Legal tech firm, Sprintlaw, combines debt and equity to accelerate growth in Australia and overseas
In this case study, discover how Spintlaw’s strategic and flexible approach to funding has helped to fuel their rapid success, positioning Sprintlaw as a leader in the legal tech industry.
About Sprintlaw
Sprintlaw is an innovative, Australian-based legal tech firm revolutionising the way small businesses and start-ups access legal services. By offering affordable, accessible, and technology-driven legal solutions, Sprintlaw empowers entrepreneurs with expert legal guidance tailored to their needs.
Specialising in business structuring, contracts, intellectual property, employment law, privacy compliance, and commercial agreements, Sprintlaw simplifies legal complexities, providing customised legal documents and practical advice to help businesses stay compliant and protected.
Funding Strategy
To support its innovation and expansion (particularly in the UK), Sprintlaw has utilised a combination of venture debt, equity investments and government grants.
Use of funds
As Sprintlaw scaled its operations and expanded internationally, its founders sought additional capital to fuel growth – without requiring additional dilution at each stage of growth. They were looking for a flexible funding solution that enabled them to access capital as opportunities emerged, without being locked into a large transaction or lengthy fundraising process.
By partnering with Mighty Partners, Sprintlaw was able to:
- Secure funding quickly to accelerate international expansion ahead of time
- Draw additional funds as new revenue-generating initiatives took off
- Retain ownership while continuing to scale operations and increase business value
“Mighty Partners really came through for us when we were looking for quick funding. Everything from the onboarding to the cash injection was incredibly seamless and hassle-free. Their responsive team is sensitive to the challenges faced by startups and is dedicated to helping businesses thrive” - Alex Solo, Co-Founder.
Achievements
Since partnering with Mighty, Sprintlaw has accelerated its growth across Australia, the UK, and New Zealand and has been recognised for multiple awards, including by the AFR as one of the Most Innovative Companies of 2024.
Sprintlaw’s tech-driven legal solutions and strategic funding approach continue to fuel its rapid growth, positioning the company as a leader in the legal tech industry.
Find out more at sprintlaw.com.au
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