Fundz

Legal Tech Scale-Up Apperio Raises $7 Million Growth Round

PRIVATEJan 10, 2023

Amount Raised

$7 Million

Round Type

Funding Round

SoftwareAnalyticsLegalLegal TechSaaS

Investors

Hambro PerksVolutionNextlaw VenturesIQ CapitalNotion CapitalMolten Ventures

Description

Provider of Legal Spend Management Software Will Broaden Functionality for Corporate Counsel, Meet Growing Product Needs from Law Firms and Accelerate U.S. Expansion

Who else raised in Analytics and Legal around the same time

Companies in the same sectors as Apperio that raised within 45 days of this round, from Fundz verified event records.

  • TheLawyerGuide.com raised $505K (Seed) on December 30, 2022.
  • Landytech raised $12M (Series B) on February 13, 2023.
  • Law&Good raised $6M (Series A) on February 3, 2023.
  • Select Star raised $15M (Funding Round) on January 31, 2023.
  • Kuona raised $6M (Funding Round) on December 16, 2022.
  • Recast raised $3.4M (Seed) on December 15, 2022.

Who to call at Apperio, and when

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Company Information

Company

Apperio

Location

Info@Apperiocom

About

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

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Apperio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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