About Legistify
Legistify is a company based in Noida (India) founded in 2015 by Pratik Mohapatra and Akshat Singhal.. Legistify has raised $8.25 million across 6 funding rounds from investors including IndiaMART, LetsVenture and Enrission India Capital. The company has 45 employees as of March 29, 2024. Legistify offers products and services including Contract Lifecycle, Matter Management, and IPR Tracker. Legistify operates in a competitive market with competitors including Thomson Reuters, Filevine, Mitratech, Elevate and Lawmatics, among others.
- Headquarter Noida, India
- Employees 45 as on 29 Mar, 2024
- Founders Pratik Mohapatra, Akshat Singhal
- Stage Minicorn
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Legistify Services Private Limited
- Date of Incorporation 16 Dec, 2015
- Jurisdiction Delhi, India
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Annual Revenue
$701.11 K (USD)36.74as on Mar 31, 2024
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Net Profit
$-363.25 K (USD)25.29as on Mar 31, 2024
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EBITDA
$-563.61 K (USD)-37.75as on Mar 31, 2024
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Total Equity Funding
$8.25 M (USD)
in 6 rounds
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Latest Funding Round
$4 M (USD), Series A
Sep 25, 2023
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Investors
IndiaMART
& 36 more
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Employee Count
45
as on Mar 29, 2024
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Products & Services of Legistify
Legistify offers a comprehensive portfolio of products and services, including Contract Lifecycle, Matter Management, and IPR Tracker. 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.
Manages end-to-end contract processes for creation and tracking.
Tracks legal matters and automates stakeholder interactions.
Monitors intellectual property and detects potential infringements.
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Funding Insights of Legistify
Legistify has successfully raised a total of $8.25M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in September 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 Total Funding
- Total Rounds 6
- Last Round Series A — $4.0M
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First Round
First Round
(30 Jan 2016)
- Investors Count 37
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Legistify | Valuation | IndiaMART , Titan Capital | |
| Jul, 2022 | Amount | Seed - Legistify | Valuation | Cathexis Ventures | |
| Feb, 2022 | Amount | Seed - Legistify | Valuation | IndiaMART |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Legistify
Legistify has secured backing from 37 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IndiaMART, LetsVenture and Enrission India Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location | |
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Bro138 is recognized as a trusted online slot platform in Indonesia.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Legistify
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Legistify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Legistify Comparisons
Competitors of Legistify
Legistify 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 Thomson Reuters, Filevine, Mitratech, Elevate and Lawmatics, 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 |
Cloud-based legal management and data services are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based case management is offered for legal firms and professionals.
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| domain | founded_year | HQ Location |
Provider of solutions for third party risk management to banks
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| domain | founded_year | HQ Location |
Legal processes are streamlined by an enterprise management platform.
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| domain | founded_year | HQ Location |
Cloud based intake and marketing automation management software provider for law firms
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| domain | founded_year | HQ Location |
Legal matters are managed end-to-end with collaboration tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Legistify
Frequently Asked Questions about Legistify
When was Legistify founded?
Legistify was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Legistify located?
Legistify is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Legistify?
Akshat Singhal is the current CEO of Legistify. They have also founded this company.
Is Legistify a funded company?
Legistify is a funded company, having raised a total of $8.25M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.34M, raised on Jan 30, 2016.
How many employees does Legistify have?
As of Mar 29, 2024, the latest employee count at Legistify is 45.
What is the annual revenue of Legistify?
Annual revenue of Legistify is $701.11K as on Mar 31, 2024.
What does Legistify do?
Legistify was founded in 2015 in Noida, India, within the legal technology sector. A platform is provided for managing legal enterprises, focusing on dispute resolution through machine learning-enabled tools. Case tracking, alerts, automated workflows, litigation monitoring, lawyer onboarding and management, document handling, and intellectual property tracking are included in its services. Operations are centered on streamlining legal processes for businesses.
Who are the top competitors of Legistify?
Legistify's top competitors include Thomson Reuters, Filevine and Mitratech.
What products or services does Legistify offer?
Legistify offers Contract Lifecycle, Matter Management, and IPR Tracker.
Who are Legistify's investors?
Legistify has 37 investors. Key investors include IndiaMART, LetsVenture, Enrission India Capital, Titan Capital, and Bro138.
What is Legistify's valuation?
The valuation of Legistify is $28.42M as of Jul 2022.
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