Legal tech platform SeedLegals is expanding into Ireland, offering start-ups and investors a way to automate vital legal agreements for finalising funding rounds.
The company, which is based in Ormeau Baths in Belfast, is aiming to transform how companies start, grow and scale by making it easier and less expensive to create, negotiate and sign all necessary legal agreements. It offers a number of tools to help companies raise investment, incentivise teams with share options and manage cap tables.
SeedLegals has already worked with more than 25,000 start-ups in the UK, and made the decision to start business in Ireland following a significant rise in inquiries from businesses based here.
‘Disrupting’
"Ireland is a hotbed for innovative tech start-ups, representing a huge opportunity for SeedLegals. Until now, the legals surrounding setting up a business, and securing investment, have been complex, lengthy and costly," said chief executive and co-founder Anthony Rose. "We're disrupting the legal industry and changing the way companies start, grow and scale. Whether you're a founder or an investor, we make the funding process easy, saving users time, money and hassle."
Launched in 2017 by Mr Rose and his cofounder Laurent Laffy, the company offers a number of tools, including a cap table builder, contracts and agreements and share options schemes. It also offers an investor pitching and tracking solution, advanced subscription agreements, and EIS and SEIS approval for Irish companies raising funds from UK investors. Its SeedOptions scheme helps companies to attract talent, while the Fundraise feature provides a workflow for fundraising legal work.