Legal Fox aims to raise half a million euros via crowdfunding

The Hamburg-based start-up offers legal advice via various portals. Now the Hamburg-based company wants to raise money from private investors.

Artificial intelligence (AI) is also being used in the field of justice; the start-up Legal Fox describes itself as a "lawyer for your pocket" and most recently launched the online portal Bußgeld-Kontrolle, which can be used to check the legality of penalty notices. Now the Hamburg-based company has launched a crowdfunding campaign to raise at least half a million euros from investors. The aim is to drive the start-up's growth.

Small investors can invest in Legal Fox from 100 euros, the base interest rate is 4.5 percent and 5.5 percent for early-birds. The campaign is running via the Conda portal.

CEO Kemal Su founded the startup in 2020 to make legal advice accessible to all. So far, Legal Fox founded three projects. In addition to fine control, there is a portal on violence protection and one that deals with severance pay after losing a job.

Legal Fox wants to invest 40 percent of the 500,000 euros that the start-up wants to raise via crowdfunding in marketing, another 40 percent in expanding the team and 20 percent in technical equipment.