Navys, a legaltech company focused on simplifying LP transfers for funds lawyers, GPs and LPs, today announced that it has raised $1 million in pre-seed funding. Among the investors are The Legal Tech Fund and other industry leaders across prominent private equity and law firms.

The funding provides early validation for Navys’ approach to solving one of the most manual and inefficient workflows in funds, a challenge that is scaling rapidly alongside growth in the secondaries market. LP transfers involve fragmented communication, repeated document exchanges and long timelines that create friction for all parties involved. Navys addresses this by bringing the entire legal transfer process onto one intuitive platform, allowing transfers to be completed more efficiently and with greater transparency.

Internal testing shows that LP transfers completed using Navys can be closed up to 80 percent faster while reducing email volume by hundreds of emails per transfer. By centralising document review, approvals and communication between parties, the platform removes bottlenecks without changing the underlying legal process.

“Navys has taken a messy process and turned it into something clear and manageable,” said Zach Posner, Co-Founder and Managing Partner at The LegalTech Fund. “Their approach reflects a deep understanding of how lawyers and investors actually work, and we’re excited to back a team solving a real operational problem in the market.”

The investment will support the continued development and commercial rollout of Navys’ LP transfers platform, as well as the delivery of new features informed by feedback from early users. The company is focused on building practical tools that funds professionals can use immediately, rather than speculative productivity gains that don’t address today’s operational realities.

Navys is in a strong position to address this problem. Founded by former funds lawyer and CEO Amr Jomaa, Navys is led by his first-hand experience of the legal and operational challenges involved in LP transfers. This insight has enabled Navys to break down a highly complex process and translate it into software that fits naturally into existing workflows.

As fund managers and law firms look to improve efficiency in a tangible way, LP transfers are a natural starting point. While the process requires legal judgment and oversight, much of the surrounding work remains highly inefficient. Supported by specialist investors and early market validation, Navys is addressing this first, with the goal to modernise critical workflows across the whole funds legal stack.