This article was published on December 7, 2012

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
Andrii Degeler
Story by

Andrii Degeler

Andrii is the Head of Media at TNW, with over a decade of experience in covering the European tech ecosystem. Talk to him about new and exci Andrii is the Head of Media at TNW, with over a decade of experience in covering the European tech ecosystem. Talk to him about new and exciting developments in tech, especially those involving vastly underreported industry niches and geographies.

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.

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.