DocPro, a Hong Kong-based legal technology company empowering legal professionals and businesses to create and manage legal documents, has raised $500,000 in a pre-seed funding round.
Investors
The round was led by Multiway Industries, established in 1978, one of the world's largest manufacturers of extension cords, power adaptors, surge protectors, energy-saving programs, and USB chargers. Committed to supporting innovative technology companies, Multiway Industries partners with visionary entrepreneurs to bring transformative solutions to the market, making services more accessible and efficient for businesses worldwide.
DocPro Use of Funds
The company will use the funding to advance product development, expand the engineering and AI teams, and implement go-to-market strategies. DocPro plans to introduce a comprehensive AI legal assistant service, further expanding its impact in the legal tech.
About DocPro
Founded in 2020, DocPro Limited is a legal technology company dedicated to streamlining the legal industry through AI-powered solutions. The company leverages cutting-edge artificial intelligence to simplify the creation and customization of legal documents. DocPro provides platforms like DocPro.com and DocLegal.ai, designed to make legal services more efficient, accessible, and affordable. With over 50,000 registered users worldwide, the company is an incubator under the Cyberport and Hong Kong Science and Technology Parks (HKSTP) incubation programs.
Funding Details
Company: DocPro Ltd.
Raised: $500K
Round: Pre-Seed Round
Funding Date: August 2024
Lead Investor: Multiway Industries
Additional Investors:
Company Website: https://docpro.com/
Software Category: Legal
Source: https://www.prnewswire.com/in/news-releases/docpro-secures-500-000-pre-seed-investment-from-multiway-industries-to-drive-legal-tech-innovation-302225211.html