About Legit
Legit is a company based in London (United Kingdom) founded in 2017 by Drazen Orescanin and Marijan Bracic. It operates as a SaaS (Software-as-a-Service), and Professional Services. Legit has raised $716.94 thousand across 1 funding round from investors including Vesna Capital. Legit offers products and services including Data Privacy Manager, Personal Data Discovery, Consent and Preference Management, Data Removal Orchestration, and State of Privacy Assessment (SOPA). Legit operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
- Headquarter London, United Kingdom
- Founders Drazen Orescanin, Marijan Bracic
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Legit Software D.O.O.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$716.94 K (USD)
in 1 rounds
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Latest Funding Round
$716.94 K (USD), Seed
Sep 11, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Legit
Legit offers a comprehensive portfolio of products and services, including Data Privacy Manager, Personal Data Discovery, Consent and Preference Management, Data Removal Orchestration, and State of Privacy Assessment (SOPA). 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.
A platform for automating data privacy compliance processes.
Tool for discovering and classifying personal data efficiently.
Solution for streamlining consent management and building trust.
Automated tool for managing data retention and compliance.
Assessment service for evaluating data protection practices thoroughly.
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Funding Insights of Legit
Legit has successfully raised a total of $716.94K through 1 strategic funding round. The most recent funding activity was a Seed round of $716.94 thousand completed in September 2024. 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 1
- Last Round Seed — $716,944
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First Round
First Round
(11 Sep 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2024 | Amount | Seed - Legit | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Legit
Legit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Vesna 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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Vesna Capital is focused on investing in deep tech startups.
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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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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 Legit
| 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 - Legit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Legit Comparisons
Competitors of Legit
Legit 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, 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.
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Integrated digital marketing campaigns are developed and executed across channels.
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Software development services are provided by Unicorn in Prague.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Platform offering digital textbooks for students
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Legit
When was Legit founded?
Legit was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is Legit located?
Legit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Legit?
Marijan Bracic is the current CEO of Legit. They have also founded this company.
Is Legit a funded company?
Legit is a funded company, having raised a total of $716.94K across 1 funding round to date. The company's 1st funding round was a Seed of $716.94K, raised on Sep 11, 2024.
What does Legit do?
Legit is established as a fast-growing EU-based RegTech company focused on privacy and personal data protection. Advanced technologies are developed by the company to assist businesses in achieving compliance by design in the digital world. Solutions such as Data Privacy Manager, a leading privacy automation platform, are provided alongside services like data discovery, consent management, and privacy assessments. The application of AI in privacy protection is also explored, with new concepts and proprietary technologies being created. The company operates in the technology sector, specifically targeting RegTech challenges related to data privacy.
Who are the top competitors of Legit?
Legit's top competitors include RedShelf, Unicorn and Hedgehog lab.
What products or services does Legit offer?
Legit offers Data Privacy Manager, Personal Data Discovery, Consent and Preference Management, Data Removal Orchestration, and State of Privacy Assessment (SOPA).
Who are Legit's investors?
Legit has 1 investor. Key investors include Vesna Capital.
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