Top 20 investors in Eastern Asia with the biggest sum of Early funding rounds in Legal industry over the recent years

Intro

The top 20 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Eastern Asia that have invested in Early stage over the last 3 years. They are actively investing in Legal industry.
Legal deals with law and provides law-related services. It includes compliance, blockchain, intellectual property, e-signature, and legal tech.

Amount of money raised in Early funding rounds is $2.0B, which is 11.9% of the total amount of money raised in the Legal industry in Eastern Asia over the last 3 years.

Top 20 investors in Eastern Asia with the biggest sum of Early funding rounds in Legal industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The majority of VCs are located either in China or Japan. There are also funds from South Korea. There is an equal amount of VCs in Tokyo and Beijing which host 8 funds each. There are also funds from Hong Kong Island and Shanghai. VCs in the sample invest in Japan, China and The United States more often than they do in Singapore. For the majority of the funds, the country of the funds’ establishment and the country of their most frequent investments coincide.
• Industry Focus – The funds’ most common field for investments is Finance. They also invest in Legal, Entertainment and Telecommunications.
• Important Years – The oldest fund in the sample was founded in 1981 and the newest one in 2019. In 2016 the most amount of funds were founded. 2018 holds the most deals for 10 VCs. 2019, 2020 and 2021 were also fruitful. The biggest amount of successful exits happened between 2014 and 2021 years. For some funds, 2015 became the year with the most successful exits.
• Investments – Usually VCs take part in 2 and in 7 – 12 funding rounds per year. The minimum number of funding rounds for VCs in the sample is 4, the maximum is 687. Average number of funding rounds is 171.7 while median is 108.5. The most common amount of funding rounds for VCs in the sample is 238. Minimum amount of lead investments for funds is 0 and maximum is 204. Average amount of lead investments is 37.2 while median is 20.5. The most common amount of lead investments is 0. Index of difference in percentage points of lead investments from the average is between -11.97 and 29.0 for funds in the sample. The average value for this difference is 8.3 and the median is 3.95. It means that these funds act as lead investors more often than other funds. The most common value is 29.0.
• Typical Rounds – VCs usually participate in rounds with 3 – 4 investors. Less often in rounds with 5 – 6 investors. The most common round size for VCs in the sample is less than 100 thousands. Less common range is 100 thousands – 1 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is 0.0 at minimum and 1.79 at maximum. Average value for this multiplicator is 0.23 and median is 0.03. The most common multiplicator value is 0.0.