amicable, a couples-led divorce service, has secured a further £1.2 million in funding.
The funding follows a period of rapid growth for the business and comes at a pivotal time for the industry, with new No Fault divorce legislation coming into effect in spring 2022 – the biggest change to divorce law in 50 years.
The introduction of the new No Fault divorce law will remove the blame game from the divorce process, and amicable says it is perfectly placed to deliver kinder, friendlier divorces across the UK.
The round, led by 24Haymarket and existing angel investors, follows previous angel investment in the LegalTech firm.
amicable, which supports thousands of couples each year, will use the investment to reach more customers, grow the team and to develop new technology to assist couples with their financial settlements.
“From inception, amicable has disrupted the family law market by taking a customer-eyed view of the legal services sector,” said Pip Wilson, CEO.
“We now stand on the edge of the biggest change to divorce laws in over 50 years and we are hugely excited by the opportunity to help more couples and shape a changing narrative around divorce for our customers.
“We are delighted to be working with 24 Haymarket and our fantastic angel investors in order to take the business to the next stage. amicable is poised to help thousands more couples and families navigate separation, and this latest investment will enable that success.”