Pan-European private equity investor Oakley Capital’s Oakley Capital Origin Fund is partnering with the founders of vLex, a cloud-based legal information subscription platform.
Founded by brothers Lluis and Angel Faus and headquartered in London, Miami and Barcelona, vLex provides over two million users with access to an online library of global legal and regulatory information including case law, legislation, journals and dockets from over 100 countries. vLex’s scalable and smart data ingestion process, coupled with AI-powered search engine functionality makes research and analysis faster and easier, increasing productivity for users. The Company’s diverse customer base includes law firms, universities and law schools, government agencies and corporates across Europe, Africa, Asia, Oceania, the Caribbean, and the Americas
vLex has consistently generated double-digit revenue growth in recent years, thanks to strong management, a differentiated product offering and market tailwinds. The Company expects profits to grow more than 20% this year. The global LegalTech market is worth $21 billion and growing as legal information users digitalise their business models further and amid the growing complexity and internationalisation of laws and regulations.