A $7 million Series A investment round was secured by Definely, a legaltech startup located in London, UK, that aims to simplify the reading, editing, and comprehension of legal documents.
Investors
- Octopus Ventures
- Cornerstone VC
- Zrosk Investment Ltd.
- Claire Hughes Johnson
- Comron Sattari
- Ajay Patel
- Babatunde Soyoye
- Octopus Ventures partner Edward Keelan joined the boards of Zrosk Investments and CRE Venture Capital.
Use of funds
The money will be used by the business to increase operations and development initiatives.
About Definely
Under the direction of CSO Feargus MacDaeid and CEO Nnamdi Emelifeonwu, Definely offers productivity tools that aid attorneys at every pre-execution step of the contract lifecycle. The company helps clients swiftly prepare, proofread, and comprehend legal papers. The company, which employs more than 60 people worldwide, is presently concentrated on growing its current customer base of 40,000, which consists of the biggest corporations and legal firms in the US, UK, Canada, and Australia. Currently operating in Europe, North America, Africa, Australia, and Asia, Definely’s clientele consists of law firms and Fortune 500 businesses including Barclays, Eversheds, DLA Piper, Ericsson, Allen & Overy (formerly A&O Shearman), and others.
