LegalTech startup Libryo just raised $1m from backers including Seedcamp

Publicado em
Libryo-Founders-1-898x505

The startup received funds from early-stage investor Seedcamp – through its partnership with Nextlaw Labs – alongside Innogy, Force Over Mass and several angel investors.

Founded in London, but with a presence in South Africa, Libryo will use the cash to hire, develop its products and grow the business into new markets.

“At Libryo we serve customers across many countries by providing certainty and comfort, through our process of providing the right regulatory information for them, at the right time. For Lawyers, we’re helping to alleviate some of the legal research work, which their clients are often unwilling to pay for, so that they can focus on adding premium value to their clients in other areas,” Peter Flynn, co-founder and CEO of Libryo.

Flynn went on to note that he was seeing a “huge appetite” for his firm’s services across Africa.

“[We] are at a key moment for our business as we look to expand our offering even further across the world and into other legal domains.”

InsurTech firm PremFina raises $36m from backers including Rakuten Capital

The firm was also co-founded by chief legal officer Garth Watson and chief customer officer Malcolm Gray. Its customers include listed firms across the telecoms, energy, infrastructure, mining and gas industries.

Libryo says it generated £150,000 in revenue during its first year and has ambitions to hit £2.5m in the next 18-24 months.

Tom Wilson, investment manager at Seedcamp and one of UKTN’s elite judges at Elevator Pitch LIVE 2017, commented: “We’ve been really impressed with the Libryo team since our initial investment and are delighted to be following on in this round.

“We see a real demand in the market for their product as evidenced by their strong traction to date across a number of jurisdictions. We’re excited to see the team take the business forward and are confident in their ability to execute on their vision.”


Yessi Bello Perez

Fonte: https://www.uktech.news/news/investment-news/this-legaltech-startup-has-just-raised-1m-from-backers-including-seedcamp-20170928

 

COMPARTILHAR
VEJA TAMBÉM
agenda ab2l

AGENDA AB2L SETEMBRO 2023

Quer Saber Mais? Acesse Agenda AB2LConvide um representante da AB2L para o seu evento aqui!Agenda está sujeita a
1695128031397

Evento jurídico destaca aumento de tecnologia e inovação

Publicação original O Globo Casos práticos e aumento de 300% de startups jurídicas no Brasil comprovam mudança de
Imagem: Pixabay

Online brand protection: a estratégia das empresas para defender a propriedade intelectual

Publicação original Lexlatin Medida é fundamental para evitar danos que podem ser irreparáveis tanto para os titulares de
Imagem: Pixabay

Microsoft integra inteligência artificial ‘Copilot’ no Windows, Office e outros aplicativos

Publicação original Valor Investe Funcionalidades do Copilot serão adicionadas na próxima atualização do Windows 11 que será lançada na
EMPRESAS ALIADAS

Receba nossa Newsletter

Nossas novidades direto em sua caixa de entrada.