Lupl has completed a USD 14 million funding round as it builds momentum for a 2021 launch. This investment round is in addition to the 11 million dollars raised prior to its beta launch. The overall funding is now in excess of 25 million dollars.
Lupl was introduced last year. Its matter synchronization software brings together all of the people, conversations, documents and data for legal matters in one place, which will change the way of working in the legal sector. Currently, Lupl is being beta tested. All corporate legal departments and law firms worldwide can use Lupl; any technology provider can integrate with it via open APIs. Lupl is being incubated through its development by a trio of international law firms, CMS, Cooley and Rajah & Tann Asia, working with input from an advisory board of 16 leading in-house lawyers from blue chip multinationals and the world’s fastest growing tech companies.
Public launch
Lupl has been in worldwide private beta testing since March 2020, supported by a group of leading law firms and corporations. Together, the group behind Lupl represents 10,000+ lawyers in 100+ jurisdictions. Over 500 companies in more than 50 countries are currently represented on its beta waitlist.
During the beta, many features have been added in response to user feedback. Amongst others, these features include a “Knowledge Hub”, which provides a global repository of matter and workflow templates. The Knowledge Hub is designed to help users operationalise legal knowledge and repeata-ble processes, whilst also offering a data and analytics dashboard surfacing real-time analytics about legal matters.
Lupl is on track for a wider public release commencing from 1 April 2021. The initial focus will be accelerating the onboarding of its participating organisations followed by a phased onboarding of legal departments and law firms.
Strengthened Management Team
Lupl has strengthened its management with Jeff Green as Chief Executive Officer, alongside Matt Pollins as Chief Commercial Officer. Cheryl Wilson Griffin has been appointed as Chief Customer Officer. By the end of this year, Lupl expects to have a team of more than 75 people.
Green joins Lupl following a 30-year career with leading consultancies during which he built and led businesses providing consulting and technology services to law firms, corporate legal departments and other clients.
Green: “I’m thrilled to be joining the team as we complete the final stages of beta testing and prepare for full launch later this year. Raising 14 million dollars from our investors re-flects the incredible momentum which Lupl has built up over the last nine months. I am excited about the continued growth of our team and community around this open industry platform that has the po-tential to transform the legal market for the better for all.”
I’m thrilled to be joining the team as we complete the final stages of beta testing and prepare for full launch later this year. Raising 14 million dollars from our investors reflects the incredible momentum which Lupl has built up over the last nine months. I am excited about the continued growth of our team and community around this open industry platform that has the potential to transform the legal market for the better for all.
To find out more about how Lupl works – watch this quick 90 second video.