Several portfolio companies of Nextlaw Ventures, the world’s first legal-tech focused investment fund founded by Dentons in 2015, are rolling out powerful initiatives to support the global business community’s COVID-19 related challenges.
- Libryo, a place-based SaaS startup that flags legal obligations to decrease risk, has coordinated free access to real-time regulatory updates in an ever-growing list of global regions on the Dentons COVID-19 Hub, a resource that leverages the firm’s unmatched reach to encompass a wealth of information and jurisdiction-specific insights for dozens of countries.
- Smart contracts startup Clause is providing help to small businesses accessing COVID-19 relief loans by assisting banks by streamlining the application process, improving data verification speed and accuracy, and automatically triggering actions in associated platforms.
- To help in-house and firm teams handle the increased volume of legal work in an efficient and cost-effective way, Hire an Esquire, a vetted marketplace that helps practices instantly match with premiere legal talent, has augmented its network of attorneys in practice areas that have seen increased workloads amid the epidemic — including employment, insurance, healthcare and finance/bankruptcy.
In addition, AI-based talent optimization platform ProFinda is offering processes to tap into critical healthcare reservist workforce options. AI-based legal research solution ROSS Intelligence is building resources around attorney tech competence. And Litera Transact (Doxly) has enabled deal teams to execute deals while abiding by social distancing guidelines by offering a version of their transaction management/collaboration platform at no cost.
For more information on Nextlaw Ventures portfolio companies, please visit the Portfolio section of the NLV website.