TrademarkNow, a Finnish legal tech startup, has secured €3 million in funding to enhance its trademark management solutions, reflecting strong investor confidence in its growth potential.
Target Information
TrademarkNow is a Finnish legal tech startup that specializes in developing innovative tools designed to assist companies and law firms in managing their trademarks and compliance requirements. The company is known for its advanced solutions that simplify the trademark clearance process, allowing clients to make informed decisions quickly. Recently, TrademarkNow enhanced its flagship product, NameCheck, by incorporating 15 new databases from Middle Eastern countries, thereby increasing its global reach and value proposition.
Industry Overview in Finland
The legal tech industry in Finland is experiencing significant growth, fueled by a rising demand for digital solutions that streamline legal processes. As businesses increasingly seek to automate routine legal tasks, providers like TrademarkNow stand at the forefront of this transformation. This shift is not only improving efficiency but also enabling legal professionals to focus on complex legal issues that require human expertise.
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Moreover, the legal tech market in Finland benefits from a robust entrepreneurial ecosystem supported by various incubators and government initiatives. These programs encourage innovation by providing funding and resources to start
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Karma Ventures
invested in
TrademarkNow
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $3M