Legalplace investment from Afir & Day One

LegalPlace completes a series A from Afir & Day One to automate contracts and legal proceedings

Created in 2016, LegalPlace is aimed at individuals and businesses that don’t have the means to create their own legal department. The startup enables them to automate their contractual production, whether it is commercial rights (relationship with customers and partners), real estate or "corporate" (employment contract, capital increase, statutes ...).

Since its first round of seed funding at the end of 2017, for a total of € 1 million, LegalPlace claims growth multiplied by 7 and has doubled its workforce from 25 to 50 employees, mainly engineers, "digital " profiles and experienced lawyers.

The 6 million euros of Series A will be used to recruit twenty people by the end of 2019, especially "digital" profiles, to strengthen the R & D management of the company, to allow it to offer a wider range of automated solutions, and thus address more complex issues, including legal issues surrounding human resources. The rapid and perpetual evolution of regulation, a nightmare for companies, is seen as an opportunity for LegalPlace.