Breaking
US$23M SERIES B led by Tidemark Capital closes Oct 2025 150+ LAW FIRMS worldwide, including AmLaw 100 leaders ZERO-ENTRY CRM - lawyers never type into it Founded 2018 in Sydney by Philipp Thurner Named by Financial Times among fastest-growing APAC firms Hubs in Sydney · New York · Chicago
Company Profile · Legal Technology · Sydney

Nexl

"Turn your BD strategy into daily action."

The AI-powered growth platform built only for law firms - uniting CRM, relationship intelligence, marketing, and collaborative workspaces into one front-office engine.

Legal CRM Relationship Intelligence B2B SaaS AI
Nexl company logo
NEXL — The Sydney-born platform for the business of law, photographed in brand. Its signature: a CRM lawyers never have to type into.
2018
Founded
150+
Law Firm Clients
$23M
Series B (2025)
3
Continents Served
01

What Nexl Does

Law firms run on relationships - who a partner knows, which client is quietly drifting away, which practice could be introduced to whose contact. For decades that knowledge lived in people's heads and in customer-relationship software that lawyers were supposed to fill in but rarely did. Nexl was built to fix exactly that.

Founded in Sydney in 2018 by Philipp Thurner, Nexl is an AI-powered growth platform designed exclusively for the business side of law. It brings CRM, marketing, business development, and collaboration into a single system that connects lawyers with the marketing and BD teams who support them.

The defining idea is "zero-entry." Instead of asking lawyers to log contacts and meetings, Nexl captures relationship data automatically from email and calendar activity - mapping who knows who across the firm without anyone typing a thing. That single design choice addresses the reason most legal CRMs fail: nobody uses them.

On top of that clean relationship data, Nexl layers pipeline tracking, referral tracking, targeted marketing, opportunity management, and an AI layer that surfaces cross-sell openings, revenue insights, and at-risk client alerts. The result is meant to turn CRM from a passive filing cabinet into an active growth engine.

More than 150 firms worldwide - including AmLaw 100 leaders - now use it, spanning Australia and New Zealand, the Americas, and EMEA. The company keeps its headquarters in Sydney while running leadership hubs in New York and Chicago.

Nexl lets "every lawyer contribute to growth," while elevating marketing and business development as "strategic partners" inside the firm. Philipp Thurner · CEO & Founder
02

The Problem It Solves

Why legacy legal CRM breaks

  • Manual data entry that lawyers avoid, so records go stale
  • No firm-wide view of who holds which client relationship
  • Cross-sell and referral opportunities go unnoticed
  • At-risk clients drift away before anyone acts
  • Disconnected tools create extra work, not less

How Nexl answers it

  • Automatic capture of emails, meetings, and interactions
  • One firm-wide map of every relationship - "who knows who"
  • Cross-sell alerts and opportunity tracking built in
  • Client-health signals surfaced by the AI layer
  • CRM, marketing, and workspaces in a single platform

Nexl targets firms with roughly 50+ attorneys - the point at which relationship data becomes too complex to hold in anyone's head.

03

Products & Services

Core · 2021

Nexl CRM

A zero-entry, purpose-built legal CRM and Enterprise Relationship Management system. It automatically captures emails, meetings, and interactions to give firms unified relationship intelligence - no manual data entry required.

2022

Nexl Marketing

Targeted, compliant marketing: email campaigns, audience segmentation, consent and preference management, and event management - all tied to the firm's live relationship data.

2022

Nexl Workspace

Collaborative planning and execution hubs where lawyers, marketing, and BD teams manage pipelines, opportunities, projects, and business development workflows together.

2025

Nexl AI

A growth-intelligence layer that surfaces relationship insights, cross-sell opportunities, at-risk client alerts, revenue insights, and market data across the whole platform.

04

How It's Different

Most firms could technically bolt a generic CRM like Salesforce or HubSpot onto their practice, and several legacy legal players - InterAction, Litera, Introhive - have long served the market. What sets Nexl apart is that it was built from the ground up for how law firms actually grow, rather than adapted from a sales tool.

The automatic data capture removes the adoption tax that sinks other systems. Its collaboration features reach beyond marketing to the lawyers themselves. And its integrations - notably with Microsoft Outlook and Microsoft 365 - map email relationships without manual work.

One customer summed the appeal up as "a Swiss Army knife," adding that "Nexl makes my life so easy... it's the modern solution." For firms drowning in disconnected point tools, consolidation is itself the feature.

In market terms, Nexl sits in the growing category of relationship-intelligence and business-development software for professional services - a space investors increasingly see as under-served. Tidemark Capital, which led the Series B, frames Nexl as the platform turning the business of law into a genuine, firm-wide growth engine.

"A Swiss Army knife. Nexl makes my life so easy - it's the modern solution." Nexl customer, quoted by Tidemark Capital
05

Funding & Backers

Series A
US$6.6M · Dec 2023
Series B
US$23M · Oct 2025

Nexl's US$23M Series B, announced in October 2025, was led by growth-equity firm Tidemark Capital - founded by Dave Yuan - with existing investors Shearwater Capital and EVP participating. It followed a US$6.6M Series A in December 2023.

The company said the new capital will fund development of its AI-powered growth platform, advance an acquisition strategy, and support several new leadership appointments. Some Australian coverage cited the round in local terms (around A$35M), reflecting currency conversion of the same US$23M raise.

Tidemark Capital (lead)Shearwater CapitalEVPDave Yuan

Figures reflect publicly announced rounds. Company valuation has not been disclosed.

06

Timeline

2018

Nexl is founded in Sydney

Philipp Thurner, formerly head of innovation at Australian firm Gilbert + Tobin, starts Nexl to modernize the business side of law.

2021

Pivot to a law-firm growth platform

Nexl focuses on helping firms collaborate across marketing, BD, and operations, with a zero-entry CRM at its core.

2023

US$6.6M Series A

EVP and Shearwater back a Series A to expand the platform and customer base.

2025

US$23M Series B & Nexl AI

Tidemark Capital leads a Series B as Nexl expands its AI growth-intelligence layer and crosses 150+ firm customers.

07

The Founder

Philipp Thurner is Nexl's CEO and founder. Before starting the company he led innovation at Gilbert + Tobin, a major Australian law firm, where he watched partners quietly ignore the expensive CRM the firm had bought. That inside view of the adoption problem became the founding premise of Nexl: build the system lawyers would actually use.

Under his leadership Nexl has grown from a Sydney startup into a globally distributed company with leadership hubs in New York and Chicago and a customer base that reaches the top of the AmLaw rankings. Thurner's stated goal is to make business development scalable and accessible - so growth is driven by the whole firm, not just a handful of rainmakers.

08

FAQ

What does Nexl do?

Nexl is an AI-powered growth platform for law firms that combines CRM, relationship intelligence, marketing, and collaborative workspaces into one system to help firms grow revenue and manage client relationships.

How is Nexl different from a normal CRM?

It is purpose-built for law firms and uses a zero-entry approach: it automatically captures emails, meetings, and interactions so lawyers never have to log data manually - solving the low-adoption problem of legacy legal CRMs.

Who founded Nexl and when?

Nexl was founded in 2018 by Philipp Thurner, who previously led innovation at Australian law firm Gilbert + Tobin. He is CEO.

How much funding has Nexl raised?

Nexl raised a US$6.6M Series A in December 2023 and a US$23M Series B led by Tidemark Capital in October 2025, with existing investors Shearwater and EVP participating.

Who uses Nexl?

More than 150 law firms worldwide, including AmLaw 100 leaders - typically firms with 50 or more attorneys across ANZ, the Americas, and EMEA.