LegalTech Scale up Clarilis raises £6m to fuel expansion - Legal IT Professionals | Everything legal technology

▤ Summary

The investment round which completed on 31st July, is designed to assist in the company’s continued growth internationally, and fund its sales, marketing and product development functions. While the legal world has arguably been a late adopter of technology, firms are realising that automation is essential to driving both cost efficiency and resilience across distributed workforces. We’ve been impressed by the impact that Clarilis has already had in the market and as the business expands, particularly into the South East Asian market, we are excited to be bringing our experience to bear and to help facilitate its growth.” Tim Levett, Investment Chairman, Mercia Northern Venture Funds, commented: “We are pleased to be investing once again in this leading LegalTech business, particularly in this current environment where the rapid adoption of user-friendly consumer software has fundamentally changed user expectations within enterprise. Regardless of the complexities of any business process, elegant automation and consumer-grade UX are the critical success factors that have set Clarilis and its platform apart, especially filling the void left by legacy software in this sector. The uniqueness of Clarilis’ intelligent drafting platform and managed service is resonating with organisations globally - particularly as current market conditions highlight the importance of technology that can provide a strategic advantage.”

$ Funding

▦ Linked Companies

Issuu

$1M to $5M