We’re excited to announce today that we’ve just closed an $18 million Series B funding round, which will help us fuel our next phase of product expansion and development.
As we celebrate this milestone, we wanted to say a massive thank you to our customers for being part of this journey with us! We’re really proud to be building a platform that’s providing real value for law firms and their clients every day, and this additional funding will help to drive continued product expansion and development, scale the team and grow into other markets.
Julia Salasky, our founder and CEO, said, “By focusing on the business processes of law firms, which are complex, regulated businesses, Legl is able to enable law firms to focus on what they do best – law. We’re thrilled to close this funding round which, alongside our brilliant investors and their expertise, networks and understanding of the market, will drive growth and impact for us and for our clients.”
Malcolm Ferguson, Investor at Octopus Ventures, said: “We’re delighted to continue to support Julia and the team on their mission to free up lawyers’ time so they focus on creating value for their clients. The company has grown really strongly over the last 12 months, and is positioning itself to become the go-to solution for law firms looking to modernise and automate their non-core work. Not only does this improve a law firm’s revenues and margins, but [it] also means they can deliver a meaningfully better experience to their clients.”
Legl combines the automation of manual business processes for regulated law firms, like compliance, risk, onboarding and payment, with a lightweight CRM and flexible, no-code workflows. It enables law firms to better manage cash flow and mitigate risk, through better understanding client data and managing the entire client lifecycle.