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Hind Al Soulia - Riyadh - App4Legal raises pre-Series A investment
Wamda • 16 November, 2020
Dubai-based legal-tech company App4Legal, has secured a pre-Series A funding round from Hong Kong-based Betatron Venture Group (Betatron) and Dubai Angel Investors (DAI).
Launched in 2015, App4Legal offers legal practice management solutions for law firms of all sizes corporate in-house legal departments, and governmental entities, helping them digitise their practice.
The newly raised proceeds will enable App4Legal’s to expand into Asia and Europe.
"We are appreciative of Betatron and DAI’s trust and confidence in App4Legal’s dynamic management solution and growth plans. With every step App4Legal takes, it keeps three things in mind. Practising with constant innovation, gaining the trust of our clients, and transforming the narrative associated with the legal industry. We want to elevate the legal practice in a way that changes the life of a legal practitioner for the better,” said Feras El Hajjar, founder and CEO of App4Legal.
The company boasts a portfolio of 1400 organisations including banks,telcos, airlines, and law firms across all industries in over 67 countries.
"Our selection process is highly competitive, 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,” said Matthias Knobloch, managing partner and CEO at Betatron.
"We are really excited about our investment in App4Legal and the opportunity to work with Feras and his team on addressing a major pain point in the legal industry. While App4Legal’s relevance has only increased with Covid-19 and the new work-from-home reality that many lawyers are living, App4Legal’s product suite serves as a boost to both private and in-house legal practices currently suffering from a highly fragmented legal tech ecosystem,” said Abdullah Mutawi, co-founder and chairman at DAI.
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