LexDo.it lands €1.7M to boost its platform for launching and running businesses
Italian digital platform LexDo.it secured €1.7 million in a pre-Series A round, marking a significant step toward simplifying business creation in Europe. The platform aims to streamline the process of starting and managing businesses online, addressing the complexities often faced by entrepreneurs. The funding round included investments from business angels, Invitalia, and fintech company Viceversa. Founded in 2015 by Giovanni Toffoletto, LexDo.it offers a comprehensive digital solution for online incorporation, accounting, contracts, and consultancy. The platform currently serves over 400,000 users and has facilitated the launch of more than 6,500 businesses. It reduces first-year costs by up to €3,000 compared to traditional channels, where starting a business can be costly and complex. This funding will support LexDo.it's expansion plans, including team growth through 2025 and accelerating its technology roadmap. The focus will be on incorporating AI and automation to further digitalize and streamline management processes for small and medium-sized enterprises (SMEs) and professionals. This investment underscores the growing importance of digital tools in fostering entrepreneurship and simplifying business operations in Europe.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.
Mollie
Mollie is a Dutch payment service provider that facilitates online and in-person payment processing for businesses. It enables users to accept various payment methods, including credit cards, bank transfers, and digital wallets. Key features include quick setup, transparent pricing, and support for multiple European payment methods. Mollie is suitable for businesses of all sizes, from startups to established enterprises, looking to streamline their payment processes and expand their customer reach by offering diverse payment options.
Mailbox
Mailbox.org is a secure email provider offering a comprehensive digital workspace. It provides email, calendar, cloud storage, and an office suite, including document editing, and video conferencing capabilities. This service is designed for both individuals and businesses seeking GDPR-compliant communication and data storage solutions. Key features include end-to-end encryption options, secure file sharing, and customizable domain support.