We are very excited to announce that High Alpha Capital has invested in Doxly, a High Alpha Studio portfolio company.
Doxly transforms the archaic, chaotic process of managing legal transactions into a streamlined, efficient process. Doxly’s secure cloud-based platform automates workflows for diligence and closing checklists, provides transaction-specific analytics and reports, enables legal teams and clients to collaborate on documents, automates electronic signature collection and archives transaction-related information to create digital “closing books” in a secure and trusted environment.
High Alpha invested as part of Doxly’s $2.25M Series Seed financing round, alongside Nextlaw Labs, Hyde Park Venture Partners, and a number of strategic angel investors. Nextlaw Labs is a business accelerator developed by global firm Dentons focused on investing in, developing and deploying new technologies to transform the practice of law. Doxly also added Dentons, the world’s largest law firm, as a customer.
Doxly launched out of High Alpha Studio in July, but has been excited about the idea since CEO Haley Altman originally brought it to the team. We believe there is enormous potential in vertical SaaS, particularly in the legal industry. The combination of Nextlaw Labs’ industry expertise and Hyde Park’s software expertise will help further validate Doxly’s vision and execution.
To learn more, please read Doxly’s press release.