Vizlegal makes strong case at NDRC Investor Day
15 December 2016 | 0
Vizlegal, a digital start-up which converts fragmented legal information into structured data and provides tools for the legal and other industries to use this information, has secured €30,000 follow on investment at NDRC’s Investor Day sponsored by Bank of Ireland.
A further €20,000 in follow on investment was awarded to Glissed, an online marketplace for freelance beauty professionals.
The companies have emerged from NDRC’s pre-seed investment programmes including Launchpad, Catalyser and VentureLab. They also include start-ups emerging from NDRC’s pilot Female Founders programme run in conjunction with Enterprise Ireland and Bank of Ireland.
Winning venture Vizlegal converts fragmented pieces of legal information, such as court judgments and filings from multiple jurisdictions into structured data.
To date NDRC has invested in over 200 companies. Its portfolio of companies has a market cap of over €328 million. Recent NDRC alumni include Boxever, Nuritas and Soundwave.
Ben Hurley, CEO, NDRC, said: “Investor Day is a true test for each of the emerging companies where they have gone through a process of commercialisation, developed their marketing approach and refined their business plans and projections. In doing so, they have enhanced their investment readiness and are now in a position to seek support and backing from the investment community.
“Vizlegal and Glissed emerged today as well-defined prospects for future investment and there are many more who have very considerable potential to attract investor interest as they continue to grow their businesses. It’s clear that there is a vibrant entrepreneurial culture in Ireland where we see a pipeline of high potential companies and continuously strong investor interest in NDRC programmes.”
Twenty companies pitched to a panel of investors at the event in sectors ranging from HR to Health and Agriculture, all looking to secure next stage investment.
IDG News Service