Legal Tech IPO

Nuix Set For $1.3 Billion Valuation Legal Tech IPO

2nd December 2020 artificiallawyer 0

Nuix, a company started 20 years ago in Australia and which is now a global player in eDiscovery and complex data investigations, looks set to finally list on the ASX this week in what is a rare IPO for the legal tech market. After some months of speculation the goal is to raise AUS$275.6m (US$203m) – which according to Australian experts gives the company a valuation of AUS$1.8 billion or US$1.33 billion.