London legal tech startup that helps law firms improve efficiency and client transactions scores £3M funding
The COVID-19 pandemic has accelerated the legal sector and given rise to a significant opportunity to capitalise on increased budgetary pressure and interest in cost-saving software tools. A recent report by Thomson Reuters identified that 84% of Law Partners surveyed expected their technology investment to increase and had a greater openness to experiment with different forms of service delivery and operational processes.
London-based Legatics is an intuitive legal transaction management software that simplifies and automates traditional legal processes. The legaltech company just bagged £3 million growth capital investment from Mobeus to develop its platform and further build up on its strong customer acquisition. Also, Joe Krancki will join the board after the completion of this round.
Legatics will use this investment to double the size of its team over the next 18 months and further develop its technology to deliver new features and use cases for a wider range of practice areas within new and existing customers.
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