Member Article

Liverpool’s Datalaw receive 6 figure funding deal

The North West Fund for Venture Capital has invested a six-figure sum in return for a minority stake in the Liverpool-based business.

The investment has already helped Datalaw to make key appointments in research and development, marketing and digital development to support its growth strategy.

Datalaw currently delivers more than 350 continuing professional development courses via webinars and podcasts to thousands of solicitors nationwide, covering over a dozen areas of law.

The firm is also a leading provider of mandatory courses and examinations required for solicitors to represent clients in police stations and magistrates’ courts.

The North West Fund for Venture Capital, which is managed by Enterprise Ventures, supports entrepreneurs building high-growth companies with finance ranging from £50,000 to £2 million.

Datalaw managing director Charles Peter said: “We were the first company to move from training solicitors in conventional physical venues to offering online courses, allowing them to comply with the profession’s CPD requirements far more cost-effectively.

“Having grown to become one of the UK’s largest and most innovative providers of online legal training, with particular strengths in criminal and family law, we have been planning the next phase of our expansion.

“Over the next 12 months, we aim to quadruple the number of courses we deliver, reaching a wider range of lawyers. We will also be launching a new technology platform.

“This investment from the North West Fund for Venture Capital is a major endorsement of our strategy.”

This was posted in Bdaily's Members' News section by Sophia Taha .