LegalTech Goes Global! (Part 2)

Venture Legal 16

In just the past two weeks, since publishing Venture Legal’s LegalTech Goes Global (Part 1):

 

  • Stockholm-based Legora was reported to be in talks to raise funding between $100 million to $150 million at a $1.8 billion valuation.
  • San Francisco-based Eve announced it has raised $103 million at a $1 billion valuation.
  • San Francisco-based EvenUp was reported to have raised $150 million in a Series E.
  • Utah-based Filevine, which makes legal practice management software, announced it had raised $400 million in equity financing.
  • Milan-based Lexroom raised $19M to scale across Europe.
  • San Francisco-based Harvey announced a $58.6 million investment from Stockholm-based venture group EQT Growth to accelerate international expansion.

As VC-funding startups rapidly scale globally, this week’s edition of Venture Legal is Part 2 of the LegalTech Goes Global series. This week I’m exploring:

 

  • Canada, where a thriving LegalTech sector includes Thomson Reuters, Clio, Spellbook, Blue J and more;
  • India, where LegalTech is said to be on a “trajectory of explosive growth,” and where startups include SpotDraft, which raised $54 earlier this year to fuel global expansion;
  • The Middle East, where LegalTech adoption is rising and regional startups include Qanooni, Clara and Darrow; and
  • Asia, a fast-growing regional market where startups include Tokyo-based LegalOn Technologies, which announced it raised $50 million this summer.

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Venture Legal, Ed. 16, LegalTech Goes Global! (Part 2)

Monica Zent

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