Global News
App4Legal, an industry leading legal-tech company providing comprehensive Legal Practice Management and Contract Lifecyle Management solutions cross-industries and jurisdictions for any discipline, anywhere, announces a strategic seven-figure funding round led by UAE based Aditum Ventures, part of Aditum Investment Management Limited.
The new funds will primarily support App4Legal’s continual tech innovation especially in AI driven solutions and accelerate its growth across the lucrative European market.
App4Legal is currently the highest-ranking software editor for Legal Practice Management and Document Management on Gartner Capterra and various other review platforms, compared to 131 other global legal-tech solutions and based on 5 key criteria, Ease of Use, Functionality, Value for Money, Likelihood to Recommend, and Customer Support.
This opportune investment adds to another incredible period of exponential growth for App4Legal in its client portfolio and product offering, serving over 1,400 organizations including Banks, Telcos, Airlines, Governments and a diverse range of law firms across multiple industries in 67 countries.
Feras El Hajjar, Founder and CEO of App4Legal, said, “We are appreciative of Aditum’s management team for their trust and confidence in App4Legal’s dynamic legal tech solution and ambitious growth plans across Europe and beyond. Our mission is to transform the lives of legal professionals for the better and with every step App4Legal takes in today’s ever demanding and changing legal industry, 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.”
Lachlan Hughes, Head of Venture Capital at Aditum commented, “App4Legal’s impressive track record of growth and state-of-the-art legal-tech platform firmly positions it among the few SaaS companies in the legal-tech space that have true global potential. We believe this next step of its journey of establishing European operations is only the beginning of App4Legal’s vision.”
Lachlan Hughes, added, “Aditum is focused on investing in companies that have a strong management team, a scalable and dynamic digital service, international markets demand where they expand, and a solid plan for profitable growth in the future. We believe we have found this in App4Legal.”
Since its conception, App4Legal has achieved remarkable strides; cementing its presence globally with renowned partnerships in the MENA, North America and Europe with thousands of clients worldwide.
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