Legaler, a Sidney, Australia-based company building a blockchain infrastructure for legal services, raised $1.5m in funding.
The round was led by MasterNode Ventures, with participation from Pacific Blue Capital and a number of legal industry investors.
The company intends to use the funds to build its technology and team ahead of the public sale.
Legaler CEO and Co-founder, Stevie Ghiassi, Legaler is a legaltech company building a blockchain infrastructure for legal services. Its blockchain and platform allow businesses and developers to build secure and scalable decentralized applications for legal services without the need for intermediaries.
The company previously launched an online meeting tool in 2017 to allow lawyers and clients to collaborate, which has been adopted in over 1000 firms across 80 countries.