Über
Tactile
Unternehmensgröße
Funding
Hauptsitz
Website
https://www.taktile.com/Die Herausforderung
At the start of the collaboration, Tactile was in the Series A phase and faced a typical challenge for many growing SaaS companies:
- It was necessary to deal with a wide range of legal topics: customer contracts, HR processes, corporate governance, everyday legal issues,
- However, the need for advice was very irregular and difficult to predict, because sometimes support was only needed a few days or hours a week, and
- A full-time in-house lawyer was neither economically justified nor necessary in this phase.
Former external law firms had created good structures, but they reached their limits:
- They were not always available ad hoc, as they mostly work on a project-based basis
- they were too expensive for many everyday tasks, and
- In some cases, there was a lack of practical experience with fast-growing tech startups.
Tactile was looking for someone who would provide them with targeted support in order to:
- to strategically align the company for the next phase of growth,
- prepare for major milestones such as Series B and expansion to the USA, and
- to establish internal processes that are scalable.
The claim was clear: Experienced, pragmatic support from someone who has already successfully helped shape this journey several times.
“Having Paxa as our Fractional GC is invaluable. The flexibility of being able to rely on a trustworthy legal advisor at any time allows us to remain agile while focusing on our core growth.
Our legal advisor's deep understanding of the challenges and solutions for start-ups has given us a head start over potential problems, and the personalized service is better than anything we've ever experienced with traditional law firms.”
Quote from Maik Wehmeyer, CEO
Die Lösung
Paxa supported Tactile as Fractional General Counsel:
- Continuous, proactive advice, but flexible and adapted to actual needs,
- deep business insights and close coordination with management team and operational departments, and
- Focus on scalability and long-term decision making, e.g. through:
- clean sales bases,
- efficient contract processes, and
- strategic corporate governance structures.
Die Ergebnisse
The results speak for themselves:
- Taktile has now grown to over 180 employees, including more than 50 in the USA. The company has successfully completed its Series B financing round and established scalable sales structures,
- thanks to the legal framework created by Paxa, the sales team can act quickly and close deals efficiently, and
- Paxa is still on board, but now often only provides a few hours of support per week, because we know the business in detail and act with foresight.
The result: Tactile is fully legally protected, efficient, flexible and without the costs of a permanent full-time lawyer.