Exizent, a Glasgow-based ‘death tech’ and legal tech company, that helps with the probate process, has raised £3.6m from a group of investors that includes FNZ, a financial services platform. The company will also be joining the fast growing FNZ OpenPlatform App Store to reach more customers.
It helps law firms and banks handle the array of data used in the probate process, helping people to gather and organise key information to speed the movement of property and other assets to inheritors.
Meanwhile in Ireland, Bundledocs, which is based in Cork, has raised around £550,000 (€600,000) in funding from Enterprise Ireland and a number of private investors.
Bundledocs organises documents into numbered, indexed and sectioned ‘booklets’ – which can then be used digitally (or if you still use printers, you can print them out, which perhaps is useful for people still physically attending a court or client meetings).
Once again the news shows that money is flowing for legal tech and adjacent areas.
As for Exizent, Founder and CEO, Nick Cousins, said: ‘We believe the administrative tasks facing families after the death of a loved one should be far easier, and that modern technology solutions and services can make this a reality.
‘We have spent the last 18 months carefully designing, developing, and testing our product with innovative partners, and look forward to launching the platform to legal services professionals later this year.’
And, Bundledocs CEO, Brian Kenneally, added: ‘[This] marks a real step change for us as a company. We started out with a small team and I am very proud of the tremendous amount we have achieved to date. The last two years has seen Bundledocs scale rapidly. Our client base has grown to include many of the world’s Top 200 law firms, as well as in-house Government departments in the UK, Australia, Ireland and the US.
‘With this funding, we can now accelerate that growth, strategically building out our global team in our key markets. We recently opened an office in Sydney and with the help of Enterprise Ireland, we will be expanding our presence across Asia-Pacific.’
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