Total amount raised
$5.3 Million
Latest funding date
05/01/2019
Location
SeedLegals has successfully raised funding over three rounds, with the latest being a Series A round. The platform simplifies the legal processes required for companies to raise investment and distribute equity.
Keep reading to explore the intricacies of SeedLegals' fundraising journey and the investors backing this innovative platform.
What Is SeedLegals?
SeedLegals, based in London, England, operates in the FinTech, Legal, and Venture Capital industries. The company simplifies the legal processes required for startups to raise investment and distribute equity.
Founded by a team of experts, SeedLegals has grown to employ between 101-250 people. The platform offers a comprehensive suite of services for both founders and investors, making it a one-stop solution for legal needs in the startup ecosystem.
How Much Funding Has SeedLegals Raised?
- Series A
- Amount Raised: USD 4,000,000
- Date: May 2019
- Lead Investors: Index Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To simplify the fundraising process for startups and expand the platform's model to other areas of business.
- Seed Round (March 2019)
- Amount Raised: Not publicly disclosed
- Date: March 2019
- Lead Investors: Leblon Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's early-stage growth and development.
- Seed Round (July 2017)
- Amount Raised: GBP 1,000,000
- Date: July 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch the platform and begin operations.
Total Amount Raised: USD 4,000,000 + GBP 1,000,000
Current Valuation: Not publicly disclosed
Key Investors
- Index Ventures
- Details: Index Ventures is a venture capital firm that led the Series A funding round for SeedLegals. They have a strong presence in the technology and life sciences sectors.
- Investment Focus Areas: Technology, life sciences, early-stage startups
- Notable Investments: Dropbox, Slack, Robinhood
- Kima Ventures
- Details: Kima Ventures is an early-stage venture capital firm that participated in the Series A funding round for SeedLegals. They are known for their broad investment portfolio across various sectors.
- Investment Focus Areas: Early-stage startups, technology, various sectors
- Notable Investments: TransferWise, Zenly, Algolia
- The Family
- Details: The Family is an investment firm that supports startups with a focus on long-term growth and sustainability. They participated in the Series A funding round for SeedLegals.
- Investment Focus Areas: Long-term growth, sustainability, technology
- Notable Investments: Algolia, Payfit, Heetch
- Seedcamp
- Details: Seedcamp is an early-stage venture capital firm that was an existing investor in SeedLegals and also participated in the Series A funding round. They focus on technology startups.
- Investment Focus Areas: Early-stage startups, technology
- Notable Investments: TransferWise, Revolut, UiPath
- Systema
- Details: Systema is listed as one of the investors in SeedLegals. Specific details about their investment focus areas and notable investments are not publicly disclosed.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
What's Next for SeedLegals?
SeedLegals is poised to capitalize on the growing demand for Legaltech solutions, simplifying and automating the fundraising process for startups. With innovative methods like SeedFAST and Instant Investment, the platform is set to expand its model to other legal processes, potentially attracting more startups and investors.
Future fundraising opportunities are likely as SeedLegals continues to broaden its services, leveraging its successful Series A round to invest in technology and team expansion. However, the company may face challenges from competitors and the need to stay compliant with regulatory changes across different jurisdictions.
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