Total amount raised
$5.3 Millions
Latest funding date
05/01/2019
Location
SeedLegals has successfully raised £2 billion over multiple funding rounds, with its last funding type being Series A. The platform offers a comprehensive suite of tools to automate legal processes for companies raising investment and distributing equity.
Keep reading to explore the intricacies of SeedLegals' fundraising journey and the investors backing this innovative platform.
What Is SeedLegals?
SeedLegals, founded on September 11, 2016, is headquartered in London, England. The platform automates legal processes for companies, helping them raise investment, distribute equity, and manage other legal needs efficiently.
Founded by Anthony Drogon, Anthony Rose, and Laurent Laffy, SeedLegals offers a comprehensive suite of tools and services, including SeedLegals A+, R&D Tax Credit Calculator, and Board Management Software.
With a team of 101-250 employees, SeedLegals aims to streamline the legal aspects of business growth, making it easier for companies to close funding rounds and manage equity distribution.
How Much Funding Has SeedLegals Raised?
- Series A
- Amount Raised: $4M
- 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 model to other business areas.
- Seed Round
- 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 initial growth and development of the platform.
- Seed Round
- Amount Raised: £1M
- Date: July 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch and establish the platform in the market.
Total Amount Raised: $5M
Current Valuation: Not publicly disclosed
Key Investors
- Index Ventures
- Details: Index Ventures is a global venture capital firm that invests in technology and innovation-driven startups. They led the Series A funding round for SeedLegals.
- Investment Focus Areas: Technology, FinTech, Enterprise Software
- 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 rapid investment pace and broad portfolio.
- Investment Focus Areas: Early-stage startups, Technology, FinTech
- Notable Investments: TransferWise, Zenly
- The Family
- Details: The Family is a startup accelerator and investment firm that participated in the Series A funding round for SeedLegals. They provide resources and funding to startups.
- Investment Focus Areas: Startups, Technology, Innovation
- Notable Investments: Not publicly disclosed
- Seedcamp
- Details: Seedcamp is a European seed fund that participated in the Series A funding round for SeedLegals. They focus on early-stage tech startups.
- Investment Focus Areas: Early-stage startups, Technology, FinTech
- Notable Investments: Revolut, TransferWise
- Leblon Capital
- Details: Leblon Capital is a venture capital firm that led the seed round for SeedLegals. They focus on supporting the initial growth and development of startups.
- 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 complex legal processes for startups. With 7,000 startups already on board and 8% of early-stage UK funding rounds conducted on the platform, the opportunity for growth is substantial. The company aims to expand its model to other business areas, potentially attracting more startups and investors.
Future fundraising opportunities are likely as SeedLegals continues to innovate and extend its services. However, challenges such as competition from other Legaltech platforms and the need to stay updated with legal regulations could pose hurdles. Strategic partnerships or acquisitions may also be on the horizon to enhance the platform's capabilities and market reach.
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