The biggest opportunity in law firms isn’t #AI. It’s the Business of Law. AI is changing everything... but it’s not the endgame. The real opportunity lies in transforming how law firms grow, operate, and lead their businesses. That’s why today marks a huge milestone for us: Nexl has raised $23M (AU$35M) in Series B funding led by Tidemark to accelerate our mission of reshaping the Business of Law. We have built the growth platform for modern law firms. One that empowers lawyers, elevates BD & Marketing as strategic leaders, and unites the entire firm around data-driven growth. This funding strengthens our leadership as the platform of choice for firms who want to run like businesses, not by replacing people with AI, but by augmenting every role with intelligence, insight, and automation. To our clients, partners, investors, and the incredible Nexl team: THANK YOU!!!! This is just the next chapter in a much bigger journey and we’re only getting started. [Read the exclusive PR Release from Bloomberg Law, link in the comments below] #BusinessOfLaw #SeriesB #LawFirmGrowth #ElevatewithNexl
Totally agree with you. The biggest unlock is how firms run. I see those issues daily. One of them is great tech, but it lacks a connected workflow. This is where the real ROI hides today.
Philipp, congrats! While AI is certainly going to have a huge, positive impact on law firms, you correctly stated that the business of law is even more important. And law firms exist to serve clients. Without a robust way to manage clients well, firms will struggle and will lose to the law firms who do it well. Glad to see that Nexl gets it.
Philipp Thurner Congratulations on this significant milestone. The focus on the Business of Law is indeed crucial for sustainable growth. How do you envision the integration of data-driven strategies impacting firm culture in the long run?
As Nexl Employee number 1, thank you, everyone! Let's see how far we can go on this journey 🚀
$23m raised… Michael Jordan wore 23. Coincidence? On the journey to greatness!!! Let’s go!
Great news! Very pleased for so many reasons: Philipp Thurner is one of my favourite ex-colleagues from G+T, I was lucky to be an early investor, Nexl is a LegalVision client, a Gilbert + Tobin Ventures client, and a founding client of Gillian Findlay’s Third Room, plus G+T is a Nexl customer (and I am a DAU!). Great product with lots more to come.
Congratulations Philipp Thurner and everyone else involved with getting this project to where it is today. Amazing...
Congrats Philipp!! Great to see.
Wooow Congratulations!!! Philipp Thurner Andrew Hutchinson Steven R. Ongenaet Vijay Motiramani
CEO @ Nexl - Modernizing the Business of Law (with Collaboration)
2wHere is the link: https://nexl.cloud/nexl-secures-23m-series-b-funding-to-accelerate-law-firm-growth-platform-innovation/