What is Logikcull?
Logikcull operates as a cloud-based provider of eDiscovery software, designed to streamline and solve intricate discovery problems for legal professionals. Its client base spans Fortune 500 companies, law firms, legal service providers, government agencies, and educational institutions across more than 40 countries. The platform's capabilities are crucial for managing large volumes of electronic data in legal proceedings, ensuring compliance, and facilitating efficient case resolution. Logikcull's acquisition by Reveal in August 2023 integrated its advanced discovery solutions into Reveal's broader technology ecosystem, aiming to offer a comprehensive suite for legal technology needs.
How much funding has Logikcull raised?
Logikcull has raised a total of $41M across 4 funding rounds:
Angel/Seed
$4M
Series A
$10M
Series B
$25M
Debt
$2M
Angel/Seed (2015): $4M with participation from Storm Ventures
Series A (2016): $10M led by OpenView Partners and Storm Ventures
Series B (2018): $25M supported by New Enterprise Associates, Storm Ventures, and OpenView Venture Partners
Debt (2020): $2M featuring PPP
Key Investors in Logikcull
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in areas such as artificial intelligence, enterprise infrastructure, and cybersecurity. With over 23 years of experience and more than 200 investments, they assist founders globally in navigating their journey from inception to becoming industry leaders.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California. New Enterprise Associates (NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
OpenView Venture Partners
Founded in 2006, OpenView Venture Partners invests in B2B software companies such as Zipwhip, Calendly, Deputy and more. The company is headquartered in Boston, Massachusetts.
What's next for Logikcull?
The recent major strategic investment signals a strong confidence in Logikcull's technology and its integration within the Reveal platform. This capital infusion is expected to fuel further innovation in eDiscovery solutions, enhance market penetration, and potentially expand the company's service offerings. As part of Reveal, Logikcull is positioned to leverage synergistic opportunities, driving growth through advanced analytics, AI-powered insights, and a robust cloud infrastructure. The company's trajectory suggests a focus on scaling its operations and solidifying its leadership in the competitive legal tech landscape, with an emphasis on providing cutting-edge tools for complex legal discovery.
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