Online legal startup Avtal24 secures $1.5m, as it expands beyond Sweden as Agreement24

Online legal startup Avtal24 secures $1.5m, as it expands beyond Sweden as Agreement24

Stockholm-based online legal service provider Avtal24 has landed SEK 10 million ($1.5 million) in a funding round led by Swedish venture fund Industrifonden.

The company, which launched its international version Agreement24 in the UK in June, is planning to use the funding to expand in and beyond its home country, Sweden.

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Avtal24 provides users with all kinds of legal services and advice, including help with wills, gift deeds and stockholder agreements. Apart from Web, the company offers its services by phone.

The company was founded in 2004, while its online service went live in 2007. Earlier in 2012 Avtal24 introduced the version 2.0 of its platform.

It’s Avtal24’s second investment round, with the previous one received in 2011 from Swedish business angel Sven Hagströmers.

Image credit: Getty Images.

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