inCase Conveyancing app near doubles revenue post-investment
Since securing £1.5m private equity investment in June 2020, Lavatech Limited, the Manchester based developer of the inCase Conveyancing app has seen rapid business growth increasing revenues by 80% in the first six months of its financial year.
The investment has been used to grow personnel from a headcount of 10 to 23 people in that time with a further 8 positions to be filled by June 2021.
Lavatech has also invested further into its app by adding new features to complement the property sector, including a revolutionary identity checking service which uses a person’s smartphone to read the biometric chip in a passport.
This niche software business is a true success story in what has been a very challenging time for most businesses. Through its innovative method of supporting law firms to communicate with their clients efficiently and securely, inCase has helped hundreds of thousands of clients during the pandemic execute documents and tasks when traditional communication methods have proved impossible. Whether that be completing the property information forms through the app, digitally signing the contract, remotely undertaking identity checks or executing an electronic Transfer Deed. inCase has used its technology to keep the legal processes going when normally they would have ground to a halt.
Reflecting on the company’s recent success, Founder and CEO, Sucheet Amin who is Senior Partner of Aequitas Legal and a past President of Manchester Law Society commented:
“The importance of legal-tech has been drastically highlighted in the past year – suddenly many firms found themselves working from home and confronted with increasing communication challenges – an intuitive app is the perfect remedy for these obstacles.
We are proud to support our client firms at a challenging time to embrace innovation. Since using the app, our clients have reported huge improvements in their client user experience and instruction, as a result many have proved to become more efficient and most likely profitable.”
The most impressive element is that they have only just started their 3 year plan and they fully expect to keep this growth trajectory up throughout the next two and a half years. They plan to release new features every 6 months, with the next big development of their platform offering video conferencing through the app – so clients and their lawyers can securely speak face to face and record vital testimonials and evidence for legal cases. They are also going to be the first provider to provide electronic Transfer Deeds for the property industry, meaning clients can execute more documents from the comfort of their own home!
For more information, visit www.in-case.co.uk.
Kindly shared by in-Case