Legal Tech Scale-Up Apperio Raises $7 Million Growth Round
01/10/23, 9:05 AM
Location
Money raised
$7 million
Industry
legal tech
legal
saas
software
analytics
Investors
Hambro Perks, Volution, Nextlaw Ventures, Iq Capital, Notion Capital, Molten Ventures
Provider of Legal Spend Management Software Will Broaden Functionality for Corporate Counsel, Meet Growing Product Needs from Law Firms and Accelerate U.S. Expansion
Company Info
Location
info@apperiocom
london, ontario, canada
Additional Info
Apperio’s legal spend management software provides analytics and real-time visibility on external legal matters. This empowers in-house counsel to control and optimize their spend with law firms, ahead of the invoice.
Rather than accumulating legal bills, Apperio works by aggregating data directly from the sources of truth – law firms’ time recording systems. As a result, a greater level of granularity and analysis is possible – weeks before an invoice is received.
In-house teams can therefore work proactively with this data and gain confidence from an accurate picture of their spending. In turn, such insights can also improve the forecasting, budgeting and efficiency of the legal department.
Currently, Apperio is used daily by more than 60 in-house legal teams including Epiris, EQT, Network Rail, Royal London and Cornerstone. Apperio is based in London, England. For more information, please visit Apperio.com or follow Apperio on LinkedIn or Twitter.
Media Contact:
Frank Strong
for Apperio, Ltd.
+1 202-352-5920
media@apperio.com