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Nextlaw Labs

2300 Geng Rd # 200, Palo Alto, CA, 94303, United States

Overview

Nextlaw Labs is a global collaborative innovation platform focused on developing, deploying, and investing in new technologies and processes to transform the practice of law around the world. Their goal is to create an innovation ecosystem that brings together external and internal sources of innovation, to incubate legal services innovations and accelerate their deployment into the marketplace. This opportunity requires a new and different structure that will represent the disruptive cutting edge of legal professional services.

Total investments
4
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • ROSS Intelligence

    Participated · Series A · Oct 2017

    ROSS Intelligence uses a combination of proprietary deep learning and off-the-shelf tools (including IBM Watson for some NLP) to augment keyword search and surface more relevant case-law results. Its core product helps legal teams and firms sort through case law faster and with higher relevancy; Bluehill benchmarking cited in the article indicates ROSS finds about 30% more relevant information in less time. The company says workflows that previously took a week can now take two to four hours, and it trains models using a corpus developed with roughly 20 law firms. ROSS currently offers products for bankruptcy and intellectual property law and plans to expand into other practice areas such as labor and employment while moving downmarket to serve smaller firms. Founded in 2015 at the University of Toronto, ROSS was built by Andrew Arruda, Jimoh Ovbiagele and Pargles Dall’Oglio. Financially, the company announced an $8.7 million Series A to accelerate scaling and product development; it previously raised a $4.3 million seed round also led by iNovia Capital.

  • Libryo

    Participated · Seed · Oct 2017

    Libryo builds an automated, cloud-based legal database and compliance platform that helps organisations know and track applicable law across jurisdictions. Its software offers five modules, including the recently launched Libryo Assess, to provide tracking, customised legal registers, collaboration tools, document storage and search capabilities. The product is aimed at multi-jurisdictional organisations seeking to manage Environmental, Health & Safety (EHS) regulatory requirements. Libryo serves over 400 customers and 15,000+ users across more than 75 countries, and its team spans 10 countries across seven time zones. With the new funding, the company is focusing on delivering EHS law to industries such as energy producers, mining and metals, apparel and supply chains, FMCG, and waste & recycling, and on strengthening partner integrations with IsoMetrix, Rubicon and CleanChain. Libryo was founded in 2016 and is headquartered in London. Libryo provides a SaaS-based legal-technology platform that helps businesses identify their legal obligations and locate relevant regulatory information. Its solutions are used by compliance professionals and in-house lawyers globally. The company is co‑founded by Garth Watson, Malcolm Gray and Peter Flynn. Libryo is based in London, UK and Cape Town. In February 2017 the company raised $1m in seed funding. It intends to use the funds to continue expanding operations and grow its business reach globally. Libryo offers a Software-as-a-Service dashboard that lists legal obligations tailored to customers’ needs, enabling any employee to understand legal requirements in any situation. Its custom legal registers are used by customers and partners within ISO-certified management systems and for compliance with applicable regulations. The company is led by Peter Flynn, Garth Watson and Malcolm Gray and is based in London, UK. Libryo raised a seed funding round (amount undisclosed) to continue developing its platform and to expand operations. The startup will also receive training and mentorship as part of a joint global callout run by its investors to identify top legal tech startups. No operating metrics or revenue figures were disclosed in the article.

  • Doxly

    Participated · Seed · Sep 2016

    Doxly is an Indianapolis-based next-generation legal transaction management software platform led by co-founder and CEO Haley Altman. Its cloud-based product accelerates diligence, closings and signature collection through automated workflows, intelligent diligence and closing checklists, document-level collaboration, transaction analytics and corporate practice management tools. Launched earlier that year, the platform is already being used in multiple cities and sectors, including the venture capital and legal industries. Doxly closed a $2.25M seed funding round. Backers included Nextlaw Labs through its investment fund Nextlaw Ventures, High Alpha Capital and Hyde Park Venture Partners, and the company plans to use proceeds to scale its technology and accelerate hiring in product development, engineering, sales and marketing. It will begin implementing its transaction management platform with Dentons as a customer in the coming months.

  • Apperio

    Participated · Seed · Mar 2016

    Apperio provides a legal spend management platform that aggregates and analyses historical and current legal spend, including law firm work-in-progress (WIP) and accruals. The platform offers matter tracking, a single dashboard for in-house counsel, streamlined invoice approval workflow, and real-time budget-threshold alerts that enable conversations with law firms before budgets are exceeded. The company reports more than 250 global law firms connected to its platform. Led by CEO Nicholas d’Adhemar and non-executive chairman David Eldridge, Apperio plans to use new funds to further develop its product for corporate counsel and accelerate expansion into the U.S. market. The round brought Apperio’s total funding to date to $19.9m. The company is based in London, UK. Apperio is a London-based legaltech company offering real-time visibility into corporate legal spend. Its cloud application automatically ingests daily data from law firms to track billed and unbilled hours, run analytics, and monitor law-firm performance without requiring administration or behavior change. Founded in 2013 by Nicholas d’Adhemar, the company has a team of about 20 and serves FTSE 100 and private clients including Just Eat and Network Rail. Apperio raised $10m in a Series A to fund growth. The company intends to use the funds to grow across all areas, with a particular focus on Commercial and Customer Success to support international expansion. Apperio is a London-based real-time fee tracking platform for legal firms and their clients. The company’s smart-analytics platform gives law firms and businesses real-time transparency on legal fees. It offers an interface that creates a common language for law firms and clients, enabling communication of progress and billing and identifying areas for improved efficiency. Following a £1.7m seed round, the company plans to use the funds to expand its team and further develop its solutions. Led by founder and CEO Nicholas d’Adhemar, Apperio previously won Seedcamp 2013 and has received angel funding from Stephen Chandler, Jan Reichelt and Andy Phillipps.

Team

No current team members are available.