Immediation founder Laura Keily. Source: supplied.
Disputes mediation platform Immediation has raised $3.75 million in Series A funding, after COVID-19 led to a tech overhaul of the legal system and 1000% growth.
The funding comes amid calls for easier access to justice for SMEs, with small business ombudsman Kate Carnell noting an uptick in disputes during the COVID-19 pandemic, and saying small business owners are more likely to walk away that tackle an inaccessible court system.
Immediation’s backers include Thorney Investment Group, the fund of Aussie billionaire Alex Waislitz, as well as Euroz Hartleys Securities and SG Hiscock.
The cash injection follows a mammoth year of growth for the Melbourne startup, which offers an online route for resolving legal disputes, without anyone having to go to court.