LawGeex is incredibly pleased and humbled to be named by Red Herring as one of the Top 100 in Europe.
Yesterday, Red Herring announced its prestigious Top 100 Europe award winners, and LawGeex was honored to be among the highly select group.
The award is an acknowledgment that the legaltech revolution has arrived and that it is no longer just for the technologically curious. Legaltech is being embraced by the commercial mainstream from enterprise to small business.
“We’re very proud of the recognition the Red Herring award brings, especially when you consider the tech giants who were recognized before us,” said Noory Bechor, LawGeex CEO.
Red Herring’s Top 100 list has a record of identifying promising new companies including tech giants such as Alibaba, Facebook, Google, Salesforce, Skype, Spotify, Twitter, and YouTube.
“In 2019, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher, and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe LawGeex embodies the vision, drive, and innovation that define a successful entrepreneurial venture. LawGeex should be proud of its accomplishment, as the competition was very strong.”
Red Herring evaluates companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy, and market penetration. The assessment is complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models.
“In accepting this award, we must thank our Geex for their dedication – and most of all our customers for engaging us and pushing us forward. We will continue to advance legal through technology and innovation,” added Bechor.
LawGeex AI Contract Review Automation (CRA) saves up to 90 percent of contract review time and cost, allowing lawyers to focus on strategic work. It enables legal teams to reduce risk while supporting business growth. LawGeex is recognized by Gartner as a leading force in legal innovation and serves dozens of Fortune 500 and Global 2000 customers, including three out of the top five insurance companies.