11 years ago
Lexoo Secures $400K to Help Businesses Save on Legal Fees
Lexoo, a London-based legal marketplace, has secured $400,000 in seed funding from Forward Partners and Jonathan McKay, Chairman of Just Giving
Lexoo helps businesses save money on legal fees by providing fixed-price quotes from hand-picked lawyers
The platform has seen significant growth since its launch in 2014, with over 1,000 quotes generated and a 30% month-on-month increase in user base
Lexoo is one of several legal startups gaining traction in the UK, targeting a global market estimated at $716 billion.
ProblemLegal Services
"choosing the right lawyer can be difficult, especially when considering the quoted price is hard to compare"
Solution
"Lexoo offers a transparent marketplace where businesses can get multiple fixed-price quotes from hand-picked lawyers, saving them an average of 46% on legal fees"