Case Study: Lunio closes a £2M round in 15 days with SeedLegals

Lunio - Customer Case Study

Lunio, an automated marketing security platform, needed to close a £2 million seed funding round while carefully managing costs. They found that hiring a traditional law firm to handle the legals was prohibitively expensive. Their investor, Fuel Ventures, recommended the vendor SeedLegals to help reduce both the complexity and cost of the fundraising process.

Using SeedLegals' platform, Lunio was able to generate the required legal documents quickly and simply, without needing a law degree. This allowed them to move from term sheet to closing in just days, completing the entire £2 million round in only 15 days. SeedLegals helped Lunio save over £13,000 in legal fees. This efficient process freed the team to focus on growth, and since closing the round, their revenue increased over 5x and their team grew from 8 to 34 employees.

Lunio

Neil Andrew

Chief Executive Officer and Co-Founder