"Logan Brown, a 30-year-old corporate lawyer, began the year billing hours at the global law firm Cooley. Now she's building a tech-first law firm that meets the routine needs of startups, without the Big Law price tag. Soxton, Brown's new venture, has raised $2.5 million in pre-seed funding, Business Insider has learned exclusively. "I didn't have a deck. I didn't have a team," Brown said. Instead, she told investors, "I am building the solution for founders. That is not the billable hour.""
"Two weeks after her last day, she flew to New York City and dropped in on an event hosted by a fund she had pitched. There, she met Katie Jacobs Stanton, a venture capitalist who founded Moxxie Ventures and who has held executive roles at Twitter, Google, and Yahoo. Brown gave her the quick version of Soxton on the spot. Moxxie Ventures sent over a term sheet within a week."
Logan Brown left her role at Cooley to found Soxton, a tech-first law firm focused on routine legal needs of startups at lower cost than Big Law. Soxton raised $2.5 million in pre-seed funding led by Moxxie Ventures, with investors including Coalition, Strobe Ventures, Flex, Park Rangers Capital, and Caterina Fake. The firm has served over 270 early-stage companies and offers direct legal services—incorporation, fundraising, equity issuance, and compliance checks—targeting founders who might otherwise use ChatGPT. Soxton does not sell software to law firms and is positioned to handle standard startup legal tasks while acknowledging nuanced legal work still requires traditional firms.
Read at Business Insider
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