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."

      Covered on