Apperio
Latest round
- Series A
Last raised
- Aug 2018
Total raised
- $12M
Investors
- 4
About Apperio
Founded in 2013 by Nicholas d'Adhemar, Apperio Limited operates from London, UK, providing advanced tools for legal spend management.Apperio offers a comprehensive suite of legal spend analytics and matter management solutions designed specifically for in-house legal teams. Their core products include AI-powered e-billing, continuous spend management, and strategic spend control, which enable firms to automate invoice reviews, track ongoing legal work, and obtain insights into both billed and unbilled legal expenses. By integrating directly with law firm time and billing systems, Apperio provides legal teams with real-time visibility into their expenditures, thereby allowing for smarter decision-making regarding vendor selection and negotiation strategies. The solutions are particularly suited for corporations across various sectors, including private equity, and are designed to enhance relationships between in-house teams and external law firms.The revenue model for Apperio is based on a subscription framework, where clients pay for access to their legal spend management solutions. Clients typically engage in annual or multi-year contracts that provide them access to the full range of Apperio's products, including AI-driven analytics and automated e-billing features. These transactions occur directly between Apperio and its corporate clients, allowing for tailored pricing structures that can reflect the specific needs and scale of the client's legal operations. Apperio's flagship offerings, such as the AI invoice review and continuous spend management tools, are integral to this revenue model, as they not only streamline the billing process but also ensure compliance with billing guidelines., aiming to enhance transparency in legal spend and real-time invoice validation through the integration of Apperio's technology into its platform. This strategic move will allow Apperio to leverage new opportunities and expand its offerings in legal spend management. The acquisition is expected to amplify Apperio's reach within the legal technology sector, facilitating entry into new markets and enhancing product capabilities.
Who invested in Apperio
4 investors across 3 rounds
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Questions about Apperio
Who invested in Apperio?
Apperio has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Apperio raised?
Apperio has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Apperio last raise money?
Apperio's most recent round on record is a Series A, in Aug 2018.
What does Apperio do?
Founded in 2013 by Nicholas d'Adhemar, Apperio Limited operates from London, UK, providing advanced tools for legal spend management.
Where is Apperio headquartered?
Apperio is headquartered in London, UK.
Which VCs invest in companies like Apperio?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Apperio's stage. Their profiles are linked below.
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