Minutebook
A toolchain for company builders, investors and lawyers.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | CAD3.5m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Minutebook Technologies Corporation operates a digital platform designed to modernize the management of corporate legal records for the legal industry. Founded in 2022 by CEO Ryan Wilson, the Vancouver-based company aims to streamline processes related to equity ownership, corporate records, and legal agreements. Wilson's motivation stemmed from his experiences as a founder and investor, where he identified inefficiencies in managing employee stock ownership and the manual nature of private company investing.
The company's core offering is a cloud-based platform that serves as a digital minute book, moving away from traditional paper-based record-keeping. This addresses the legal requirement for all corporations to maintain a historical record of official documents and decisions, such as articles of incorporation, board resolutions, and shareholder agreements. The platform is targeted at law firms and their corporate clients, enabling legal professionals to offer a more efficient, digital experience. For companies, the service increases transparency of Employee Stock Ownership Plans, expedites financing rounds, and simplifies preparation for mergers and acquisitions through features like document generation and consent management. Law firms benefit from the ability to quickly onboard new clients and provide a modern, secure service.
Minutebook generates revenue through a subscription-based model, offering its platform to automate and manage corporate legal data. The company secured $3.5 million in an oversubscribed seed funding round in June 2023, with investments from venture capitalists and partners from Canadian law firms. This capital is being used to support its go-to-market strategy, expand its customer base, and enhance its team. Security is a significant focus, with the company working towards SOC 2 Type II attestation to ensure robust data protection.
Keywords: digital minute book, legal technology, corporate records management, equity ownership platform, legal agreements automation, entity management software, corporate governance software, cap table management, shareholder management, legal practice automation, corporate law platform, venture financing tool, employee stock ownership plan management, SOC 2 compliance legal tech, Ryan Wilson, legal document management, digital incorporation, cloud-based legal records, legal workflow automation, M&A preparation software, law firm technology