About Legacynext
Legacynext is a Professional & Legal Services company based in Bengaluru (India) founded in 2020 by Darsh Golechha. It operates as a platform offering will planning software. Legacynext has raised $200 thousand across 1 funding round from investors including Sprout Angels, Micro VC Chennai and Symphony9 ventures. Its focus areas include Enterprise Applications, Legal Tech, Legacy Planning and Will Planning. Its legal entity in India is Monech Private Limited (U74999MH2019PTC327957). Its competitors include Farewill, FreeWill, Safewill, Willful and Alix and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Legacynext was founded in 2020 in Bengaluru, India, as a platform focused on will planning software within the legal tech sector. Wills are created through the system, incorporating assets and liabilities, while asset transfers among family members are facilitated. Executors and witnesses are assigned via the platform, and a dedicated portal is maintained for planning and managing financial inheritances. Operations are centered on digital tools for estate documentation and distribution.
- Headquarters Bengaluru, India
- Founders Darsh Golechha
- SectorsProfessional & Legal Services
- Email••••••••
- Website legacynext.in
- Social LinkedIn X Facebook
- Legal Name Monech Private Limited
- Date of Incorporation 11 Jul, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹53,700
FY 2024 · -94% YoY
- Net Loss-₹48.8 Lakh
FY 2024 · -9082% margin
- EBITDA-₹16.1 Lakh
FY 2024 · -3005% margin
- Total Equity Funding$200K (USD)
in 1 rounds
- Latest Funding Round$200K (USD), Seed
Jan 2023
Associated legal entities of Legacynext
Legacynext operates through Monech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Monech Private Limited CIN U74999MH2019PTC327957 | Active | 11 Jul 2019 | Mumbai, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Funding Insights of Legacynext
Legacynext has successfully raised a total of $200K through 1 strategic funding round. The most recent funding activity was a Seed round of $200 thousand completed in January 2023. 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 $200,000
- Total Rounds 1
- Last Round Seed — $200,000
- First Round $200,000
(Jan 2023)
- Investors Count 3
All 1 funding rounds of Legacynext with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $200,000 | Seed | – | Sprout Angels, Micro VC Chennai | – |
3 investors in total: 3 institutional.
Investors in Legacynext
Legacynext has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sprout Angels, Micro VC Chennai and Symphony9 ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | – | sproutangels.tcc.mode | Chennai, India | |
- | – | microvcchennai.tcc.mode | - | |
- | – | symphony9ventures.tcc.mode | - |
Investor details for Legacynext
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Monech Private Limited (Legacynext)
Monech Private Limited is the primary company behind Legacynext. The board of Monech Private Limited currently have 2 directors; the longest-serving is Darsh Golechha, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Darsh Golechha DIN 08507870 | Director | 11 Jul 2019 | 7 yrs 3 mo | Monech Private Limited |
| Naman Golechha DIN 08507871 | Director | 11 Jul 2019 | 7 yrs 3 mo | Monech Private Limited |
People of Legacynext
1 people are tracked at Legacynext (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Legacynext
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Legacynext
Figures of Monech Private Limited, the primary company behind Legacynext, for FY 2024. Revenue was ₹53,700 (-94% year on year). Net loss was -₹48.8 Lakh (-9082% margin). EBITDA was -₹16.1 Lakh (-3005% margin).
- ₹53,700Revenue · FY 2024 · -94% YoY
- -₹48.8 LakhNet loss · -9082% margin
- -₹16.1 LakhEBITDA · -3005% margin
- ₹1.4 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Monech Private Limited are on its company page.
Detailed financial statements for Legacynext
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Legacynext
2 dated milestones of Legacynext across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Legacynext is founded.
- Funding First funding round of $200K.
Competitors of Legacynext
Legacynext has 9 listed competitors in our database, 9 of them funded. They include Farewill, FreeWill, Safewill, Willful and Alix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| farewill.com | 2015 | London, United Kingdom | $36.81M | 100 | Online platform for wills management and end-of-life planning is operated. | |
| freewill.com | 1998 | New York, United States | $30M | – | Online legal will management solutions are provided for non-profits. | |
| safewill.com | 2011 | Sydney, Australia | $17.71M | – | Cloud based will creation platform | |
| willful.co | 2017 | Toronto, Canada | $1.71M | 27 | Cloud-based platform for will-making solutions is operated. | |
| meetalix.com | 2022 | New York, United States | $25.5M | – | Estate planning is streamlined via AI-powered platform and services. | |
| mygoodtrust.com | 2020 | Palo Alto, United States | $8.15M | – | Cloud based platform offering will management solution | |
| yellow.org | 2021 | Mahe, Seychelles | $10M | – | Hybrid Layer-3 non-custodial digital exchange is facilitated through blockchain technology. | |
| legalkarma.io | 2020 | Austin, United States | $6.83M | 4 | Estate planning services are provided to businesses through financial institutions. | |
| cadence.care | 2020 | New York, United States | $143.55M | – | Remote care platform provided for chronic condition management at home. |
Detailed competitors of Legacynext
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Top companies in Legal Tech
10 companies that operate in the same segment as Legacynext (Legal Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Legal practice management software is provided for law firm operations. | 2007 | Burnaby, British Columbia, Canada | USD 1.79 B | – | 2,371 | |
AI-powered software for contract drafting and management is provided. | 2017 | India | USD 112.95 M | USD 2.43 M | 162 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered ediscovery platform streamlines investigations and workflows. | 2012 | Houston, Texas, United States | USD 194.03 M | USD 156.85 M | 561 | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | 1,164 | |
Cloud-based legal management and data services are provided for businesses. | 2008 | Toronto, Ontario, Canada | – | USD 7.63 B | 26,400 | |
AI-driven legal research platform for attorneys is operated. | 2013 | San Francisco, California, United States | USD 67.83 M | – | – | |
Online legal services are offered to businesses and families. | 2008 | San Francisco, California, United States | USD 288.44 M | – | 482 | |
SaaS-driven property management software for owners and residential property managers | 2006 | Santa Barbara, California, United States | USD 30 M | USD 950.82 M | 1,630 |
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Related news about Legacynext
Complete news archive for Legacynext
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Frequently Asked Questions about Legacynext
Legacynext was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Legacynext is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Legacynext is a funded company, having raised a total of $200K across 1 funding round to date. The company's 1st funding round was a Seed of $200K, raised on Jan 2023.
The primary company behind Legacynext, Monech Private Limited, reported revenue of ₹53,700 for FY 2024, down 94% year on year.
Legacynext was founded in 2020 in Bengaluru, India, as a platform focused on will planning software within the legal tech sector. Wills are created through the system, incorporating assets and liabilities, while asset transfers among family members are facilitated. Executors and witnesses are assigned via the platform, and a dedicated portal is maintained for planning and managing financial inheritances. Operations are centered on digital tools for estate documentation and distribution.
Legacynext has 3 investors. Key investors include Sprout Angels, Micro VC Chennai, and Symphony9 ventures.
Legacynext operates through Monech Private Limited.
The legal entities of Legacynext currently have 2 directors, including Darsh Golechha, Naman Golechha.