Skip to main content

Nexl

Category: AI in Legal

An AI-powered client relationship management (CRM) and growth platform for law firms. Nexl was founded in 2018. The company is led by Philipp Thurner. Based in Sydney, Australia. Team size: 51-200. Total funding raised: $35 million. Latest round: Series B. Key investors include Shearwater Capital, Equity Venture Partners (EVP), Vulpes Ventures.

Founded
2018
Headquarters
Sydney, Australia
Team size
51-200
Total funding
$35 million

Value proposition

Unifying client data to enhance relationships and drive growth for law firms.

Products and solutions

CRM Platform, Relationship Intelligence, Pipeline Management, Email Marketing

Unique value

Nexl's CRM is designed to be a "no-data-entry" platform. It automatically captures and analyzes data from various sources (such as emails, calendars, and other business systems) to provide insights into relationships and business opportunities without requiring manual input from lawyers.

Target customer

Law firms, including AmLaw 100 firms.

Industries served

Legal

Technology advantage

The key technological advantage is the use of AI to automate data capture and relationship intelligence. This provides a significant business advantage by increasing user adoption in law firms and providing actionable insights to drive business development.

How they differentiate

Nexl differentiates itself as an AI-powered 'no-data-entry' CRM and revenue operations platform specifically designed for law firms. It aims to unify lawyers, marketing, and business development teams into a single growth engine, automating data capture to provide a holistic view of client relationships.

Main competitors

Hence, Lexicata, Validient

Key partnerships

LexFusion

Notable customers

Trusted by over 100 law firms globally.

Major milestones

Successfully closed a $35 million Series B funding round., Expanded its platform to become an all-in-one revenue operations and growth platform., Established a strong foothold in both the North American and Australian legal tech markets.

Growth metrics

Specific growth metrics such as revenue or user numbers are not publicly available.

Market positioning

Nexl is positioning itself as a premium solution for larger law firms, with a stated goal of targeting the top 50 global law firms. Their focus is on being a comprehensive growth platform rather than just a traditional CRM.

Geographic focus

Headquartered in New York and targeting the North American market, with a significant presence and investor base in Australia.

Patents and IP

Not publicly available

About Philipp Thurner

Previously Head of Innovation and a lawyer at Gilbert + Tobin, a leading Australian law firm. His experience in legal tech and innovation directly led to the founding of Nexl.

Official website: