Woodpecker

Woodpecker

Closed: Nov. 2018

About this raise

Woodpecker is here to change the game when it comes to legal documents. Specifically, they are a “...document automation platform that empowers modern law firms to automate and standardize their frequently used legal documents.” Woodpecker is affordable, and attorneys can still use Microsoft Word while avoiding the hassle and cost of moving to a new platform. Their goal is to develop intuitive and affordable software that allows lawyers to spend time where it matters -- not on paperwork. No longer are attorneys left with a manual search-and-replace method that results in errors and wasted time. Now, they can quickly and easily standardize new and existing legal documents, automatically create and prepare documents, and eliminate mistakes and typos.

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Investment Overview

Invested this round: $20,771

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
06/29/2018
Close Date
11/30/2018
Min. Goal
$10,000
Max Goal
$107,000
Min. Investment

$199

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.10

Pre-Money Valuation

$1,070,000

Company & Team

Company

Year Founded
2017
Industry
Business Services, Software, & Applications
Tech Sector
Location
Boston, Massachusetts
Company Website
Visit Website

Team

Employees
5

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/30/2018 Netcapital $1,070,000 $20,771 Equity - Common Funded RegCF
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Founder Profile

Founder Profile: Streamlining Legal Document Preparation With Woodpecker Founder & CEO, Alex Melehy

Law firms have a combined annual revenue of about $302B in the US. Although some gargantuan firms may constitute a significant portion of that number, there’s about 450,000 registered practices that exist. The nature of the business limits the opportunity for tech expansion, but the market is certainly receptive to process streamlining that can expedite tedious labor.


 Alex Melehy is a product and engineering specialist who has developed a simple tool to decrease document prep time and increase law firm efficiency. It’s a complementary  solution, but the simplicity is a great fit for a traditionally hesitant market. 

Read Founder Interview

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Woodpecker on Netcapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $1,070,000
Price per Share: $0.10

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Warning: according to the close date for this deal, Woodpecker may no longer be accepting investments.

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