MDR Lab

What is MDR Lab?

MDR Lab is a Corporate Venture Capital fund focused on incubating and investing in promising early-stage legal technology companies. With their headquarters located at 70 Kingsway, Africa House, London, England, they provide a tailored program to support startups in the legal sector.

MDR Lab's investment scope ranges from a minimum of £15,000 to a maximum of £50,000, emphasizing their niche in early-stage and seed funding for companies that seek to transform the practice and business of law. Their comprehensive program is designed to bridge the gap between law and technology, driving change in the legal industry and giving startups an advantage in understanding how firms and buyers of legal services can benefit from new technologies.

By creating opportunities for startups to work with users early on, MDR Lab aims to accelerate the path to product-market fit and commercial traction for these legal entrepreneurs.

Through their intentionally high conviction, low-volume approach, MDR Lab builds small cohorts of companies throughout the year, ensuring they can provide enough resources and support to each startup's product development and commercial objectives. The 12-week program offers startups access to people, data, product development guidance, and potential commercial relationships or investments.

MDR Lab's alumni have a track record of raising significant funds and establishing commercial relationships with leading law firms and professional outfits worldwide. Their approach has been acknowledged to substantially advance product development and help companies embed within a firm, access decision-makers and end-users, and get real-time, collaborative feedback, which is particularly challenging to obtain in the legal sector. With a commitment to fostering innovation and making substantial progress in a relatively short timeframe, MDR Lab has worked with over 35 emerging companies across Europe, North America, and the Middle East.

What they say:

We invest in early stage companies in the legal space and help them find pmf and get ready for commercial traction