Elevator Pitch: Communications powers legal activities. Llabo, an intuitive legal communications platform developed by some of the most experienced innovators in legal technology, eliminates many of the communication challenges that get in the way of a legal firm’s success. Video meetings, task management, e-signature, cloud solution, full document editor and a dedicated secure communication channel to prevent information and communication silos.
What makes you unique or innovative? Llabo was designed to overcome common implementation challenges using the elegance of simplicity. Because it’s browser-based, there’s zero implementation. It’s a solution that’s ready to use at the first sign-on. Llabo is designed to be a one-stop shop for legal world that is accessible from anywhere, anytime. It’s designed to facilitate legal communication between legal teams, firm management, and the customer in a way that puts simplicity first.
What problem do you solve? Success in the practice of law is built on communication and collaboration. Technology enables meetings, phone calls, task management, and document collaboration. The problem is that most of these applications are stand-alone, not integrated and weren’t built specifically for the legal industry. Llabo has built a secure, cloud-based legal software that is designed with interoperability in mind.
Your competitors? Llabo is a new category. It is not case management software and it is not a document tool. It is a one stop shop platform that, after a long research, curated what legal teams need. As it includes many tools it can view many as partial competitors: one category would be the case management players and the other category would be the specific tools we provide like Monday, Slack, Zoom, DocuSign and the like.
Demo video: https://www.youtube.com/watch?v=a2wDARYKFmE
Founded: 4/27/2022, Tel Aviv, Israel
Target customer. Small – Medium law firms
Price. $49 per user per month. Clients are always free
Expected 2022/2023 gross revenue? N/A.
Number of users/paying customers? N/A.
Traction to date. we have partnered with the Israeli bar to offer our product to all members. We see a month over month growth of 50% in Users and 30% in revenue. We see close to 100% growth month over month in our website visits and usage (new tasks created, new users, video call and signed documents). Our strategy is to partner with software providers so we can focus on the core experience and allow our users to keep the software they currently work with, our first integration was with iManage. Office 365, Dropbox, Clio and Google Drive are in our pipeline.
Plan for growth over next five years. Our growth strategy is focused on 3 avenues:
- Integration partners – adding more and more integrations to maximize the use of the platform as well as the marketing opportunities.
- Organic growth – We are focusing on creating a sticky product and by inviting our users to invite as many clients as they wish without cost we are spreading the word rapidly.
- Working globally – our biz dev and sales efforts are not focusing only on one region, we have open discussions with firms all over the world.
Outside funding. Less than $1M in outside funding
Describe any ways in which your company is diverse or promotes diversity. Our team is 50% female including the CEO, we promote diversity by being global and by being supportive of our employees needs and desires.