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"

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