- Legl is a B2B SaaS startup
- It raised $7 M in Series A Funding.
- Legl is working with around 200 UK based law firms including different top firms
- Legl is now working with around 100 UK-based legislation corporations
B2B SaaS startup Legl has bagged $7M in Series A funding. Octopus Ventures led the round for its platform for law firms offering tools to streamline core business processes. These include customer onboarding, due diligence, and payments. Existing investors Backed, Samaipata and First Round Capital, and angels including Carlos Gonzalez-Cadenas (ex CPO and COO GoCardless), Al Giles (ex CRO of legal business Axiom), and Hayden Brown (CEO of Upwork), also participated in the round. The UK startup was founded just over a year ago by Julia Salasky, a lawyer by background. She previously founded the public interest legal crowdsourcing campaign platform, CrowdJustice.
Legl is with around 200 UK-based law firms
Legal says it is now working with around 200 UK-based law firms, including a dozen of the top 200. The series will be used to expand Legle’s team and further development of its UK user base and product. When asked about the key features of the leg, Salaski highlighted “no-code workflows” – aka configurable workflows, letting non-technical users know that they can now “use” any client Also in the practice field “do but without the manual faff.
Although SaaS is for the UK only, Legg is already quizzing the markets and plans to expand further and start international expansion. Legl’s investors were also attended by angels including Backed, Samipata, and First Round Capital, and Carlos Gonzalez-Cadenas, Al Giles, and Heard Brown CEO of Upkar.
Salasky wanted to help law firms to digitize their business processes.
Salasky tells that she saw the opportunity to create a platform to help law firms digitize their business processes through their experience working with law firms on CrowdJustice. There have been some major changes towards digital [in the legal sector], Which we were able to come up with in the first place through our work with hundreds of law firms at CrowdJustice. There is a growing expectation from a client, both individuals, and businesses. They should have a good, digital experience, as they do with other service providers with whom they interact,” she says. She helps digitalize business processes, seeing the opportunity to help.
“There is a second risk. Law firms have the right to risk, and doing client-facing procedures in a manual, fragmented way. Such as performing compliance checks via email or taking payments over the phone – actually increases risk.
“And the third is Kovid. Many manual or face-to-face operation procedures do not work when remote-first is the norm.