LegalOn Technologies
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 9.1m | 35.0m |
% growth | - | 284 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
JPY80.0m | Seed | ||
JPY500m | Seed | ||
JPY40.0m | Series A | ||
JPY1.0b | Series B | ||
JPY3.0b | Series C | ||
N/A | JPY1.5b | Late VC | |
* | JPY13.7b | Series D | |
Total Funding | CAD208m |
Recent News about LegalOn Technologies
EditLegalOn Technologies, Inc. is a Tokyo-based startup that operates in the legal tech industry. Founded in 2017, the company develops and provides software related to legal operations, with a focus on contract review and management. Its primary offering is an AI-powered contract review platform that allows legal professionals to review and manage contracts more efficiently and accurately. This platform is part of LegalOn's AI-enabled Contract Management Suite, which helps companies manage and extract information from their contracts.
In addition to its contract management suite, LegalOn also offers an online legal learning system. This system provides video explanations from lawyers on a range of topics, from basic corporate legal work to the latest legal revisions. The aim is to support legal organizations and staff in strengthening their practical knowledge and skills.
LegalOn also provides a Q&A collection for small and medium-sized business presidents, where attorneys with expertise in corporate law provide answers to various questions and problems encountered in their roles as company leaders.
The company's business model is likely based on a subscription or usage-based fee for its software services. As of August 1, 2022, the company has a significant number of companies with paid accounts for its contract review service, according to a survey by Tokyo Shoko Research, Inc.
LegalOn Technologies, Inc. has a capital stock of ¥17.85 billion (including capital reserve) as of June 2022 and has a subsidiary in the United States.
Keywords: Legal Tech, AI-Powered Contract Review, Contract Management Suite, Online Legal Learning, Corporate Law, Small and Medium-Sized Businesses, Subscription-Based Business Model, Tokyo-Based Startup, Legal Operations Software, LegalOn Technologies.