Sprintlaw completes $1.2m cap raise
NewLaw firm Sprintlaw has secured over $1 million in its first equity capital raise.
Funding for the cap raise came from a collection of strategic angel investors, the firm said in a statement, and will be used to support its growth and development of proprietary tech solutions for the legal industry.
Following this funding round, Sprintlaw will continue its growth and expand its tech development, it said.
Firm co-founder Alex Solo said: “We’re excited to welcome our new investors on board as we enter our next phase of growth.”
“The funding will enable us to build on our success so far by investing in developing more innovative legal tech, improving our service offering and growing our client base.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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