Amsterdam, 7 April 2020 – Appjection, the online platform to object to unjust traffic fines, receives an investment of € 400,000 from ARAG and Arches Capital. Appjection will further expand its leading position through this investment.
Appjection has developed a digital service that makes it easy to object to a wrongful traffic fine. In two years’ time, the company has become market leader in the Netherlands with attractive partners such as leasing companies, mobile parking apps and legal service providers.
“We started two years ago with the goal of improving access to justice in the Netherlands. We see that many people can benefit from making good use of their civil rights. This investment enables us to significantly expand our services, strengthen our collaboration with relevant authorities and help many more people solve their legal problems”.Max Heck, CEO and founder of Appjection
“Within the ARAG Legal Tech Studio we combine our experience, network and the scale of ARAG with the technology and creativity of startups. We are very pleased to see the growth of Appjection and that we can continue to support the team in our common ambitious goal of making justice accessible to everyone”.Richard Faas, Director of Innovation at ARAG Netherlands
“The deep motivation of the Appjection team to fight injustice is convincing. The strategy to roll out the business model together with their partners in the Netherlands and Europe is very appealing and the cooperation with the team is very pleasant and professional”.Frank Appeldoorn, Managing Partner at Arches Capital
Appjection, a fast-growing legal tech startup, helps people object to unjust traffic fines. The system developed by Appjection checks the fine and determines whether there are legal grounds to object. Appjection distinguishes itself through this filtering function, and aims to improve access to the law, together with the relevant authorities.
For more information visit: www.appjection.nl
ARAG is an independent legal expenses insurer and legal service provider. We make the law accessible and affordable for everyone. Our ambition is to be the best legal problem solver in the Netherlands. Customer satisfaction and quality of service are our starting points.
ARAG Nederland is part of the ARAG Group, an originally German family business with 4,500 employees in 15 European countries, Australia, the United States and Canada. With almost 800 professionals in the Netherlands, we operate from Amsterdam, Rotterdam, The Hague, Leusden and Roermond.
For more information visit: www.arag.nl / www.legaltechfactory.com
About Arches Capital
Arches Capital, a fast-growing group of business angels, invests in startup and scaleup companies with a large growth potential. Through its investments, Arches Capital bridges the gap between formal investors (VCs) and informal investors (business angels), by joining the best of both worlds:
” We source, select and invest like a VC;
We engage, care and inspire as the angel we are.”
By bundling smart capital (combining funding with real business knowledge and experience) with true engagement (actively working together to achieve growth), we are able to ignite early stage companies achieve above-average growth. Arches Capital distinguishes itself from other angel networks by its active support to angels building a broad and professional investment portfolio, co-investment from Arches Capital in each deal and the unique distribution of proceeds amongst its members.
For more information visit: www.arches.capital