Result description
- Increase recovery rates of unpaid invoices up to 80% while decreasing costs by 30%
- +850 users registered on the platform
- 2024 Best Legal Tech Platform in Romania Award
- 640K euro raised in funding
- 1 IP registration in RO and EU
- Top 5 Romanian startups partnered with large commercial banks
- Top 10 at World Pitch Contest, B2B Rocks 2024, Paris
- Top 10 Romanian startups selected to pitch & expo at 2023 SelectUSA, Washington DC, USA
- Top 25 EU startups selected for Vodafone pilot program
- Top 100 world startups selected to pitch & expo to 2023 StartUp Grind Global Conference in Silicon Valley, California, USA
Addressing target audiences and expressing needs
- Grants and Subsidies
- Expanding to more markets /finding new customers
- Business Angels
As a pre-seed legal tech startup we are raising a €1M round to drive growth and expand market reach across the EU. Funds will be used to scale the product, grow the team, and accelerate go-to-market efforts in key EU regions. We are actively seeking strategic investors who can offer market access as well as key customers in the EU to support traction. This round is focused on building a strong foundation for rapid growth. Over the next 5 years, we want to turn QuickLegal into the AI solution that covers over 90% of a company’s legal needs, operates globally, and reaches 23M euro in revenue.
- Public or private funding institutions
- Other Actors who can help us fulfil our market potential
- Private Investors
R&D, Technology and Innovation aspects
Over the past 7 months, we’ve validated our solution in the market through successful testing with early adopters (+850 users) and secured our first paying customers. We’re now preparing to launch a pilot with Vodafone Portugal, aiming to evolve QuickLegal into a corporate-grade debt collection solution. Our next focus is on scaling across additional EU markets and expanding our customer base.
QuickLegal is built around personalised recovery flow modules within a cloud-based platform, making it easy to scale across industries and geographies. Its flexible architecture allows seamless integration with existing ERP and CRM systems, while legal workflows can be quickly adapted to local requirements. At the EU level, a harmonised legal framework for cross-border debt recovery (European Payment Order), enables our solution to support compliant and efficient pre-legal collection across multiple jurisdictions. This positions QuickLegal for rapid expansion into new EU markets, serving both mid-sized companies and large enterprises.
QuickLegal stands out because we combine advanced technology, deep legal expertise, and workflows designed with the user in mind. Our solution was created by lawyers with over 25 years of experience in the legal services industry, and assists companies from with the collection process from the first notice up to the court claim, but we’ve always kept the customer’s needs and experience at the heart of what we do. Our goal is to make QuickLegal the AI solution that handles over 90% of a company’s legal needs via AI agents. The innovations we’ve built could easily be patented, providing us with strong protection against competitors.
QuickLegal is built with sustainability in mind, both for the environment and for businesses. By digitizing the debt recovery process, we eliminate the need for paper, cutting down on waste. Our cloud-based platform is scalable, helping businesses of all sizes save time, reduce costs, and stay compliant with ever-changing regulations. We automate the recovery process in an ethical, non-aggressive way that keeps client relationships intact, allowing businesses to improve cash flow and maintain long-term stability. In short, QuickLegal helps companies run more efficiently and responsibly, while also being mindful of their environmental and social impact.
- Middle-East
- United Kingdom
- Europe
- United States
