Shane Murphy is the co-founder of Founded, a legal platform that makes it easy to start, build and grow businesses. Thousands of businesses and law firms trust Founded to automate legal work, including incorporations, legal documents, and ongoing compliance, creating a collaborative legal experience. RBC Ventures would later acquire Founded.
Shane started his legal career at one of Canada's largest law firms and then moved to a business and litigation boutique firm. At Founded, Shane leads all legal products and processes, closely working with the design and engineering teams. Shane also assists with establishing the future strategy of Founded. An expert on startup companies with global ambitions, Shane has appeared as a guest on BNN's "The Disruptors" and provides educational support to entrepreneurs through the Entrepreneurship 101 program at MaRS. He holds two law degrees from McGill University, and a master's degree from the London School of Economics. Shane is a lifelong musician and plays bass in the Toronto-based punk rock band, The Do-Nothings.
Industry Expertise (2)
Areas of Expertise (10)
Legal Software and Technologies
Litigation and Policy
Business Growth Strategies
Co-Founder - Founded Technologies (professional)
When Founded launched in 2017, co-founders Derek Hopfner, Shane Murphy and Travis Houlette were driven by the company’s mission to make the legal side of business an effortless experience for entrepreneurs. Within a few short years, thousands of dedicated business users joined Founded. Fast forward to this year: the company made the announcement that they had been acquired by RBC Ventures.
London School of Economics and Political Theory: M.Sc., Political Theory
McGill University: LL.B. and B.C.L.
- RBC Ventures : Director, 2020 - Present
- Founded : Co-Founder, 2017 - 2020
- Law Scout : Co-Founder, 2015 - 2017
Media Appearances (7)
Ownr report suggests more entrepreneurs placing faith in digital over brick-and-mortar
“Amid widespread lockdowns across the country, many new businesses were born online while small business owners focused on investing in building their digital presence,” according to the survey. Ownr, a business formation and legal management platform, found that three out of four (76.9 percent) of entrepreneurs said their businesses had an online presence, with 46.6 percent of entrepreneurs operating both online, and brick-and-mortar. Overall, entrepreneurs whose businesses operated exclusively online made up 30.3 percent of the people Ownr surveyed. Of those, more than half (56.4 percent) do not plan to open a physical retail location in the near future. The report said that pointed to a “potential risk in the revival of the vibrant storefronts that make up our communities.”
Ownr by RBC Ventures acquires leading legal tech platform Founded
“Navigating the entrepreneurial journey and growing a business can be challenging at the best of times, and throughout the COVID-19 pandemic, we’ve seen increased pressures on small business revenues and operating models,” said Shane Murphy, co-founder, Founded. “By bringing Ownr and Founded together, we will provide additional tools to ease the pain and burden on small business owners, and offer more solutions to allow them to focus on what matters the most—growing their business.”
RBC venture Ownr acquires legal tech startup Founded
“By bringing Ownr and Founded together, we will provide additional tools to ease the pain and burden on small business owners, and offer more solutions to allow them to focus on what matters the most—growing their business,” said Shane Murphy, co-founder of Founded.
Ownr by RBC Ventures acquires leading legal tech platform Founded Français
"Navigating the entrepreneurial journey and growing a business can be challenging at the best of times, and throughout the COVID-19 pandemic, we've seen increased pressures on small business revenues and operating models," said Shane Murphy, co-founder, Founded. "By bringing Ownr and Founded together, we will provide additional tools to ease the pain and burden on small business owners, and offer more solutions to allow them to focus on what matters the most—growing their business."
Episode 25: Derek Hopfner & Shane Murphy
Float or Founder radio
Derek and Shane talk about the importance of being subject matter experts, the fortune of running a business with close friends, and how important it is to put your ideas into action. They learned a lot from running their first business which informed their creation of Founded. They share the process of getting investors and advisors, growing their team, and disrupting an old industry to make it accessible to business owners and entrepreneurs.
Why Actionable Results Are More Valuable Than Perfect Ideas in the Startup World
Stamford Advocate online
In this video, Entrepreneur Network partner MaRS Discovery District talks with Shane Murphy, founder of Founded Technologies. Murphy created a company that operates similar to "QuickBooks for law." The company helps entrepreneurs learn to incorporate their companies and empower these business owners to do it themselves over hiring outside people. In addition, Murphy talks about how Founded prided itself on incorporating new technologies into its business, including AI.
C’mon Canada, let’s get innovating
Canadian Lawyer online
Last night’s launch included the debut of Law Scout, a MaRS-based legal tech startup that connects small businesses with lawyers who’ll provide flat-fee legal services. Lawyers Shane Murphy from Toronto and Derek Hopfner of Edmonton along with their colleague San-Francisco based lead developer Travis Houlette are the founders of the new venture.
Event Appearances (1)
Lunch & Law
Starting Out & Growing Up Legal Innovation Zone, 10 Dundas Street East, Suite 1002
Small Business Grants in Canadawww.ownr.co/blog
There are a plethora of small business grants in Canada. Usually they are specific, but some can be broader, meaning there will be more applicants and competition will be stiff. But even getting to the application process can be challenging. Finding Canadian business grants that your business is eligible for can feel like digging in a haystack. The last thing you want to do is spend hours or days on the internet researching. A lot of grants that small businesses may be eligible for don’t specifically list small businesses, which can be confusing.