Stockholm-based PocketLaw secures €10 million to simplify legal work for SMEs
Summary
With the aim to empower SMEs to handle legal work with greater efficiency and ease, PocketLaw has just secured over €10 million in a round led by Atomico. Dealing with a multitude of legal requirements and increasing administrative and regulatory burdens has emerged as a significant everyday pain point for businesses. Kira Unger continued: “Using technology to build scalable, user-friendly tools is the only way companies will be able to maintain speed whilst keeping up with an increasingly complex regulatory landscape. This fresh funding will drive expansion across Europe and support the ongoing efforts to scale the PocketLaw team of legal, technical and operational experts. David Grünbaum, Head of Legal at Babybjorn commented: “With PocketLaw, I can be sure that we maintain our standard without having to review every single contract drafted [in the organisation]”.