LegalTech Goes Global! (Part 2)
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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LegalTech Goes Global! (Part 1)
When Business Insider, reporting that LegalTech funding had crossed $1 billion so far this year, curated a select list of 10 LegalTech startups, two hailed from outside the U.S. – Sweden’s Legora, which had an $80M raise in May, and Britain’s Luminance, which had a $75M round in February. This week’s edition of Venture Legal…
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