Co-founder of Legal Desk, Simon Eklund | Image credit: LinkedIn
Copenhagen-based Legal Desk, a startup that aims to be the leading provider of legal documents for businesses and consumers, announced on Monday that it has raised $3.3M (approximately €3M) in a Series A round of funding.
The round saw participation from a group of private investors, including Michael Haaning, former board member at Ellos Groups, Gina Tricot, and Unisport. With this investment, Haaning will join Legal Desk’s board of directors.
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Capital utilisation
The legaltech startup aims to digitise and automate the legal industry throughout the Nordics. It believes the industry is in dire need of democratisation as legal services and legal security have been limited to one who can afford them and who have time to meet with lawyers.
The proceeds from this round will help the company to expand into different geographies and take another step towards democratising legal services.
Legal Desk’s co-founder, Simon Eklund, told EU-startups, “The traditional legal services industry has yet to embrace technology when it comes to providing more standardised legal services. I think we are going to see platforms like ours play a much bigger role – also in interaction with the traditional law practices. Accounting, payroll and administration are clear examples of how digitisation has become a welcomed part of the practice, and we hope to see the same in our industry. We believe that we can become the primary platform for legal services throughout the Nordic region.”
In 2021, Legal Desk expanded its services in Sweden and is now looking to enter Scandinavia. It also plans to scale into Norway this year before heading to Finland in 2023.
Aims to make law easy and accessible
Founded in 2014 by Simon Eklund and Anders Lyager Kaae, Legal Desk believes that legal services should be simple, easily accessible and affordable. To this end, they have developed an online service that enables anyone to create legal documents themselves.
The documents are provided through online questionnaires in which the company asks users all the relevant information needed to create the document. Once the questions have been answered, the document is generated as a PDF document and a link is provided to the user.
The platform provides customers with legal services such as company establishment, employment contracts, wills and future power of attorney. It can all be done 24/7 and at the fraction of the cost of consulting a lawyer. Currently, over 135K users are registered on the platform.
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