Top 20 investors that took part in the most Early funding rounds in Legal industry over the recent years

Intro

The top 20 investors according to the total amount of funding rounds. These are VC funds and corporate investors 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 funding rounds in Legal is 824, which is 3.3% of the total amount of Early rounds over the last 3 years.

Top 20 investors that took part in the most Early funding rounds in Legal industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The funds are based in 2 regions: North America and Eastern Asia with the majority being in North America. The majority of VCs are located in The United States while others are in Japan. There is an equal amount of VCs in New York and San Francisco which host 7 funds each. There are also funds from Menlo Park and Tokyo. These VCs tend to invest in startups from The United States, but also invest in startups from Panama and Japan. 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, Gamification and Social.
• Important Years – The oldest fund in the sample was founded in 1869 and the newest one in 2018. In 2018 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2000 to 2020. For some funds, 2018 was the year with the most amount of deals. The biggest amount of successful exits happened between 2012 and 2020 years. For some funds, 2020 became the year with the most successful exits.
• Investments – Funds equally often participate in 7 – 12 and 13 – 24 funding rounds per year. The minimum number of funding rounds for VCs in the sample is 17, the maximum is 951. Average number of funding rounds is 249.2 while median is 108.0. The most common amount of funding rounds for VCs in the sample is 38. Minimum amount of lead investments for funds is 2 and maximum is 276. Average amount of lead investments is 55.6 while median is 19.5. The most common amount of lead investments is 6. Index of difference in percentage points of lead investments from the average is between -17.77 and 23.74 for funds in the sample. The average value for this difference is 6.55 and the median is 7.79. It means that these funds act as lead investors more often than other funds.
• Typical Rounds – Funding rounds with these VCs have 4 – 5 or 5 – 6 investors. VCs in the sample have an average round size of less than 100 thousands or 1 – 5 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is 0.0 at minimum and 1186000000.0 at maximum. Average value for this multiplicator is 86800000.29 and median is 0.28. The most common multiplicator value is 0.0.