{"id":17366,"date":"2015-12-05T15:44:10","date_gmt":"2015-12-05T15:44:10","guid":{"rendered":"https:\/\/www.legalgeek.co\/?p=17366"},"modified":"2015-12-05T15:44:10","modified_gmt":"2015-12-05T15:44:10","slug":"lexoo-law-tech-startup-did-it","status":"publish","type":"post","link":"https:\/\/www.legalgeek.co\/lexoo-law-tech-startup-did-it\/","title":{"rendered":"Lexoo Law Tech Startup Did it!"},"content":{"rendered":"

We are a little late reporting on our friends at Lexoo<\/a>‘s\u00a0exciting news – last month they\u00a0raised\u00a0$1.3 million<\/strong> in a funding round. Nice work team Lexoo<\/strong>, flying the flag for LawTech in London!<\/p>\n

\"Lexoo<\/p>\n

Lexoo launched in July 2014 providing an on-demand marketplace to connect clients, often London startups, with validated lawyers for “free”. The revenue model is a ‘win win’ with a rev share coming off the lawyer’s fee, but of course the lawyer pays no marketing costs.<\/p>\n

Lexoo founder, Daniel van Binsbergen<\/a> spoke at our event in August about his fascinating story into the world of Law Tech startups. Daniel, a former City lawyer, started Lexoo after friends began asking him for lawyer recommendations. With the help of a simple brochure website and a web form Lexoo was born. With this validation Daniel went to\u00a0Forward Partners<\/a>, who invest in early stage startups (idea – seed stage). Forward Partners often invest in people who are experts in a field, be it law or heath care.<\/p>\n

We have personally used Lexoo and this is how it works:<\/strong><\/p>\n

    \n
  1. You request a quote and fill in a simple form explaining your problem\/job<\/li>\n
  2. You receive a quote document from a qualified lawyer, normally three quotes are sent through within 24 hours<\/li>\n
  3. You choose your lawyer and pay them when the work is done \ud83d\ude42<\/li>\n<\/ol>\n

    The business model is straight forward, but the simple ideas are often the best. London is becoming a hub for law tech alongside the US. Interestingly Daniel is from Holland, where there is also a strong law tech startup community.<\/p>\n

    Well done guys and hopefully investors\u00a0will continue to invest in Law Tech to allow us to disrupt, improve and innovate in the delivery of legal services.<\/p>\n","protected":false},"excerpt":{"rendered":"

    We are a little late reporting on our friends at Lexoo‘s\u00a0exciting news – last month they\u00a0raised\u00a0$1.3 million in a funding round. Nice work team Lexoo, flying the flag for LawTech in London! Lexoo launched in July 2014 providing an on-demand marketplace to connect clients, often London startups, with validated lawyers for “free”. The revenue model […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,21],"tags":[],"class_list":["post-17366","post","type-post","status-publish","format-standard","hentry","category-news","category-read"],"acf":[],"yoast_head":"\nLexoo Law Tech Startup Did it!<\/title>\n<meta name=\"description\" content=\"Last month Lexoo raised $1.3 million in a funding round, flying the flag for LawTech in London! 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