A Manchester-based newcomer digital law firm, which was founded by a former DWF Group chief executive, has revealed a strategic investment in a growth management network.
arch.law, which was founded by former DWF CEO Andrew Leaitherland in 2021, has invested in Connectd, which connects start-ups, investors and advisers.
It provides technology-enabled legal services to a wide range of businesses in the UK and Australia and operates on a distributed law firm model.
The investment will also allow arch.law to partner with Connectd as it continues to fulfill its mission of democratizing access to early-stage investment and talent by connecting startups with investors and advisors through smart matching technology.
This latest round of investment for Connectd also launches two new tools. In addition to creating a smart dashboard that allows investors to have an aggregated view and real-time insights across their entire portfolio, Connectd is also partnering with arch.law and Danish legal firm Contractbook to launch ConnectdLegal.
ConnectdLegal is designed to benefit all audiences within the Connectd ecosystem by helping members establish their essential legal documentation without incurring costly fees.
Members will be able to easily access documents, including SEIS/EIS registration, advisory agreements for NEDs and board advisors, NDAs and employment contracts.
The community of Connectd founders will be able to use ConnectdLegal, while advisors and investors will be able to share the tool with their portfolio companies.
“Our strategic investment in Connectd not only provides opportunity and pathways, but also an innovative strategic partnership delivering cost-effective legal solutions to start-ups, their investors and advisors, differently,” said Andrew Leaitherland, Founder and CEO of arch.law. “We are excited to partner and work with Roei and his scalable technology-focused company.”
Roei Samuel, Founder and CEO of Connectd, added, “I’m really excited to see how ConnectdLegal can reduce friction within the startup ecosystem and to see our partnership with arch.law grow. We’re both pushing to innovate in the legal industry and we have someone with Andrew’s legal knowledge and his experience with Connectd is a huge honor for us.