LawTrades

SoftwareSeries AAstoria, USlawtrades.com

Latest round

Series A

Last raised

Jan 2022

Total raised

$7.9M

Investors

6

About LawTrades

Founded in 2016 and based in Astoria, US, LawTrades specializes in connecting legal departments with freelance legal professionals.LawTrades offers a tech-enabled platform that connects legal departments with a curated network of on-demand legal talent, catering to diverse needs in the legal marketplace. The core services include flexible hiring solutions for corporate lawyers, paralegals, compliance professionals, and legal operations managers across various practice areas such as corporate law, intellectual property, labor and employment, and regulatory compliance. This platform enables clients, ranging from startups to Fortune 500 companies, to efficiently manage their legal work overflow, scale operations, and enhance their legal strategies through expert insights and resources.LawTrades generates revenue through a subscription-based model that allows client companies to access its platform and hire legal professionals on demand. Clients can choose from various pricing plans tailored to their specific needs, including options for hourly engagements and project-based contracts. The transactions typically involve direct relationships between the firm and its clients, where businesses pay for the services rendered by legal professionals sourced through the platform. LawTrades emphasizes cost-effectiveness by reducing traditional law firm rates, enabling companies to better manage their legal budgets while maintaining access to high-quality legal expertise.In January 2022, LawTrades, Inc. The company plans to utilize the funds to rebrand, expand into other professional categories, and hire personnel across product, support, and sales departments. Targeting expansion into new markets, LawTrades aims to establish a stronger presence in Europe and Asia by the end of 2023, enhancing its service offerings to meet diverse legal demands and client needs.

Who invested in LawTrades

6 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jan 14, 2022

    Amount

    $6M

    Investors

    Locked

  2. Seed

    Oct 28, 2016

    Amount

    $1.9M

    Investors

    Locked

Questions about LawTrades

Who invested in LawTrades?

LawTrades has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has LawTrades raised?

LawTrades has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did LawTrades last raise money?

LawTrades's most recent round on record is a Series A, in Jan 2022.

What does LawTrades do?

Founded in 2016 and based in Astoria, US, LawTrades specializes in connecting legal departments with freelance legal professionals.

Where is LawTrades headquartered?

LawTrades is headquartered in Astoria, US.

Which VCs invest in companies like LawTrades?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at LawTrades's stage. Their profiles are linked below.

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