Definely Raises $7M in Funding to Enhance Productivity Solutions and Expand Globally

Definely Raises $7M in Series A Funding

Key Highlights:

• Series A Funding: Legaltech company Definely secures $7 million in Series A funding.
• Investors: Octopus Ventures led the round, with participation from Cornerstone VC, Zrosk Investment Ltd., and angel investors.
• Productivity Solutions: Definely offers productivity solutions for lawyers, assisting with drafting, proofing, and understanding legal documents.

Definely's Target Market

• Law Firms and Legal Professionals: Targeting law firms and legal professionals globally, with a focus on the UK, US, Canada, and Australia.
• Large Companies and Corporations: Serving Fortune 500 companies and other large organizations in need of efficient legal document management.
• Global Expansion: Expanding operations and customer base in Europe, North America, Africa, Australia, and Asia.

What Definely Needs to Buy

• Product Development: Investing in research and development to enhance their productivity solutions and expand their offerings.
• Marketing and Sales Support: Engaging with marketing agencies and sales experts to reach and acquire new customers.
• Customer Success and Support: Building a strong customer success team to provide ongoing support and ensure customer satisfaction.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.