9 SaaS Startups in the Legal Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the Legal industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 9 VC funded SaaS startups in the Legal industry.

Amberlo

For legal offices of all sizes, Amberlo is a cloud-based practice management system. It simplifies, secures, and improves the effectiveness of routine tasks including managing contacts and matters, organizing papers, keeping track of time, billing clients, and scheduling daily operations. Amberlo equips attorneys to run profitable businesses, change continually, and expand sustainably. To access your vital information whenever, whenever, and on any device, all you need is a browser and an Internet connection. Additionally, Amberlo is the appropriate choice for you if you want to remain ahead of the competition and build lasting value for your clients. Visit www.amberlo.io to buy Amberlo.

Company details:
Founders:
Aidas Kavaliauskas
Founded:
2017
Based in:
Kaunas, Kauno Apskritis, Lithuania
Website:
Amberlo
Industries:
Legal, SaaS, Software
Latest funding:
$1,216,000
Seed
11 January 2021
Total funding:
$1,816,540
Investors
Iron Wolf Capital, Next Road Ventures, 70Ventures, Corvus Ventures

BRYTER

BRYTER is a no-code software platform that supports and automates its customers' creation of digital apps. It enables public administration, banks, corporations, and consultancy companies to spread their services globally through digitization. Berlin, Frankfurt, and London are the locations of BRYTER's offices. Professionals from firms like BakerMcKenzie, HoganLovells, Taylor Wessing, Simmons & Simmons, ING, Telefónica, and others are supported by the software on a global scale. Its headquarters are in Berlin, Germany, and it was established in 2018.

Company details:
Founders:
Michael Grupp
Founded:
2018
Based in:
Berlin, Berlin, Germany
Website:
BRYTER
Industries:
Compliance, Enterprise Software, Industrial Automation, Legal Tech, SaaS, Software
Latest funding:
$66,000,000
Series B
7 April 2021
Total funding:
$89,000,000
Investors
Accel, Tiger Global Management, Notion Capital, Dawn Capital, Cavalry Ventures

ComplyCloud

A compliance attorney created as a SaaS, ComplyCloud. top-tier European LegalTech in its industry.

Company details:
Founders:
Martin Folke Vasehus
Founded:
2017
Based in:
Copenhagen, Hovedstaden, Denmark
Website:
ComplyCloud
Industries:
Compliance, Enterprise Software, Legal, Legal Tech, Privacy, SaaS
Latest funding:
$5,097,376
Seed
22 December 2021
Total funding:
$5,097,377
Investors
Seed Capital

Contractbook

The contract management software from Contractbook enables contemporary organizations to entirely automate manual activities. This implies that anyone, regardless of position or level of experience, may deal with contracts easily over their entire lifespan. Easily create and sign. Work together as a team. One location to manage all of your papers. And to maximize efficiency, automate the procedure. Contractbook was established in Copenhagen in 2017 and currently has over 250,000 members in more than 85 countries. It is funded by investors such as Tiger Global, Bessemer Venture Partners, and Gradient Ventures. Visit www.contractbook.com to find out more about how Contractbook makes dealing with contracts quick, simple, and stress-free.

Company details:
Founders:
Jarek Owczarek, Niels Martin Brochner, Viktor Heide
Founded:
2016
Based in:
Copenhagen, Hovedstaden, Denmark
Website:
Contractbook
Industries:
Legal Tech, SaaS, Software
Latest funding:
$30,000,000
Series B
11 May 2021
Total funding:
$43,277,352
Investors
Tiger Global Management, Bessemer Venture Partners, byFounders, Gradient Ventures, Stormbreaker Ventures

Hunit

Without writing a single line of code, Hunit enables any legal firm, financial institution, or business to generate distributed ledger-based, self-executing Smart Legal Contracts using Microsoft Word.

Company details:
Founders:
Aaron Powers, Jan Christian Berger
Founded:
2018
Based in:
London, England, United Kingdom
Website:
Hunit
Industries:
Blockchain, Financial Services, FinTech, Information Technology, Legal Tech, SaaS
Latest funding:
$886,874
Seed
19 January 2021
Total funding:
$1,475,085
Investors
Angel Investors

Legistify

One of the top and fastest-growing legal technology firms in the world is Legistify. LegisTrak, our premier product, is an enterprise-focused, fully integrated legal management package. Through its built-in, completely customizable, and automated modules, our platform covers a wide range of use cases, including contracts, litigation, legal notices, intellectual property, and compliances. Over 300 significant businesses from various nations utilize us. Additionally utilizing machine learning, Legistify uses historical case data from India to offer knowledge and insights. Y Combinator, Cathexis Ventures, Indiamart, GSF, Java Capital, and Titan VC are a few of our backers. To learn more, go to www.legistify.com.

Company details:
Founders:
Akshat Singhal, Pratik Mohapatra
Founded:
2015
Based in:
Gurgaon, Haryana, India
Website:
Legistify
Industries:
B2B, Internet, Legal, Legal Tech, SaaS
Latest funding:
$500,000
Seed
15 September 2021
Total funding:
$500,000
Investors
IndiaMART, Titan Capital, GSF, Java Capital, Pras Hanuma

Malbek

Enterprise contract lifecycle management from Malbek, a platform powered by AI, helps firms streamline contracting procedures such as request, redline review, approvals, signing, renewals, and obligation tracking. a state-of-the-art contract lifecycle management system that is laser-focused on shortening contract cycle times, boosting productivity, and enhancing contract visibility. It is a no-code and highly adaptable solution for small, medium, and big worldwide organizations with a consumer-grade streamlined user experience.

Company details:
Founders:
Brian Madocks, Hemanth Puttaswamy, Madhusudan Poolu, Matt Patel
Founded:
2017
Based in:
Princeton, New Jersey, United States
Website:
Malbek
Industries:
Artificial Intelligence, Enterprise Software, Legal Tech, SaaS, Software
Latest funding:
$15,300,000
Series A
28 September 2021
Total funding:
$20,550,000
Investors
Noro-Moseley Partners, TDF Ventures, Osage Venture Partners

Precisely

Precisely was founded on the idea to digitalize contract management in a way that serves both legal teams and their colleagues in other departments. Today, our platform meets even the most demanding contracting needs, with unparalleled ease of use. Precisely was founded in 2014 and is headquartered in Gothenburg, Sweden.

Company details:
Founders:
Nils-Erik Jansson, Team Precisely
Founded:
2014
Based in:
Göteborg, Vastra Gotaland, Sweden
Website:
Precisely
Industries:
Contact Management, Enterprise Software, Legal, Legal Tech, Natural Language Processing, SaaS, Software
Latest funding:
$2,178,269
Seed
27 January 2021
Total funding:
$2,178,270
Investors
Peak, The Springfield Project

Tessaract.io

Tessaract.io is a no-code workflow automation platform that helps professional services firms and other companies to work more effectively. Primary use cases include Legal Practice Management and management of complex projects

Company details:
Founders:
Cherilyn Tan
Founded:
2018
Based in:
Singapore, Central Region, Singapore
Website:
Tessaract.io
Industries:
B2B, Legal Tech, SaaS, Software
Latest funding:
$3,300,000
Seed
24 August 2021
Total funding:
$3,300,000
Investors
Wavemaker Partners, M Venture Partners (MVP), CMIA Capital Partners, Anand Swaminathan, Doug Parker

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