Lexicata charges $50 to $1,000 monthly plus setup fees
Michael Chasen · 1308 Salesforce for Lawyers Passes $3m in ARR, Basically Bootstrapped · Feb 22, 2019 · at 3:09
Michael Chasen, co-founder and CEO of Lexicata, explains the pricing structure and onboarding fees for the legal CRM platform.
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“We started about 50 bucks a month for a single user and we go all the way up to like, you know, a thousand bucks a month, depending on the size of the firm. And then you can do an annual plan plus the, you know, at least a couple of hundreds per setup up to a few thousand.”
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Lexicata maintains a customer acquisition cost of roughly $50
“Like it's in the, like, you know, 50 to hour range mainly because we don't do a ton of marketing because it's just hard to like
Find these people.”
Lexicata's average customer pays approximately $100 per month
“Average customer is about a hundred bucks a month.”
Lawkick pivoted to Lexicata after nearly exhausting its initial seed funding
“So when we first started the company that was Lawkick, we raised a few 100,000 dollars, And we basically were close to out of money and that's what kind of like forced the pivot. And since then we've been completely bootstrapped off the status.”