ⓘ Featured image: Feras El Hajjar, Founder & CEO of App4Legal
UAE-based legal-tech software editor, App4Legal, on Monday raised Pre-Series A funding from Betatron, a venture capital fund, and Dubai Angel Investors (DAI). The financials of the funding deal were undisclosed. The company said, that the fresh capital will be deployed towards boosting App4Legal’s growth plans across Asia and Europe.
Founded in 2015 by Feras El Hajjar, App4Legal provides a comprehensive legal practice management solution for all legal practitioners in any industry and available on both Cloud/Private SaaS & On-premises with modular features that answer the needs of the entire legal market of in-house legal teams and law firms.
App4Legal claims that it is serving over 1400 respected organizations including Banks, Telcos, Airlines, and a diverse range of law firms across all industries in 67+ countries.
Speaking of the development for App4Legal, Matthias Knobloch, Managing Partner & CEO at Betatron, in a statement said,
“Our selection process is highly competitive, the companies we invest in have strong traction, are growing quickly, and are led by a team which is ready to take the business to the next level and scale across several markets.”
Abdullah Mutawi, Co-Founder & Chairman at DAI, said,
“We are really excited about our investment in App4Legal and the opportunity to work with Feras and his team on addressing a major pain point in the legal industry. While App4Legal’s relevance has only increased with COVID-19 and the new work-from-home reality that many lawyers are living, App4Legal’s product suite serves as a boost to both private and in-house legal practices currently suffering from a highly fragmented legal tech ecosystem,”
“In addition to the innovative product suite solving real problems faced by lawyers, what really stands out with Feras and App4Legal is a solid and proven go-to-market and customer acquisition and retention strategy. DAI’s strategy of deploying our money into companies that will achieve capital-efficient scale and whose product is relevant on a global stage is very well served with this investment.”
Sharing his vision and milestones for App4Legal, Feras El Hajjar said,
“We are appreciative of Betatron and DAI’s trust and confidence in App4Legal’s dynamic management solution and growth plans. With every step App4Legal takes, it keeps three things in mind. Practicing with constant innovation, gaining the trust of our clients, and transforming the narrative associated with the legal industry. We want to elevate the legal practice in a way that changes the life of a legal practitioner for the better.”