Gurugram-based legal tech startup MikeLegal on Friday announced that it had raised an undisclosed seed round from US-headquartered venture capital firm SOSV and Australia-based VC firm Artesian.
MikeLegal claims that it is already working with 100+ companies ranging from various Tier I law firms and corporates such as Reliance Industries, Pidilite, Bharti Airtel, Hero MotoCorp, Sun Pharmaceuticals, and Bajaj Finance to name a few.
The startup said the funds will be used to ramp up its product and sales team and to scale its operations to other legal domains and geographies.
“Legaltech as an industry is still at a nascent stage in India and we believe there is a huge opportunity to disrupt the space. Having a large VC accelerator like SOSV and a company like Artesian backing us allows us to achieve our vision faster,” says Anshul Gupta, Co-founder and CEO of MikeLegal.