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Lexzur secures pre-series A investment from Betatron Venture Group and Dubai Angel Investors

  • ● Fast-growing platform serving over 1400 law firms and legal teams in Banks, Telcos and Airlines in over 67 countries
  • ● Funds to propel strategic growth plans across Asia and Europe
  • ● Transforming the legal industry with technology

November 19, 2020

UAE, Dubai– Lexzur, a Dubai based legal-tech entity providing complete legal practice management solutions to law firms and legal teams within organizations, announces it has secured investments from Hong Kong based Betatron Venture Group (Betatron) and Dubai Angel Investors (DAI), as part of Lexzur’s pre-Series A funding round.

This Pre-Series A investment adds to another incredible year of exponential growth for Lexzur in its client portfolio, serving over 1400 respected organizations including Banks, Telcos, Airlines, and a diverse range of law firms across all industries in 67+ countries.

The new funds will bolster Lexzur’s strategic growth plans across Asia and Europe.

Betatron is a venture capital fund and business accelerator that invests in scalable tech companies, supporting the rapidly growing ecosystem of new markets. The investment by Betatron follows Lexzur’s selection as one of only nine companies from over 2,500 global applications.

Matthias Knobloch, Managing Partner & CEO at Betatron said, “Our selection process is highly competitive; The companies we invest in have strong traction, are growing quickly and are led by a team which is ready to take the business to the next level and scale across several markets.”

Furthermore, DAI is the MENA region’s premier globally-focused seed and Series A micro-VC composed of experienced and passionate angel investors and partners in VC Funds, to executives of successful companies across the region.

Abdullah Mutawi, Co-founder & Chairman at DAI, said, “We are really excited about our investment in Lexzur and the opportunity to work with Feras and his team on addressing a major pain point in the legal industry. While Lexzur’s relevance has only increased with COVID-19 and the new work-from-home reality that many lawyers are living, Lexzur’s product suite serves as a boost to both private and in-house legal practices currently suffering from a highly fragmented legal tech ecosystem.  In addition to the innovative product suite solving real problems faced by lawyers, what really stands out with Feras and Lexzur is a solid and proven go-to-market and customer acquisition and retention strategy.   DAI’s strategy of deploying our money into companies that will achieve capital efficient scale and whose product is relevant on a global stage is very well served with this investment.”

Looking forward to future milestones, Feras El Hajjar, Founder and CEO of Lexzur concluded, “We are appreciative of Betatron and DAI’s trust and confidence in Lexzur’s dynamic management solution and growth plans. With every step Lexzur takes, it keeps three things in mind. Practicing with constant innovation, gaining the trust of our clients and transforming the narrative associated with the legal industry. We want to elevate the legal practice in a way which changes the life of a legal practitioner for the better.”

For more information please visit: www.lexzur.com

About Lexzur

Lexzur is a legal-tech software editor, providing a comprehensive legal practice management solution for all legal practitioners in any industry and available on both Cloud/Private SaaS & On-premises with modular features that answer the needs of the entire legal market of in-house legal teams and law firms. Established in 2015, Lexzur has since then provided services for over 1400 clients in over 67 countries. The software is fully GDPR compliant and highly secure with the ultimate technology and best practices.