Legal Fox wants 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 recently launched the online portal Bußgeld-Kontrolle, which can be used to check the legality of fine notices. The Hamburg-based company has now 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, with a basic interest rate of 4.5 percent and 5.5 percent for early birds. The campaign is being run via the Conda portal.

CEO Kemal Su founded the start-up in 2020 to make legal advice accessible to everyone. Legal Fox has founded three projects so far. In addition to checking fines, there is a portal on the topic of protection against violence and one that deals with severance pay after the loss of a job.

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