NEXL achieves Series Seed capital raise

By Naomi Neilson|17 March 2020
Herbert Smith Freehills

NEXL has secured a Series Seed capital raise with assistance from Herbert Smith Freehills.

Firm: Herbert Smith Freehills (NEXL)

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Deal: Herbert Smith Freehills’ venture capital team has advised NEXL on its Series Seed capital raise.

Value: Undisclosed.

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Area: Venture capital.

Key players: The team was led by head of venture capital Peter Dunne, who was assisted by solicitor Myra Beal.

Deal significance: NEXL is an Australian technology company that provides cloud-based software to help law firms expand on their referral network and provide global services to clients. The round was led by Australian venture capital firm Investible.

Mr Dunne said: “It’s fantastic to see great innovation in the legal industry. We have enjoyed working with NEXL founder Philipp Thurner and his team, and being part of the company’s journey.”

NEXL achieves Series Seed capital raise
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