LawBite

London, United Kingdom Founded: 2012 • Age: 14 yrs
Legal documents and services are provided for SMEs.
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About LawBite

LawBite is a company based in London (United Kingdom) founded in 2012.. LawBite has raised $2.38 million across 4 funding rounds from investors including Gov.uk and Adjuvo. The company has 26 employees as of June 30, 2020. LawBite offers products and services including Legal Advice Platform, Contract Review Service, and Intellectual Property Service. LawBite operates in a competitive market with competitors including LegalZoom, Docstoc, Ochresoft, LegalDesk and LegalRaasta, among others.

  • Headquarter London, United Kingdom
  • Employees 26 as on 30 Jun, 2020
  • Sectors
    Professional & Legal Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lawbit Limited
  • Date of Incorporation 11 May, 2012
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Professional & Legal Services → Legal Technology Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.38 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.49 M (USD), Series A

    Jul 01, 2021

  • Investors
    Gov.uk

    & 1 more

  • Employee Count
    26

    as on Jun 30, 2020

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Products & Services of LawBite

LawBite offers a comprehensive portfolio of products and services, including Legal Advice Platform, Contract Review Service, and Intellectual Property Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for booking consultations and receiving business legal advice

Service for reviewing and managing commercial agreements

Assistance in protecting business assets and identity

People of LawBite
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Peter Groves
Solicitor
People
Clive Rich
Founder And Chairman
People
Bea Harrold
Legal Assistant

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Funding Insights of LawBite

LawBite has successfully raised a total of $2.38M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.49 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series A — $1.5M
  • First Round

    (22 May 2013)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Series A - LawBite Valuation Adjuvo
Feb, 2014 Amount Seed - LawBite Valuation

investors

Feb, 2014 Amount Grant - LawBite Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in LawBite

LawBite has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk and Adjuvo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
London-based startups in CleanTech, Manufacturing, and Media sectors are funded.
Founded Year Domain Location
Online government services and information are provided to users.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by LawBite

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - LawBite

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lawbite Comparisons

Employees
+
Add Comparison
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Competitors of LawBite

LawBite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LegalZoom, Docstoc, Ochresoft, LegalDesk and LegalRaasta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online legal document services are provided for businesses and families.
domain founded_year HQ Location
Provides legal documents tailored for small and medium-sized businesses.
domain founded_year HQ Location
Workflow software for compliant legal document management is offered.
domain founded_year HQ Location
LegalDesk is recognized as India's first DIY legal documents platform.
domain founded_year HQ Location
Provider of online legal and taxation services for businesses and individuals
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lawbite

Frequently Asked Questions about LawBite

When was LawBite founded?

LawBite was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is LawBite located?

LawBite is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is LawBite a funded company?

LawBite is a funded company, having raised a total of $2.38M across 4 funding rounds to date. The company's 1st funding round was a Grant of $83.19K, raised on May 22, 2013.

How many employees does LawBite have?

As of Jun 30, 2020, the latest employee count at LawBite is 26.

What does LawBite do?

LawBite provides document templates and digital legal services, for SMEs.Users can get unlimited document access for 99VATyr. It also provides expert legal advice and dispute resolution on all aspects of commercial law, in the simple and practical style that SMEs need and understand. New customers receive 15 minutes free consultation from solicitors and barristers, with subsequent advice being charged at 130hrVAT. There is also an upload facility for fixed fee document checking starting at just 99VAT.

Who are the top competitors of LawBite?

LawBite's top competitors include LegalZoom, Ochresoft and LegalRaasta.

What products or services does LawBite offer?

LawBite offers Legal Advice Platform, Contract Review Service, and Intellectual Property Service.

Who are LawBite's investors?

LawBite has 2 investors. Key investors include Gov.uk, and Adjuvo.

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