Intro

The 10 venture capital funds and corporate investors in North Africa and the Middle East that have invested in the seed stage in the last 2 years. They are actively investing in the legal industry. Legal technology has changed a lot in recent times. That's why Legal provides legal services such as compliance, blockchain, intellectual property, electronic signature and legal technology. The number of funding rounds is 17, which is 3% of the total number of Seed rounds in the Legal industry in the last few years.

10 investors in North Africa and the Middle East who has participated in the largest number of seed funding rounds in the legal industry
data provided by Unicorn Nest

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Key takeaways

  1. Geography of Funds - The most common country among leading venture capital funds is Israel, 8 funds are located there. There are also funds from the United Arab Emirates and Turkey. The most common city in which 6 funds are located is Tel Aviv. There are also funds from Jerusalem, Istanbul and Herzliya. Venture capital funds typically invest in startups from the United States, but also invest in companies from Israel and other Middle Eastern countries. Of the 4 funds in the sample, the founding country of the funds and the country of their most frequent investments are the same.

    2. Industry focus - The most common area of investment for the funds is law, finance and IT.

     3. Important Years - The oldest fund in the sample was founded in 1993, also the year in which the most funds were found. The newest is in 2018, which was the year when the most deals were done for the 5 venture capital funds. Also considered fruitful years are 2013, 2019 and 2008.

     4. Investments - Venture capital funds typically participate in 2 or 6 funding rounds per year, sometimes 7 or 12. The minimum number of funding rounds for VCs in the sample is 2 and the maximum is 312. The average number of funding rounds is 82.3 and the median is 42. The maximum number of lead investments in funds is 53 and the minimum is 0. The average amount of lead investments is 12.1 and the median is 3.5. The most common lead-in amount is 0. The percentage point difference index of lead-investments ranges from 71 to 29. The mean difference is 7.93 and the median is 18.72. This means that these funds act as lead investors.

    5. Typical rounds - There are different rounds of raising investment in a startup, such as: pre-seed round, seed round, stage A, stage B, stage C, and stage D. Each stage of financing aims to solve some task within the project. Venture capitalists usually participate in rounds with 1 or 2 investors, less often in rounds with 4 or 5 investors. The most common round size for venture capital funds in the sample is up to 100К. A less common range is from 1 to 5 million. The average fund multiplier for portfolio companies at the last known valuation is 0 at the low end and 0.46 at the high end. The average value of this multiplier is 0.13 and the median is 0.06. The most common value of the multiplier is 0.