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8 January 2014   |   min read
CORPORATE FINANCIAL PRODUCTS
Cataluña BARCELONA

Caixa Capital Risc leads a €420,000 round in Lexdir

Venture capital firm Caixa Capital Risc, has led a €420,000 round in the startup Lexdir. The round, also backed by vLex and Ayce Capital partners, aims to consolidate the growth of the company and strengthen its presence in the markets in which operates: Spain, Colombia, México and Chile.

Lexdir, spin off from the legal publishing firm vLex led by entrepreneur Marc Basté, is headquartered in Barcelona and wants to become the meeting point for individuals and companies to find the most appropriate lawyer. To do this, Lexdir has developed the largest online lawyer directory in Spain, which allows users to make a first contact with the lawyer and find a direct and immediate initial response to problems. In addition, customers can see the rating from the community of users of each professional and choose the one that best meets their needs.

Only in Spain and South America, there is a lawyer market that exceeds 1.5 million. It is estimated that by the end of 2013 over 50 million individuals have searched a lawyer by Internet.

Lexdir aims to lead B2C (business to consumer) models for the legal sector in Spain and South America. In the U.S., well-established startups like Avvo, LegalZoom, Rocketklawyer, are leading the paradigm shift in the legal market on the Internet, offering business to professionals and transparent and efficient transactions to customers.

About Caixa Capital Risc

Caixa Capital Risc is the venture capital division of "la Caixa", which invests in the early stages of innovative Spanish companies that have a high potential for growth, accompanying them through their various stages of development.

With a total capital commitment of 73 million Euros, the company invests in innovative companies through 4 investment funds: Caixa Capital BioMed, Caixa Innvierte Industria, Caixa Capital TIC, and Caixa Capital Micro.

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