We are ecstatic to have completed our first public seed round. We anticipate that the raise will take us to profitability in several key markets, including Norway and Sweden. Later this year, we are also launching in the U.K., Italy, France and the U.S. Eventually, further funding may be required, but this takes us far towards our goal of global expansion."
"Our goal is really to make TheLawyerGuide.com into the world's largest lawyer review platform. We have the technology, the skill set and the right people to get the job done," says Ahmed. "With more and more fake reviews everywhere, consumers need someone they can trust in the marketplace. Our aim is to make TheLawyerGuide that someone, and an essential part of a lawyer selection process."
Since its start in 2020, TheLawyerGuide.com has attracted almost one million visitors across its five live markets in Norway, Sweden, Denmark, the Netherlands, and Switzerland.
Company: The Lawyer Guide
Raised: €.475K
Round: Unknown
Funding Month: December 2022
Lead Investors: Undisclosed
Additional Investors:
Company Website: https://thelawyerguide.com/
Software Category: Legal Support Platform
About the Company: The Lawyer Guide is a Norway-based LegalTech startup that helps people find the right lawyer for them. It offers that offers a platform for reviewing lawyers. The company's platform offers a user-centric and web-based service for finding and ranking lawyers while also helping lawyers gain better visibility on the internet so they can reach potential clients, enabling users to get all their legal needs fulfilled in a transparent manner. In addition, the platform offers a web-based SaaS marketing suite to lawyers. Its vision is to bring transparency and democratize the legal industry.
Source: https://www.globenewswire.com/news-release/2022/12/30/2580924/0/en/Legal-Tech-Startup-TheLawyerGuide-com-Raises-475-000-EUR.html