Domestic legal tech company Law & Company (CEO Kim Bon-hwan) announced on the 15th that it recently attracted a total of 50 billion won in investment through its Series C-2 round.
IMM Investment, Daesung Venture Investment, Shinhan Venture Investment, and KDB Industrial Bank participated as new investors in this investment, while existing investors Smilegate Investment, Premier Partners, Coolidge Corner Investment, and JW&Partners also participated in follow-up investments. In addition, Atium Investment, DSC Investment, and SBVA participated by acquiring existing stocks, and SBVA joined as a new investor through this round.
An official from IMM Investment said, “LegalTech is a market with high initial entry barriers, and the structure allows leading companies to dominate the market,” adding, “Law & Company has already secured an unrivaled position in the domestic market, and has also proven its competitiveness in AI-based services, so it has high potential for future growth.”
Law & Company is continuing to achieve steady growth in its main services, including the AI-based legal service 'Super Lawyer' launched last year, the legal portal 'Rotalk', and the integrated legal information service 'Big Case'. Super Lawyer achieved performance in the top 5% in the multiple-choice questions of the domestic bar exam, proving its high performance compared to similar domestic and foreign services.
CEO Kim Bon-hwan said, “This investment attraction was made based on trust in Law & Company’s technological prowess and market performance,” and added, “We will strive to not only contribute to the growth of the domestic legal tech industry, but also to demonstrate the competitiveness of Korean legal technology on the global stage.”
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