10 OCTOBER 2018 (SYDNEY): LegalVision has advised SafetyCulture on a $4 million funding round for mobile technology platform EdApp. The deal is one of SafetyCulture’s largest external investments, following its own $60 million funding round in May. SafetyCulture CEO Luke Anear will join EdApp’s board.
EdApp delivers workplace training but uses a mobile-first approach to reflect how employees now consume and engage with content. The funding will fuel the startup’s user-base growth in Australia and overseas, which already counts Mercedes Benz, Mars, Shell and Pandora as customers.
The LegalVision team was led by Anurag Verma (Practice Leader) and was supported by Nadine Martino (Senior Lawyer). LegalVision advised on all legal aspects of the investment, from structuring to due diligence through to negotiation and providing tax guidance.
“SafetyCulture is an Australian success story and we were delighted to work with their team to achieve this significant milestone. This deal also showcases LegalVision’s breadth of experience and our ability to run transactions of this complexity.”
“We are very excited to be working with the EdApp team as they accelerate their global expansion,” said Ben Watiwat, Head of Finance at SafetyCulture.
“LegalVision’s deep understanding of startups enabled us to close this deal with confidence. We look forward to working with Anurag and the team in the future as we power ahead with our digital-first growth strategy.”
Anthony Lieu (Head of Marketing – LegalVision)
1300 544 755
About LegalVision (Media Kit https://legalvision.com.au/media/)
LegalVision is a market disruptor in the commercial legal services industry. Their innovative business model and custom-built technology assist their lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 50,000 businesses. The firm was awarded NewLaw Firm of the Year at the 2017 Australian Law Awards and named the fastest growing law firm in the Asia-Pacific by the Financial Times.