Deal Ticker: Kellerhals Carrard advised Logol AG in its financing round
Logol AG, a leading provider of innovative software solutions based in Zug, Switzerland, announced that it has successfully secured 3 million CHF in funding from private debt and one of the most important Swiss banks. As a disruptive technology company, Logol is committed to guiding businesses of all sizes through their digital transformation journey, leveraging Cloud Computing and Artificial Intelligence-driven solutions. The company's flagship product, ELLE, has been specifically designed for the legal sector and has already established itself as the market leader in the enterprise sector of combined ERP and DMS solutions for the legal sector in Switzerland.
The newly acquired funds will be used to further develop ELLE's artificial intelligence capabilities and to further penetrate the market with innovative marketing activities.
The financing round was supervised by the law firm Kellerhals Carrard and led by Partner Stefano Perucchi (M&A/VC).
Marco Farina, the CEO of Logol, expressed his enthusiasm about the recent funding round: "We are extremely grateful for the continued support from our private debt partners, the confidence shown by one of the most prominent Swiss banks and the collaboration with Kellerhals Carrard. This investment will enable us to strengthen ELLE's position as a market-leading solution and expand our reach, delivering innovative AI-driven features that will empower law firm in their digital transformation journey."