7 years ago
Apperio Secures $10 Million Series A Funding Led by Draper Esprit
Apperio, a UK-based legaltech startup, has raised $10 million in a Series A funding round led by Draper Esprit
The funding will be used to grow in all areas with a particular focus on commercial and customer success organizations to promote international expansion
Apperio provides companies and their in-house legal teams with complete visibility of legal spend by tracking both billed and unbilled hours, running analytics, and monitoring law firm performance
The solution is fully automated and provided as a cloud application, requiring no administration or change in behavior from either the company or the law firm
Apperio works with a range of FTSE 100 and private companies such as Just Eat and Network Rail.
ProblemTechnology Infrastructure
"Companies and in-house legal teams often lack visibility of their legal spend. This can lead to unexpected costs and difficulties in managing law firm performance."
Solution
"Apperio provides a cloud-based solution that automatically tracks both billed and unbilled legal hours in real-time, offering analytics and monitoring of law firm performance. This gives companies complete visibility of their legal spend and allows them to manage costs more effectively."