London-based SeedLegals has secured $4m through its Series A funding round, which was led by venture capital firm Index Ventures with participation from Kima Ventures, The Family and existing investor Seedcamp. Founded in 2017, SeedLegals reported that 7,000 startups have signed up for the platform to manage the entire fundraising process and all related legal documents. It also revealed around 8% of all early-stage UK funding rounds are now done on SeedLegals, with UK companies creating over 27,000 contracts on its platform last year, saving an estimated £4.5m in legal costs.
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
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