Case Study: Fenix TLS closes funding in 33 days with Zegal

Fenix TLS - Customer Case Study

Fenix TLS, a Hong Kong-based startup providing language translation services, faced the challenge of quickly securing funding documents for its new subsidiary, MINEO, amidst a sudden investor rush. They needed a fast and efficient way to handle complex fundraising contracts to close a crucial round of capital. Using Zegal's template library and collaboration tools, they sought to streamline this urgent legal process.

The Zegal solution guided both Fenix TLS and its investors through an automated question-and-answer process to create a Convertible Note. The platform transformed email sharing into real-time online collaboration, providing full transparency. As a result, Zegal helped Fenix TLS close its funding in just 33 days and achieve an 80% cost saving on legal and drafting fees.

Fenix TLS