Logikcull
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Logikcull - overview
Established
2004
Location
San Francisco, CA, US
Primary Industry
Software
About
Logik Systems, Inc. provides innovative legal technology solutions specializing in cloud-based eDiscovery and legal hold software, aimed at improving efficiency for legal teams across various sectors. Founded in 2004 in San Francisco, US, Logik Systems, Inc. specializes in eDiscovery software that automates legal data processing and management.
The company has engaged in four deals to date, with its latest funding round being Series B, where it raised USD 25. 00 mn led by New Enterprise Associates. The firm has been actively working in the legal technology space, continuously enhancing its product offerings. The CEO is Andy Wilson, and the company was founded by Sheng Yang.
Logikcull primarily offers a cloud-based eDiscovery and legal holds software designed to streamline the discovery process for legal teams. Its core product automates data collection and processing, featuring automatic data indexing, deduplication, and categorization. The software integrates with platforms like Google Vault, Microsoft 365, and Slack, enabling rapid data gathering for over 1,500 organizations. This facilitates a significant data reduction of up to 97% before document review, serving clients across North America, Europe, and parts of Asia.
Logikcull generates revenue through a subscription model, allowing clients tiered access to its eDiscovery platform based on selected features. Clients benefit from a self-service approach, enabling efficient file management and integration with data sources. This model not only enhances user efficiency but also drives revenue by supporting clients in reducing response times for legal inquiries, making it a valuable resource for legal teams. In August 2023, Reveal Data Corporation / Brainspace Corporation acquired Logik Systems, Inc.
, aiming to enhance their offerings with AI-based eDiscovery options for various market segments. This acquisition is intended to provide improved solutions for both down-market and enterprise customers, positioning the combined entity for expanded reach in the legal technology sector.
Current Investors
Storm Ventures, OpenView, New Enterprise Associates
Primary Industry
Software
Sub Industries
Legal Software
Website
www.logikcull.com
Verticals
Cloud Computing
Company Stage
Series B
Total Amount Raised
Subscriber access only
Logikcull - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Logikcull | - |
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