Berlin-based LawX raises €7.5 million to build an AI-powered operating system for notaries and law firms
Summary
Berlin-based LegalTech startup LawX has raised €7.5 million in a Seed funding round led by Motive Partners to develop the first holistic AI-powered operating system for law firms and notaries. The round also included investors like WENVEST Capital, xdeck, and SIVentures, as well as prominent angels such as Christoph Cordes and Ralph Müller. The company aims to address a structural crisis in the legal market by automating core processes like case management, document processing, and billing, which are currently largely manual and reliant on outdated software. LawX emphasizes its commitment to data security, holding ISO 27001 certification and GDPR compliance. The startup has already generated over €1 million in contracted recurring revenue and plans to expand its product offering into the broader law firm market from this summer.
(Source:Bebeez)