Immediation completes capital raise in expansion
By Tony Zhang|15 December 2020
Online dispute resolution provider Immediation has completed a $3.75 million capital raise following agreements with top government agencies and will support the company’s global expansion to make justice more accessible to all.
Immediation, the Aussie legal tech platform enabling the online resolution of legal disputes, has raised $3.75 million backed by Alex Waislitz and Thorney Investment Group, an investor in Afterpay and NextDC, as it looks to expand internationally and further develop its offering.
Mr Waislitz is joined by strategic investors including Euroz Hartleys Securities, who led the round, and SG Hiscock. This latest round of funding will enable the Melbourne-based company to grow its international reach, particularly in the US markets, with a specific focus on international hiring and product development targeting key areas of the legal system.