What does Plexus do?
Plexus is a legaltech company based in Melbourne, Australia, that offers an AI-powered legal automation platform. The platform helps legal teams streamline, automate, and scale their legal operations, leading to increased efficiency and productivity.
How much did they raise?
The company raised $6M in funding in a round led by Lighter Capital. The round type was unspecified, reflecting a non-traditional series investment.
What are their plans for the money?
With the new funds, Plexus plans to accelerate its expansion into international markets, fast-track AI product delivery, and onboard additional talent. This investment is expected to further empower legal teams by reducing risk and enhancing operational efficiency.
What have they achieved so far?
Plexus has already achieved notable success by helping organizations realize up to 60% productivity gains and reducing manual workloads by 25%. Its platform is trusted by over 250 global organizations, including industry giants such as Nike, L’Oréal, PepsiCo, Woolworths, AIA, and The Iconic.