As a member of the Brummie* diaspora, Artificial Lawyer is proud to announce that NVM Private Equity (NVM) has invested $4m (£3.1m) of growth capital into Birmingham, UK-based Clarilis, a drafting automation pioneer.
Co-founded by James and Kevin Quinn in Birmingham, one of the key centres of the first industrial revolution, Clarilis launched its document automation solution in 2015. The business combines a proprietary technology platform with an internal team of experienced lawyers and automation staff.
Over the past two years Clarilis has built relationships with major UK and US law firms, partnering with them to increase the speed of their drafting whilst maintaining quality and consistency, they said. Some of their clients include: RPC, Baker McKenzie, Addleshaw Goddard, Travers Smith, and Gately PLC, the publicly listed English law firm.
Tim Levett and Jason Warren led the investment for NVM and Levett joined the Clarilis board.
Co-Founder of Clarilis, James Quinn, said: ‘Our partnership with NVM is a significant step in furthering our reach in both the in-house and private practice markets. We look forward to working with NVM to accelerate our growth whilst maintaining our focus on quality.’
While Tim Levett, Chairman of NVM, added: ‘We were impressed by Clarilis’ approach of combining a skilled internal legal team with powerful automation technology to provide a comprehensive solution for their customers… we are very much looking forward to working alongside the team during the next phase of growth.’
So, there you go, there is legal tech startup life North of the Watford Gap. And great to see Birmingham getting back to its industrial roots, though this time in relation to the fourth industrial revolution.
( * for readers outside the UK, Brummie is an affectionate slang term for someone from Birmingham, the 2nd largest city in the country. Picture credit: photography taken by Christophe.Finot, via Wikipedia, under Creative Commons.)
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