Legal-Tech platform, Lawyered has secured a funding of $150k from India Accelerator’s iAngles in its latest pre-series round of $1Million.
Lawyered plans to use the investment to scale up its operations, technology, and marketing efforts while leading the industry with its newly launched product, LOTS.
LOTS, which stands for Lawyer On-The-Spot, is a cutting-edge technology solution that aims to disrupt the USD 300Bn logistics industry by providing a one-stop solution for on-road legal issues.
Lawyered plans to build an innovative solution using OpenAI to simplify legal challenges in the mobility sector. With this product, it aims to empower over 330Mn vehicles by resolving their on-road legal issues.
Mona Singh, co-founder, India Accelerator, said, “I’m excited to share that we’ve invested for the third time in Lawyered. We’ve watched Lawyered’s impressive growth from a Legal Marketplace to a consumer-focused legal products company that’s making legal services affordable and creating new markets. LOTS, their product for the mobility sector, is a game-changer, simplifying the solution for on-road legal challenges for the mobility. Lawyered’s innovative approach and deep understanding of legal challenges make them a standout in the industry. We’re proud to support them and believe they have the potential to become a legal industry leader.”
Himanshu Gupta, founder and CEO, Lawyered, said, “We are on a mission to revolutionize the legal industry with technology making it accessible and affordable for all. With our pre-series A funding round, we are excited to explore avenues for growth and expansion for our LOTS product. Our passionate team is committed to solving the legal challenges of industry-segment by segment and creating a level playing field for everyone. This is just the beginning of our journey to bring innovation to the legal industry.”
Launched in 2017, Lawyered is a Legal-Tech platform that aims to make legal services accessible and affordable to every individual, entity, and business. The company has built a PAN India network of over 55K verified lawyers covering every 50KM of the National Highway ensuring impeccable delivery to its customers.
It plans to onboard over 10 lac tracks within the next 18 months through its exclusive partnership with AITWA, India’s apex Transport Association.
Lawyered is now extending its LOTS product to cabs and other commercial vehicles too and have successfully tested the private vehicle market as well. This gives them a huge market of over 330Mn vehicles to be served and have the first mover advantage. They are making their solution plug-n-play for all the existing players in the mobility sector creating immense avenues of growth for everyone.