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Sprintlaw expands to New Zealand
Australian online law firm Sprintlaw has expanded to New Zealand, after raising over $3.5 million in funding.
Lauren Croft
After being founded in Sydney in 2017, Sprintlaw has become one of the fastest-growing NewLaw firms — and on Tuesday (20 December), expanded to New Zealand via its new website, sprintlaw.co.nz.
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Over the past five years, Sprintlaw’s team of expert lawyers and legal technologists have assisted with 40,000 business legal inquiries in Australia and the UK. The firm secured its first million-dollar-plus capital raise in 2019, before expanding to the UK in 2021, after experiencing high growth in the Australian market — and also won the 2021 NewLaw Firm of the Year category at the Australian Law Awards.
The UK arm of the business has since achieved 240 per cent year-on-year growth and has built a base of over 400 clients. This year, Sprintlaw also revealed a new partnership with Annature to be its exclusive e-signing platform.
The firm raised a total of over $3.5 million in funding, and according to Alex Solo, Sprintlaw’s co-founder, Sprintlaw NZ offers a suite of fixed-fee legal packages and subscriptions to small businesses powered by award-winning, custom-built tech.
“The NZ economy is powered by small businesses, who make up 99 per cent of all businesses and employ 42 per cent of the workforce, yet most of these businesses lack easy access to affordable legal advice,” he said.
“Sprintlaw solves this problem with our tech-enabled model, which provides NZ small businesses and start-ups with affordable, tech-enabled legal services tailored to their needs. We’ve greatly enjoyed helping so many businesses grow in Australia and the UK, and we’re now excited to become part of NZ businesses’ journeys.”
