Legaltech
- Company typePrivate
- Founded2015
- HeadquartersYeoksamdong, South Korea
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Legaltech firmographics
Firmographics- Name
- Legaltech
- Legal name
- 리걸테크 주식회사
- Website
- https://legaltech.co.kr
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Legaltech industry classification
Industry- Product category
- Virtual Data Room Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Records Management, Information Governance & Retention (BPAEAPAO)
- akta.pro secondary industries
- E-Signature & Digital Transaction Management (DTM) (HDAEAGAF), Customer Experience (CX) & Digital Experience (BPAHAEAC)
Keywords
Where Legaltech is headquartered
LocationHeadquarters
- HQ city
- Yeoksamdong
- HQ country
- South Korea
- HQ region
- Asia
Offices2 records
Markets served
Legaltech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Subscription: Cloud-based software-as-a-service platform providing virtual data room services on a subscription basis. The company offers VDR, IDX cloud storage, and PatentSearch services through their SaaS platform.
- Enterprise Solutions: Customized enterprise solutions for M&A due diligence, investment due diligence, IPO preparation, and audit-related projects with dedicated project management and technical support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise VDR solutions with customizable project management features |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Legaltech product offering
Product offeringCore offering
Legaltech provides a next-generation Virtual Data Room (VDR) platform for confidential document sharing, collaboration, and decision-making support, primarily serving M&A due diligence, investment due diligence, IPO preparation, and audit projects. The company also offers an enterprise cloud storage product (LegalTech IDX) for digital transformation of corporate work environments and an intelligent PatentSearch service for IP landscape analysis.
Product overview
Legaltech offers a portfolio of three core products: LegalTech VDR (a next-generation virtual data room for secure confidential information sharing and due diligence in M&A and investment contexts), LegalTech IDX (enterprise cloud storage for corporate work digitization), and Patent Search (intelligent IP search and landscape analysis). The company was founded in 2015 and operates as a Digital Transformation leader in the LegalTech industry.
Differentiator
Problem solved
Functional benefit
Brands
- LegalTech VDR: Next-generation platform for confidential information sharing, collaboration, and decision-making support for M&A, investment due diligence, and IPO processes
- LegalTech IDX
- Patent Search
Products and services
- LegalTech VDR (Virtual Data Room) A next-generation virtual data room platform for confidential information sharing, collaboration, and decision-making support. Specializes in due diligence for M&A, investment fundraising, IPO, and audits with AI-powered security features including screen capture prevention, dynamic watermarks, activity log tracking, user/folder permission settings, CAD file web viewer, bulk file upload/download, and unlimited project data rooms. Designed for accounting firms, investment banks, PE, corporate development teams, pharmaceutical companies, bio companies, financial institutions, and manufacturers.
- LegalTech IDX
Quantifiable outcome
- Fast bulk file upload and download speeds enabling expedited collaboration processes
- +2 more outcomes
Companies that use Legaltech
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Legaltech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Legaltech partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, strategic and major.
- Korea Venture Business Association (KOVA)coreBusiness cooperation agreement signed with Korea Venture Business Association (벤처기업협회) in July 2023 for joint marketing, industry collaboration, and startup ecosystem support.
- National IT Industry Promotion Agency (NIPA)coreSelected as SaaS development and cultivation support partner by National IT Industry Promotion Agency (정보통신산업진흥원) for software development and business growth support.
- LegalTech Industrial Council (리걸테크산업협의회)coreFounded LegalTech Industrial Council in January 2021 with 20 member companies including Intelricon, Tech&Law, Amicus Lex, and ModooSign to promote digital innovation in legal services. LegalTech serves as Technical Committee Chair leading industry standards and technology development.
- Korea University Blockchain Research InstitutestrategicMOU signed for business cooperation with Korea University Blockchain Research Institute to explore blockchain technology applications for legaltech solutions and intellectual property management.
- AOS DATA JapancoreDevelopment cooperation partnership signed with AOS DATA of Japan in April 2019 for technology collaboration and integration of VDR services in the Japanese market.
- AOS Group JapanmajorStrategic investment and partnership established with AOS Group of Japan in May 2018. This partnership enabled LegalTech's market entry into Japan and established the foundation for VDR export operations.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
Legaltech competitors and assessment
Company assessmentDirect peers
- Datasite: Global market leader in virtual data rooms for M&A, investment, and legal due diligence. Directly comparable product (Diligent Datasite / Datasite VDR) serving the same enterprise M&A and investment use cases as LegalTech VDR, but at global scale.
- SS&C Intralinks: One of the longest-established VDR providers, serving the same M&A, capital markets, and lending due diligence use cases as LegalTech. Competes head-to-head for cross-border transactions where LegalTech emphasizes data sovereignty as a differentiator.
- Ansarada: VDR and deal management platform for M&A, IPOs, tenders, and fundraising. Closely comparable to LegalTech VDR in target use cases (M&A due diligence, IPO preparation) with an AI-augmented offering.
- Firmex: VDR provider focused on M&A due diligence, litigation, and regulatory compliance. Competes with LegalTech for the same accounting-firm, legal, and corporate development buyer segments.
- iDeals Solutions: VDR provider with strong presence in EMEA and APAC, serving M&A, legal, and life sciences document-sharing use cases. Directly comparable feature set (granular permissions, audit logs, secure viewing) to LegalTech VDR.
- SecureDocs: Cloud-based VDR targeting small and mid-market M&A, fundraising, and audit use cases. Comparable in positioning to LegalTech for cost-sensitive enterprise and SMB buyers in transactional document sharing.
- Patsnap: AI-driven patent search, IP analytics, and competitive intelligence platform. Direct competitor to LegalTech's PatentSearch product in IP landscape analysis and corporate IP management use cases.
Broad incumbents
- Sharefile (by Progress): Secure enterprise file sharing and content collaboration platform. Overlaps with LegalTech's IDX cloud storage and VDR use cases at the lower end of deal complexity, with much broader enterprise reach.
- Box: Enterprise cloud content management platform with secure collaboration and compliance features. Competes with LegalTech IDX and partially with VDR for secure document sharing, but as part of a much broader content platform.
- iManage: Enterprise document and email management platform focused on legal, financial, and professional services. Overlaps with LegalTech's secure document collaboration use cases and the same buyer personas (law firms, accountants, financial services).
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Legaltech social profiles
Digital presenceLegaltech compliance and trust
Trust signalCompliance2 records
Legaltech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Legaltech leadership team
Management profileNumber of profiles
Profiles1 record
Legaltech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Legaltech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Legaltech
What does Legaltech do?
Legaltech provides a next-generation Virtual Data Room (VDR) platform for confidential document sharing, collaboration, and decision-making support, primarily serving M&A due diligence, investment due diligence, IPO preparation, and audit projects. The company also offers an enterprise cloud storage product (LegalTech IDX) for digital transformation of corporate work environments and an intelligent PatentSearch service for IP landscape analysis.
Is Legaltech a public or private company?
Legaltech is a private company. It is classified as venture growth investor backed and is currently operating.
When was Legaltech founded?
Legaltech was founded in 2015. It employs 11 to 50 people.
Where is Legaltech based?
Legaltech is headquartered in Yeoksamdong, South Korea, in the Asia region.
How does Legaltech make money?
Two revenue lines are on record. SaaS Subscription is the primary driver. The others are enterprise Solutions.
Who are Legaltech's main competitors?
Direct peers on record are Datasite, SS&C Intralinks, Ansarada, Firmex, iDeals Solutions, SecureDocs and Patsnap. Broad incumbents are Sharefile (by Progress), Box and iManage.
Does Legaltech have an API?
No public API is recorded for Legaltech.
What industry is Legaltech in?
Legaltech's product category is Virtual Data Room Software. Its primary akta.pro industry code is BPAEAPAO, Records Management, Information Governance & Retention, with a secondary code of HDAEAGAF, E-Signature & Digital Transaction Management (DTM). Its NAICS code is 518210 and its SIC code is 7370.