a year ago

FinLegal Raises £2 Million to Automate Claims Process

  • FinLegal, a Sheffield-based legal tech startup, has secured £2 million in funding from the Northern Powerhouse Investment Fund II (NPIF II), managed by investment firm Mercia

  • FinLegal's platform automates the claims process, making it more efficient for managing class actions and large numbers of similar claims

  • The funding will be used to accelerate FinLegal's international growth

  • The investment is one of the first completed deals in the region as part of the new £660m NPIF II, launched in March.

      • ProblemTechnology

      "Many legal claims are processed inefficiently, leading to high costs and delays for both clients and law firms."

      Solution

      "FinLegal automates the claims process, allowing law firms to handle a larger volume of cases more efficiently and at a lower cost. It also improves client engagement and communication."

      Covered on