LegalPay Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
64
- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$1M
- Investors
-
13
LegalPay General Information
Description
Operator of a tech-driven investment platform intended to ease the financial burden of litigation cases. The company's platform provides a massive investor network with access to flexible and innovative investment products to modernize portfolios by including asset-backed alternatives, enabling investors to get opportunities to invest and get timely returns.
Contact Information
Website
www.legalpay.inCorporate Office
- 5th Floor, Wing A, Statesman House 148, Barakhamba Road
- Connaught Place
- New Delhi, Delhi 110001
- India
Corporate Office
- 5th Floor, Wing A, Statesman House 148, Barakhamba Road
- Connaught Place
- New Delhi, Delhi 110001
- India
LegalPay Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series A) | 11-Dec-2021 | $1M | Completed | Generating Revenue | ||
| 2. Early Stage VC | 25-Jun-2021 | Completed | Generating Revenue | |||
| 1. Seed Round | 24-May-2021 | $4.41K | $4.41K | Completed | Generating Revenue |
LegalPay Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Ordinary | ||||||||
| Ordinary | 495 | $0.136446 | $6.06 | $6.06 | 1x | $6.06 | 1.91% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
LegalPay Comparisons
Industry
Financing
Details
LegalPay Competitors (1)
One of LegalPay’s competitors is LexShares, a Private Equity-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LexShares | Private Equity-Backed | New York, NY |
LegalPay Signals
LegalPay Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Aeroflex Enterprises | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Amity Innovation Incubator | Not-For-Profit Venture Capital | Minority | ||
| Hedonova | Hedge Fund | Minority | ||
| Hyderabad Angels | Angel Group | Minority |
LegalPay Investments (1)
LegalPay’s most recent deal was a Corporate with Padmalaya Finserve. The deal was made on 24-Jan-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Padmalaya Finserve | 24-Jan-2023 | Corporate | Other Financial Services |
LegalPay FAQs
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When was LegalPay founded?
LegalPay was founded in 2019.
-
Where is LegalPay headquartered?
LegalPay is headquartered in New Delhi, India.
-
What is the size of LegalPay?
LegalPay has 64 total employees.
-
What industry is LegalPay in?
LegalPay’s primary industry is Financial Software.
-
Is LegalPay a private or public company?
LegalPay is a Private company.
-
What is the current valuation of LegalPay?
The current valuation of LegalPay is .
-
What is LegalPay’s current revenue?
The current revenue for LegalPay is .
-
How much funding has LegalPay raised over time?
LegalPay has raised $1.4M.
-
Who are LegalPay’s investors?
Aeroflex Enterprises, , Amity Innovation Incubator, Hedonova, and Hyderabad Angels are 5 of 13 investors who have invested in LegalPay.
-
Who are LegalPay’s competitors?
LexShares is a competitor of LegalPay.
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