
VXT
A software company revolutionizing small business communications by providing affordable voice message management and automation tools.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | NZD2.5m Valuation: NZD45.0m | Early VC | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
VXT is a company that operates in the legal technology sector, offering an AI-powered communications platform designed primarily for law firms and recruitment professionals. The platform's core function is to automate administrative tasks related to client communication, thereby enabling professionals to focus on billable work.
The service automatically records, transcribes, and summarizes phone calls and video meetings. These records and summaries can be integrated directly into the user's existing practice management software, such as Actionstep. This integration facilitates the capture of billable hours that might otherwise be lost and helps maintain accurate client records, which can reduce professional risk.
The business model appears to be a subscription-based service (SaaS), where law firms and other professional services pay to use the platform's features. The target market consists of professionals who engage in frequent client communication and need to track their time accurately for billing purposes. By automating the transcription and time-logging process, VXT helps its clients improve efficiency and profitability.
Keywords: communication platform, legal tech, call transcription, AI-powered, practice management, workflow automation, billable hours, client communication, legal services, recruitment