Persuit Secures $20M In Series A Funding To Optimize Outside Counsel Selection And Crush The Billable Hour
Persuit Secures $20M In Series A Funding To Optimize Outside Counsel Selection And Crush The Billable Hour
10/07/21, 10:00 AM
Money raised
$20 million
Industry
software
Round Type
series a
Legal tech company PERSUIT today announced it has raised $20 million in its Series A funding led by OpenView. The company will use the resources to invest in accelerated capabilities across its product range and enhanced data insights to best support and grow its customers.
Company Info
Additional Info
PERSUIT is a Software as a Service ("SaaS") company specializing in legal RFP technology. The PERSUIT platform is self-service enabled and an out-of-the-box, cloud-based software application, providing in-house teams the ability to launch matter-based RFPs, RFIs, AFAs, Hourly Rate reviews, and Panel Convergence Programs using industry best practice templates. Request types can be used to drive price competition via real-time bidding to achieve true market pricing every time, delivering 30+% savings on external legal spend. For more information, visit www.PERSUIT.com.