Friends of ICONYC!
As always, lots is happening at ICONYC. With 2018 just a couple months away our companies are expected to have a strong finish to the year with many in the midst of closing strategic funding rounds and key customers. In addition, we’re actively recruiting new Israeli startups to join our platform and look forward to hosting one of our largest community events to date next week.
One industry where there’s massive opportunity to innovate is the legal space. Calls for lawyers to embrace technology are growing and tech startups are actively working to replace legal elements with artificial intelligence. According to a recent report by Crunchbase, legal tech is booming with startups operating in the space receiving $1.5 billion in funding across 610 deals since 2010 and seed funding continues to stay strong. Over the last couple of years we’ve screened many startups in the space and this month we welcomed the first legal tech startup to the ICONYC labs family. Read more on our Newsletter