Overview

Clerky provides software that simplifies legal paperwork for startups and their attorneys. The platform helps early-stage companies manage essential legal processes such as forming a company, fundraising, and hiring. By using Clerky, startups can complete their legal documentation safely and efficiently, allowing them to focus on growth and innovation rather than getting bogged down by complex legal tasks. Unlike many competitors, Clerky specifically targets the legal needs of startups, offering subscription-based access to its tools, which generates recurring revenue. The goal of Clerky is to streamline legal processes for startups, making it easier for them to navigate the legal landscape.

Simplify's Take

What believers are saying

• Rising demand for remote legal services boosts Clerky's market potential.
• Startups outsourcing legal tasks align with Clerky's cost-effective solutions.
• Complex regulatory compliance increases demand for Clerky's specialized services.

What critics are saying

• Competition from AI-driven legal tech startups threatens Clerky's market share.
• DIY legal platforms may attract price-sensitive startups away from Clerky.
• Blockchain technology for smart contracts could disrupt Clerky's business model.

What makes Clerky unique

• Clerky is run by experienced startup attorneys and paralegals.
• Clerky conducts extensive legal research beyond typical startup attorneys.
• Clerky's software integrates deep legal expertise into its templates.

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Funding

Total Funding

$116.7k

Below

Industry Average

Funded Over

1 Rounds

Notable Investors:

Y Combinator

Notable Investors:

Y Combinator

$120,000

Seed

Jun 2011

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Below Average

Industry standards

Ind Avg. $3.3M

$120k

$500k

$1.5M

$2M

$2.3M

$3M