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Startup Name: Qase Inc.
Tagline: Qase connects people with lawyers who can help them with their everyday legal problems online.
Elevator Pitch: Over half of Canadians will face at least one legal issue, but most never talk to a lawyer. Yet lawyers on average bill fewer than 3 hours a day, spending the rest of their time on administration and finding new clients.
Qase connects people with lawyers, then provides the tools they need to work together online, anywhere, anytime. Clients pay-as-they-go by credit card. Lawyers pay Qase a flat fee for every hour billed.
Target Market: Qase is an online two-sided marketplace for legal services, so we are both B2B and B2C. Our B2B customers are lawyers working as solo practitioners or at small firms looking to increase revenues. Our B2C customers are clients who can afford legal services but are looking for convenient and responsive ways of obtaining them.
How will you make money?: Qase charges lawyers a flat fee for each hour of billable work in the platform.
For example, a client engages a lawyer to review a contract. The lawyer’s charge-out is $300/hour and estimates she will need 2 hours to complete the work for a total cost of $600. Qase’s hourly fee is $75, which means the lawyer will pay Qase 2x$75 = $150 of the $600. This is equivalent to a take rate (rake) of 25%; note Qase is discounting this rate substantially for early adopters.
How much capital have you raised?: None
Founder(s) Name: Dan Zollmann & Thomas Spraggs
Website: https://www.qase.ca
Twitter: @QaseCanada
City/Country: Vancouver, Canada
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