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LEAGL 1A
€65,000
total amount raised in round
- Eligible for a tax reduction
DISCLAIMER
Every investment decision must be based on an examination of an exhaustive set of information provided by the entrepreneur on their online profile. Spreds only proceeds to a limited verification of this information and does not control the investment opportunity within this company. Spreds did not verify the extent to which the business plan is deemed realistic and does not intervene in determining the final terms of the investment, including the retained maximum valuation. Spreds will align itself with the financial terms negotiated with the co-investor(s).
LEAGL is poised to further transform the legal sector for SMEs in Belgium. The company has already experienced significant growth over the past three years, reinforcing confidence in its innovative and efficient model.
The Belgian SME market consists of more than 1.1 million companies, many of which face unpredictable legal costs. LEAGL offers these companies predictability and affordability in their legal support.
The Belgian SME market consists of more than 1.1 million companies, many of which face unpredictable legal costs. LEAGL offers these companies predictability and affordability in their legal support.
Problem in the market
Small and medium-sized businesses in Belgium often face complex legal issues, but access to affordable and predictable legal services is limited. Traditional legal service providers still often work with the “hourly billing” model, leading to unpredictable costs and lack of transparency. This causes many SMEs to delay or avoid legal support, which limits their growth and innovation and makes them more vulnerable to legal risk.
“LEAGL has helped us identify and address legal risks, leading to greater efficiency in our business” - Fresh Tray
Solution by LEAGL
LEAGL offers a solution by introducing a subscription model where SMEs can access legal services for a fixed monthly fee. This model eliminates the uncertainty of variable costs and provides SMEs with financial security, allowing them to focus on their core business. In addition, the innovative platofrm allows companies to easily manage legal processes, upload documents and access legal support when needed.
LEAGL's areas of expertise
- Economic law: doing business without worries.
- Employment law: a healthy workplace starts with a solid legal foundation.
- Company law: we help your business stay strong.
- Data Protection (GDPR): protect your data, your customers and your business.
Impact on SMEs
LEAGL helps SMEs strengthen their legal position by providing proactive and accessible legal support. Our subscription model allows companies to predict and control their legal costs, leading to greater peace of mind.
This enables SMEs to focus on their growth while managing legal risks. In addition, our platform saves companies both time and money by streamlining legal processes.
The company distinguishes itself in the legal world by offering quick service, easy accessibility and a customer-centric approach. LEAGL's vision is based on the idea that high-quality legal advice should be accessible to every SME, without the associated high costs and complexity.
“LEAGL's comprehensive legal scan and follow-up has always kept us compliant and significantly reduced our legal risks.” - LVP Engineering & Constructions
With the expansion of an innovative digital platform where customers can manage their own documents, a high degree of overview and efficiency is being achieved. This platform is supported by AI tools and Legal Tech, which further improves service quality and optimizes the customer experience. This makes LEAGL the ideal partner for SMEs striving for legal certainty and business growth.
TAX SHELTER 45%
Investments in this company benefit from a 45% personal income tax reduction. Read more…A remaining amount of €195,000 is available for the Tax Shelter benefit.
Fact sheet
Advised by a professional start-up advisor | |
Valuation is set by the co-investor or incubator | |
Co-investor or incubator will be members or observers to the board | |
At the closing, an incubator, accelerator, or studio will have shares | |
At the closing, the entrepreneurs have contributed a minimum of €15,000 in cash in exchange for shares | |
At the closing, a professional co-investor will have invested at least €25,000 | |
Prior fundraising in equity or convertible loan with 10 or more investors | |
Seasoned entrepreneurs | |
Minimum 2 active entrepreneurs | |
Valuation set by an organisation specialized in valuations of comparable size | |
Valuation is less than €1 million or 10x last year’s turnover |
Raise summary
Crowd investments | €65,000 |
Committed by others | €0 |
Amount raised | €65,000 |
Minimum round | €25,000 |
Maximum round | €250,000 |
Shares in the company (total round) | 9.091% |
Pre-money valuation | €2,500,000 |
Post-money valuation min. | €2,525,000 |
Post-money valuation max. | €2,750,000 |