About Legl
Legl is a company based in London (United Kingdom) founded in 2015 by Julia Salasky.. Legl has raised $25.01 million across 2 funding rounds from investors including Octopus Ventures, Backed and Samaipata. The company has 58 employees as of December 31, 2024. Legl offers products and services including Legl KYC & AML, Legl Pay, Legl Assist, Legl KYB, and Legl Source of Funds. Legl operates in a competitive market with competitors including Onit, Josef, KiteRa, Streamline and Tower, among others.
- Headquarter London, United Kingdom
- Employees 58 as on 31 Dec, 2024
- Founders Julia Salasky
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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 The Justice Platform Ltd
- Date of Incorporation 09 Apr, 2015
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$6.32 M (USD)0as on Dec 31, 2024
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Net Profit
$-4.59 M (USD)0as on Dec 31, 2024
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EBITDA
$-4.59 M (USD)0as on Dec 31, 2024
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Total Equity Funding
$25.01 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series B
May 17, 2022
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Investors
Octopus Ventures
& 7 more
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Employee Count
58
as on Dec 31, 2024
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Products & Services of Legl
Legl offers a comprehensive portfolio of products and services, including Legl KYC & AML, Legl Pay, Legl Assist, Legl KYB, and Legl Source of Funds. 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.
Software for identity verification, screening, and ongoing monitoring.
Tool for faster payments and reducing financial lock-up.
AI-powered summaries for customer due diligence checks.
System to unwind corporate structures for compliance.
Platform to assess and verify client fund sources.
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Funding Insights of Legl
Legl has successfully raised a total of $25.01M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in May 2022. 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 2
- Last Round Series B — $18.0M
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First Round
First Round
(11 Mar 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Legl | Valuation | Octopus Ventures |
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| Mar, 2021 | Amount | Series A - Legl | Valuation | Octopus Ventures |
| 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 Legl
Legl has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Octopus Ventures, Backed and Samaipata. 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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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Venture capital firm providing seed funding and community support to founders
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Founded Year | Domain | Location | |
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Samaipata is engaged in venture capital investments for 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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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 Legl
| 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 - Legl
| 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 |
Legl Comparisons
Competitors of Legl
Legl 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 Onit, Josef, KiteRa, Streamline and Tower, 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 |
Enterprise legal workflows are automated via cloud-based management software.
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| domain | founded_year | HQ Location |
Platform offering legal workflow automation software
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| domain | founded_year | HQ Location |
Workflow automation platform is provided for rule creation and management.
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| domain | founded_year | HQ Location |
Streamline is recognized for AI-driven supply chain planning software.
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| domain | founded_year | HQ Location |
Tower is focused on AI-powered due diligence solutions.
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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 Legl
Frequently Asked Questions about Legl
When was Legl founded?
Legl was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Legl located?
Legl is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Legl?
Julia Salasky is the current CEO of Legl. They have also founded this company.
Is Legl a funded company?
Legl is a funded company, having raised a total of $25.01M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.01M, raised on Mar 11, 2021.
How many employees does Legl have?
As of Dec 31, 2024, the latest employee count at Legl is 58.
What is the annual revenue of Legl?
Annual revenue of Legl is $6.32M as on Dec 31, 2024.
What does Legl do?
Legl was founded in 2015 in London, United Kingdom, as a cloud-based platform focused on legal workflow automation. Low-code tools are utilized to digitize internal processes, enabling real-time document signing and performance monitoring through dashboards. Services encompass payment management, due diligence, client relationship management, onboarding, compliance checks, KYC verification, document handling, manual automation, and identity recognition, primarily serving the legal sector.
What products or services does Legl offer?
Legl offers Legl KYC & AML, Legl Pay, Legl Assist, Legl KYB, and Legl Source of Funds.
Who are Legl's investors?
Legl has 8 investors. Key investors include Octopus Ventures, Backed, Samaipata, First Round Capital, and Carlos Gonzalez Cadenas.
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