Spotlight on Lawtrades, a developer of a legal platform designed to find, hire and work with professional lawyers.
Spotlight on: Lawtrades
Description
Developer of a legal platform designed to find, hire and work with professional lawyers. The company's platform empowers attorneys to become independent, provides the tools to virtually eliminate admin and overhead expenditures, and lets businesses hire vetted attorneys for services such as reviewing contracts, filing patents, trademarking, and immigration filings, enabling clients to find specific legal projects performed by vetted freelance-attorneys at guaranteed fixed prices.
Most Recent Financing Status
The company raised $6 million of Series A venture funding in a deal led by FourCities Capital on January 14, 2022. 500 Global, Draper Associates, Dispatch Ventures, Social Capital, WellFound, Sahil Lavingia, Ankur Nagpal, Aman Bhutani, Rashad Haque, Steven Roussey, Joseph Sunga, Anthony Lawrence, and Jeremy Kuo also participated in the round. The funds will be used to rebrand the company, launch an iOS app, expand into other professional categories, like finance and management consulting, and gain an international footprint.
CEO: Raad Ahmed JD
HQ Location: New York, NY
Employees: 42
Total Raised: $7.97M
Post Valuation: $5.62M^E
Growth Rate: 1.59% Weekly Growth (98th Percentile)
Size Multiple: 38.5x Median (97th Percentile)
Institutional Investors:
- FourCities Capital
- 500 Global
- Draper Associates
- Dispatch Ventures
- Social Capital
To learn more about Lawtrades, visit their website or follow them on X (Twitter) or LinkedIn.
Source: Pitchbook, September 2023
Published November 7, 2023.
