Woolrych said Lawpath has seen an uptick in use during the pandemic as more companies rely on its team accounts, legal document collaboration features and e-signature tool to perform remote work. Other services include business registration plans that automatically set up a company, completes government and tax registration and manages ongoing legal and compliance tasks, and a lawyer marketplace. The company’s plans start at $29 AUD a month, and its most popular tier is the $89 per month “Legal Advice” plan, which includes unlimited 30-minute phone calls with a lawyer. About 40% of them work in online sectors, like e-commerce or the gig economy, and there has recently been an increase in professional service providers, like financial planners, accountants and other lawyers, signing up for the platform. Lawpath’s customers are typically businesses that make less than $5 million in revenue and have up to 20 employees. In addition to international expansion, the funding will also be used to double Lawpath’s current team of 40 people, especially for its product and software departments. Existing investors Adcock Private Equity and LegalZoom also returned for this raise. Participants in this round, which brings Lawpath’s total raised to $14 million AUD, include the Gonski family Adore Beauty chair Justin Ryan Sandbar Investments Ooh! Media and Readytech chair Tony Faure LegalZoom director Khai Ha and Bryant Stibel founding partner Gonzalo Troncoso. The company announced today it has raised $7.5 million AUD (about $5.5 million USD) to expand into new markets, including upcoming launches in New Zealand and Southeast Asia.įounded in 2013, Lawpath currently has about 230,000 users, and says it is used to help form 5% of new companies in Australia. Based in Sydney, Australia, Lawpath serves small businesses with services like legal documents, customized legal workflows, e-signatures, business registration and on-demand lawyers. With its subscription-based legal services platform, Lawpath wants to become the Asia Pacific’s LegalZoom (in fact, LegalZoom is one of its investors).
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