Resources
Announcing our $23M Series B to Accelerate Law Firm Growth Platform Innovation
News

Announcing our $23M Series B to Accelerate Law Firm Growth Platform Innovation

|

October 10, 2025

|

Spotify logo

Listen on

Spotify

Apple Podcasts app icon with a white stylized microphone inside a purple rounded square.

Listen on

Apple Podcasts

Amazon Music logo

Listen on

Amazon Music

A stylized graphic showing a field of grass

We’re excited to announce that we have raised US $23 million in Series B funding led by Tidemark Capital, the growth equity firm founded by Dave Yuan.

With this funding, we’re accelerating the development of our AI-powered growth platform for law firms, designed to unite lawyers, marketing and business development teams into a single, firm-wide growth engine. We’ll be using the funding to bring in new leadership capability into our team and to expand our Product, Engineering, Sales and Business Operations functions.  

“Series B is fuel for the next chapter. We’re doubling down on a product our clients love and the people who build it.”
– Nexl’s CEO, Phil Thurner.

Our culture and mission

We’ve become the home for the best talent in LegalTech and we’re proud to have people from top tier law firms, global professional services firms and fast growing technology companies working at Nexl. We’ve built a culture of LegalTech professionals who are deeply passionate about our mission, while maintaining a remote-first DNA and culture.

The Nexler Way is our culture compass – heading into our next phase of growth, we’re intentional about the culture we’re building as we scale. The Nexler Way ensures we are guided by and aligned to a set of values and operating principles that we believe give us the best chance of executing our mission as one team. Read more about our ways of working here.

“We’re a high-performance team and our Series B fundraise reflects the ambition of everyone at Nexl and our belief in the mission to elevate the business of law.” Nexl’s VP of Strategy & Operations, Albert Patajo. “The people who thrive at Nexl are builders and operators who have scaled before and take an ownership and execution mentality”.  

“We’re always on the look out for top talent to join our mission, particularly talent who loves pace and ownership”, Maddie Maggiore, People & Culture Manager at Nexl, “If you’re looking for career defining impact in your next role, then we would love to speak to you”.  

Join our next stage of growth

Our total funding to date now sits at over USD $35M and alongside Tidemark Capital, we have a strong investor base with deep experience in SaaS including EVP and Shearwater Capital. We’re hiring across Product, Engineering, Sales and Business Operations.

If you’re interested in joining us on this journey, check out our open roles here. If the role you’re looking for isn’t listed, still reach out – we love chatting to talented people who are excited by our mission to elevate the business of law.  

About Nexl

Based in Sydney, with leadership hubs in New York and Chicago, Nexl is the AI-driven growth platform elevating and modernizing the business of law.  By uniting front-office functions into one platform, Nexl helps law firms accelerate revenue growth, deepen and expand client relationships, and empower every lawyer to contribute meaningfully to business development. More than 150 firms worldwide, including AmLaw 100 leaders, trust Nexl to transform the way they operate. Recognized by the Financial Times as one of the fastest-growing Australia/APAC companies, Nexl is setting the standard for innovation in legal industry growth. Learn more at www.nexl.cloud.

Ready to transform your firm's growth?

Gradient background blending from dark purple and black on the left to soft peach on the right.
Request Demo

Leadership & insights

Related posts

View all
Webinars

Rethinking Rainmakers: How Law Firms Can Drive 42% Better Growth Without Heroics

Designed for partners, senior associates, BD leaders, and firm leadership, this session delivers a clear diagnosis of your current BD model and 3–5 concrete actions you can implement in the next 90 days to drive sustainable, scalable growth.

Watch Webinar
Next
Watch the Webinar
White Papers

Value Case Builder Checklist: Turn Great Ideas Into Firm Backed Initiatives

Law firms move quickly, but approvals do not. Great BD and marketing ideas can stall because they are not packaged in a way that speaks the language of partners. To help teams build stronger business and value cases, we have created a practical checklist grounded in two proven frameworks. It brings together the CARD method

Read the Article
Next
Watch the Webinar
News

Bridging the Gap Between Marketing and BD in Law Firms

There’s no single model for success, but there is one clear truth: the firms that operationalise business development – that is, embed it into the rhythm of how their lawyers work – are the ones seeing measurable returns.

Read the Article
Next
Watch the Webinar
Next
Next
Gradient background with smooth transition from dark black at top to purple and then peach at bottom.
Gradient background transitioning from dark black at the top to deep purple, pink, and peach tones at the bottom.