Christchurch-founded lawtech firm VXT has raised $2.5 million at a $45m valuation including backing from Silicon Valley venture capital firm Alpine VC. VXT’s software wrangles calls, text and other communications for lawyers, including using AI to transcribe and summarise exchanges, then plugging file notes into a firm’s practice management software.
Chief executive Luke Campbell’s LinkedIn bio simply reads: “Putting an end to Microsoft Teams”. He founded the firm in 2019 with fellow Canterbury University student Lucy Turner (chief technology officer). VXT began as a tool for converting voicemails to text.
The pair raised $600,000 in seed money, and backing from start-up programmes run by their university, Google and Vodafone (now One NZ)..
Technology
Christchurch Lawtech firm VXT raises $2.5m at $45m valuation with Silicon Valley backing

Firm says it's fast growing in the US and tracking to a $100m revenue within two years.