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HalloLex team | Image credit: LinkedIn (HalloLex)

North Brabant, the Netherlands-based HalloLex, a startup optimising legal services through digitalisation and automation (SaaS), announced that it has raised €500K in a fresh round of funding.

The legaltech startup says that the funds, raised from angel investors, will be used to further grow the company. 

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HalloLex founder, Bas van der Werf, says, “Especially in combination with the substantial investment, this is the confirmation that the market is asking for renewed services and that we are on the right track. With the investment we received this month, we want to make our services better and more accessible. We are also going to focus even more emphatically on automation, particularly Software-as-a-Service.”

A personal advisor for legal documents

Founded in 2019 by Bas van der Werf, HalloLex helps entrepreneurs with legal documents such as contracts, GDPR-agreements, and general terms and conditions.

The largest part of the business community in the Netherlands consists of self-employed people who generally do not use legal service providers because of the high costs. Through HalloLex, they get access to packages with all kinds of legal documents.

Van der Werf says, “Although we are strongly committed to digitalisation and automation, we are making a difference with our human approach. HalloLex always legally reviews the ordered document before storing it in the customer’s digital file, which is unique. Contracts with provisions that are contrary to the law are therefore a thing of the past for our customers. Our service is a balanced mix of data and human brainpower.”

HalloLex, which works mainly for freelancers and SMEs, now has fourteen people aboard, all with a legal background. With the fundraise, the startup is looking to onboard two in-house developers who will be engaged in the further development of proprietary software and the streamlining of digital dashboards and workflows. 

The startup says this will benefit white label environments for organisations that work a lot with legal documents. In this way, HalloLex connects lawyers to ICT professionals, with an applicable product and eventual process optimisation as its goal.

Innovation in the sector

According to the 26-year-old entrepreneur, the legal industry is in dire need of innovation. He says, “In our opinion, the sector innovates too little. HalloLex wants to optimise legal services by generating legally valid documents in a smart way. Not in jargon, so the average entrepreneur or employee has trouble understanding, but in plain language. Clear, accessible and refreshing: that is how we are.”