Top Legal Tech Startups & Scale-ups in the UK
Legal services entail activities involving law-related matters such as legal opinion, filing, defending or pleading of lawsuits are usually provided by lawyers or attorneys. Demand for these services increased over time because of a multifaceted influence of factors like increased population, fewer law professionals, and lack of legal knowledge. The outcome is more people having limited access to legal services. However, with technological advances, the challenge is addressed by legal tech startups.
Legal Tech Startups
Legal tech startups are young companies founded by one or more persons to use technology to provide and optimise legal services. Legal tech is a growing industry facilitating a massive trend in increased funding for the sector. The spectacle has seen new legal technology patents grow by over 484% in the last five years. Accordingly, we can say that there has been a significant increase in legal tech jobs.
Why Is Legal Tech Important?
Using tech in legal services aims to reach more people, make the cost for accessing services cheaper, document storage, optimize time tracking, eliminate security risks, and make manual legal work easier. For law firms, legal tech startups have made it easier to take on more clients and maximize their profits.
Here are 11 of the top legal startups based in London:
Top Legal Tech Startups &Scale-ups List
Epoq
- Founded: 1994
- Funds Raised: €48—72M
- Employee Number: 11-50
Launched in 1994, Epoq deals in online legal documents, online legal services, and sophisticated document automation. The organization is valued at £48 – £72 million as of January 2007, estimated by Dealroom.co.
Clio
- Founded: 2008
- Funds Raised: $110M
- Employee Number: 501-1,000
Clio is a cloud-based software provision company that enhances legal companies to provide legal services to its customers. Founded in 2008, the legal tech startup simplifies time recording, billing, and document management, among other features.
Seedlegals
- Founded: 2016
- Funds Raised: $4M
- Employee Number: 51-200
Founded in 2016, Seedlegals is revolutionary in helping startup companies fundraise and have the correct legal representation and agreements. The agreements and legal representation take a shorter turnaround time in the legal aspect of startup fundraising.
Seedlegals; It is a platform that automates legal processes to help companies complete funding rounds faster, recruit, manage, allocate equity to their teams, and more.
We got the chance to meet and talk with Anthony Rose, the CEO and the Founder of Seedlegals, about the company values, the challenges they have confronted and overcame, tech tools they use, the company culture and much more.
DoNotPay
- Founded: 2016
- Funds Raised: €73M
- Employee Number: 11-50
The London based legal tech company was founded in 2016 with initial funding of €16.3 from various organizations. DoNotPay has 13 employees behind the Consumer-focused AI lawyer. Its objective is to help clients resolve small legal claims. The company is valued at €73 million.
- Sponsored
Redefine Legal
- Founded: 2021
- Employee Number: 2-10
Redefine Legal helps startup founders manage and grow their businesses with confidence.
It is the UK’s only provider of instant, bespoke, and 100% free legal documents. Where expert legal help is needed, Redefine Legal’s platform connects businesses with top UK lawyers providing specialist services at transparent and competitive rates.
ContractPodAi
- Founded: 2012
- Funds Raised: $115M
- Employee Number: 51-200
ContractPodAi was founded in 2012 with €50 million funding. The organization is an Artificial Intelligence (AI) powered platform. The platform offers automated workflows and easy to use templates that streamline contracting. The legal tech company also keeps the client 100% compliant with legal matters.
Farewill
- Founded: 2016
- Funds Raised: $25.2M
- Employee Number: 51-200
Founded in 2016, Farewill provides legal services and legal documents management, especially for wills. The organization is specialized in matters dealing with death and wills, knowing that the entire process can be difficult for its clients when faced with the departure of a family member. It has about 143 employees and is based in London.
Lexoo
- Founded: 2014
- Funds Raised: $4.4M
- Employee Number: 11-50
Founded in 2014, Lexoo helps its clients generate and store legal documents like sales, procurement contracts, and NDAs. Lexoo also protects legal data. The company links clients with lawyers knowing that it is quite challenging to look for them.
Eigen Technologies
- Founded: 2014
- Funds Raised: €54.9M
- Employee Number: 51-200
With €54.9 million funding from Lakestar and ING ventures, among five others, Eigen Technologies was founded in 2014. It provides legal, enterprise software, and legal document management using machine learning algorithms.
Crowd Justice
- Founded: 2015
- Funds Raised: $2M
- Employee Number: 11-50
Crowd Justice was founded in 2015 with funding of about $2 million. The legal tech startup is designed to help people get funding for legal issues. It could be an individual’s neighbours’ or community’s legal services. The platform was built by lawyers and is an online fundraising platform.
JustBeagle
- Founded: 2017
- Funds Raised: $1.3M
- Employee Number: 2-10
JustBeagle was founded in 2017 to list over 10,000 law firms in England and Wales to provide an effective search engine where customers can get linked to legal services. It also facilitates the comparison of fixed-fee legal services across the listed law firms. The legal tech company JustBeagle began with initial funding of $1.2 million and a workforce of 43,871 across the listed law firms.
Kula
- Founded: 2021
- Funds Raised: Undisclosed pre-seed
- Employee Number: 1-10
Kula helps founders find the perfect lawyer for them by matching up their startup and its legal requirements and needs with recommendations from successful entrepreneurs.
Zegal
Founded: 2014
Total funds raised: £8M
Number of employees: 11-50
Once known as Dragon Law, Zegal operates in Hong Kong, Singapore, New Zealand, Australia, and the UK. The startup raised £2.5M in their last funding round. Zegal, founded by Daniel Walker, offers comprehensive legal services for startups and large enterprises.
