About UnitedLex
UnitedLex is a company based in Overland Park (United States) founded in 2006 was acquired by CVC in September 2018.. UnitedLex has raised $6 million across 3 funding rounds from investors including CVC, Canaan and Helion Venture Partners. The company has 1,457 employees as of April 07, 2024. UnitedLex has completed 2 acquisitions, including LawScribe and iRunway. UnitedLex offers products and services including eDiscovery, Patent Search, Legal Invoice Review, and LexLoan. UnitedLex operates in a competitive market with competitors including Rocket Lawyer, Cimplifi, Belmont Knight, Case Companion and Attorney Shield, among others.
- Headquarter Overland Park, United States
- Employees 1457 as on 07 Apr, 2024
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Sectors
Professional & Legal Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Unitedlex Bpo Private Limited
- Date of Incorporation 10 Oct, 2006
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$19.87 M (USD)41.82as on Mar 31, 2022
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Net Profit
$7.07 M (USD)94.23as on Mar 31, 2022
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EBITDA
$7.14 M (USD)72.99as on Mar 31, 2022
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Total Equity Funding
$6 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
CVC
& 3 more
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Employee Count
1457
as on Apr 07, 2024
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Investments & Acquisitions
LawScribe
& 1 more
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Acquired by
CVC
(Sep 20, 2018)
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Products & Services of UnitedLex
UnitedLex offers a comprehensive portfolio of products and services, including eDiscovery, Patent Search, Legal Invoice Review, and LexLoan. 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.
Platform for electronic discovery and legal investigations processes
Service for patent analytics and portfolio optimization tasks
Tool for analyzing and managing legal spending efficiently
System for contract intelligence and repository management
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Software Development Team
34 people
Leadership Team
28 people
Senior Team
22 people
Legal and Compliance
12 people
Sales and Marketing
11 people
Human Resources and Administration
11 people
Finance and Accounting
9 people
Project Team
6 people
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Funding Insights of UnitedLex
UnitedLex has successfully raised a total of $6M across 3 strategic funding rounds. 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 3
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Series C - UnitedLex | Valuation |
investors |
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| Jul, 2008 | Amount | Series B - UnitedLex | Valuation | Helion Venture Partners , Canaan |
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| Jun, 2007 | Amount | Series A - UnitedLex | Valuation |
investors |
| 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 UnitedLex
UnitedLex has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include CVC, Canaan and Helion Venture Partners. 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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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Early to late-stage venture capital is invested in Indian sectors.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 UnitedLex
UnitedLex has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LawScribe and iRunway. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Intellectual property services are provided by iRunway to various clients.
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2006 | ||||
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Legal support and outsourcing services are provided to clients.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - UnitedLex
| 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 |
Unitedlex Comparisons
Competitors of UnitedLex
UnitedLex 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 Rocket Lawyer, Cimplifi, Belmont Knight, Case Companion and Attorney Shield, 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 services are offered to businesses and families.
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| domain | founded_year | HQ Location |
Offers eDiscovery, contract analytics, and legal operations for corporations and law firms.
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| domain | founded_year | HQ Location |
Cloud-based platform connecting clients and providers for legal services bidding.
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| domain | founded_year | HQ Location |
Case Companion delivers tech-enabled legal research services to support professionals efficiently.
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| domain | founded_year | HQ Location |
Tech enabled legal services
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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 Unitedlex
Frequently Asked Questions about UnitedLex
When was UnitedLex founded?
UnitedLex was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is UnitedLex located?
UnitedLex is headquartered in Overland Park, United States. It is registered at Overland Park, Kansas, United States.
Is UnitedLex a funded company?
UnitedLex is a funded company, having raised a total of $6M across 3 funding rounds to date.
How many employees does UnitedLex have?
As of Apr 07, 2024, the latest employee count at UnitedLex is 1,457.
What is the annual revenue of UnitedLex?
Annual revenue of UnitedLex is $19.87M as on Mar 31, 2022.
What does UnitedLex do?
UnitedLex offers services in the fields of litigation, electronic data discovery, document review, contract review and management, intellectual property, immigration and law firm support. Acquired LawScribe, a LPO company with office in Los Angeles, New York, and Gurgaon in Nov 2010. In June 11, Helion Venture Partners, Canaan Partners and Sequoia Capital have bought an 18.1 per cent stake in legal process outsourcing (LPO) company UnitedLex for 16m (Rs 73 crore) by acquiring co-founder Ajay Agrawals share. As of May 2017, Sequoia Capital has completely sold its holding in the company to Madison Capital.
Who are the top competitors of UnitedLex?
UnitedLex's top competitors include Rocket Lawyer, Attorney Shield and Fontis International.
What products or services does UnitedLex offer?
UnitedLex offers eDiscovery, Patent Search, Legal Invoice Review, and LexLoan.
How many acquisitions has UnitedLex made?
Who are UnitedLex's investors?
UnitedLex has 4 investors. Key investors include CVC, Canaan, Helion Venture Partners, and Sequoia Capital.
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