Doxly, an Indianapolis technology software company that launched out of High Alpha this past July, today announced they have closed a $2.2 million Series Seed funding round and added Dentons, the world’s largest law firm, as a customer. Doxly will use the capital to scale its technology platform and fuel hiring in product development, engineering, sales and marketing.
Doxly’s cloud-based platform brings improved accuracy, speed and transparency to an antiquated offline legal transaction process dotted with printed checklists, call logs and emails. The service offers law firms a better way to manage the diligence, deal closing and signature process, and provides access to previously unavailable or difficult to obtain data intelligence.
Participation in the round included Nextlaw Labs through its investment fund, Nextlaw Ventures, High Alpha Capital and Hyde Park Venture Partners.
Doxly is the fourth company to launch from High Alpha venture studio since its founding in June 2015, led by CEO and co-founder Haley Altman. Read about how the company was launched in our profile on Doxly’s launch here.