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NEXL achieves Series Seed capital raise

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

user icon Naomi Neilson 18 March 2020 Big Law
Herbert Smith Freehills
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Firm: Herbert Smith Freehills (NEXL)

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

Value: Undisclosed.

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.”

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Naomi Neilson

Naomi Neilson

Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly. 

You can email Naomi at: This email address is being protected from spambots. You need JavaScript enabled to view it.

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