CRM Provider Nexl Announces $6.6M Series A Round
The latest fundraising will enable Nexl to focus on its core market in the U.S., while boosting its go-to-market capabilities and product development.
December 01, 2023 at 06:05 PM
2 minute read
Legal Technology
On Friday, customer relationship management (CRM) provider Nexl announced that it has raised $6.6 million in Series A funding. The round was co-led by Shearwater Capital and Australia-based B2B venture capital firm EVP, an existing Nexl investor. The Series A raise brings Nexl's total 2023 funding to $10 million.
Positioning itself as having evolved from being a "no-data-entry CRM" to an "all-in-one collaboration platform" for law firms, Nexl is planning to use the Series A funds to pursue "its mission to modernize the business of law—through collaboration—and empower our clients with the tools, knowledge, and insights they need," according to the press release.
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