Libryo, a London, UK- and Cape Town-based legtech startup, raised $1m in seed funding.
Backers included Seedcamp, Innogy (via its UK Innovation Hub), Force over Mass Capital, NextLaw Labs, Steve Gledden and Chris Field.
The company intends to use the funds to continue to expand operations and grow its business reach globally.
Co-founded by Garth Watson, Malcolm Gray and Peter Flynn, Libryo provides a SaaS-based legal technology platform for businesses to understand their legal obligations and find regulatory information.
The company’s solutions are used by compliance professionals and in-house lawyers globally.