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The legaltech startup has experienced huge growth in 2020, something that hasn’t gone unnoticed in the UAE and beyond.
Dubai-based legaltech company, App4Legal, has secured Pre-Series A funding from Betatron Venture Group and Dubai Angel Investors, as it sets its sights on further global expansion.
The startup has been hailed for revolutionising the field of legal-tech, by providing clients with a comprehensive legal practice management solution that includes litigation cases and hearings, billable time, and report and KPI access. It is available on both Cloud/Private SaaS & On-premises, which has been a game changer given the shift to work from home in all industries due to the pandemic. Essentially, lawyers don’t have to sacrifice their in-office efficiency thanks to App4Legal.
Founded by Feras El Hajjar and Abdullah Mutawi in 2015, App4Legal has had an incredible year of growth in terms of its client portfolio, serving over 1,400 organisations and law firms in over 67 countries across all industries. This investment will play a critical role in increasing App4Legal’s global footprint through their expansion and strategic growth plans to move into Asia and Europe.
The involvement of Betatron in the investment also speaks volumes for how highly the startup is regarded. App4Legal is one of only nine companies out of 2,500 applicants chosen for investment by the venture capital fund and accelerator.
"Our selection process is highly competitive,” Managing Partner & CEO of Betatron, Matthias Knobloch, said. “The companies we invest in have strong traction, are growing quickly, and are led by a team which is ready to take the business to the next level and scale across several markets." This is a testament to App4Legal’s exact product market fit and the need for their software given the increased interest they have seen this past year.
With these new funds in pocket and plans of expansion on the horizon, El Hajjar and Mutawi have three things they’re keeping in mind: practicing with constant innovation, gaining the trust of clients, and transforming the narrative associated with the legal industry. With no end in sight for the pandemic and work-from-home culture on the rise, this may be just the beginning for App4Legal.
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