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Lexoo
Flexible legal outsourcing
- 1-20 employees
- B2B
- Productivity
- Legal
- SaaS
- Outsourcing
- 12 Ebenezer Street, Unit 16, London, England N1 7RP, GB
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Company mission
Making life easy for legal departments.
56% female employees
Otta's take
Sam Franklin
CEO of Otta
Lawyers have traditionally been a part of a large practice or worked in-house for companies. There is now a trend for lawyers to want to work on their own terms, for themselves or smaller firms. Lexoo saw this opportunity and created a marketplace for businesses to post requests for legal support.
The company differs through the way it incorporates tech into its business by allow businesses to tender out legal work to rapidly product multiple quotes. As a smaller firm, it also attracts lawyers who have left larger companies for various reasons in order to find a job that better suits their needs.
A challenge is to keep transactions on the marketplace. If a customer wants to consistently work with a lawyer they found on Lexoo, it may be cheaper to bypass the marketplace. To help solve this, Lexoo is building technologies to make the experience better (e.g. contract drafting).
Benefits
- Allowance for learning and development
- Monthly in-office massage
- Annual offsite weekend
- Expense any work-relevant books you need
- 25 days holiday (excl. bank holidays)
- Work from home opportunities
Company values
- We believe in continuous growth and improvement, not perfection (head)
- We remember that we’re all human (heart)
- We get our hands dirty (hands)
Funding (last 2 of 4 rounds)
Sep 2018
$3.6m
SERIES A
Apr 2017
$0.6m
SEED
$5.9m
Total funding
This company has top investors
Founders
Six years experience as a finance and M&A lawyer at De Brauw.
Chris O'Sullivan
(CTO)Nine years experience as a developer, including roles at BBC and Forward Partners.