Persuit
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $20M
Investors
- 1
About Persuit
Persuit, Inc.Founded in 2016 in New York, Persuit, Inc. provides a platform that enhances legal operations for in-house teams.Persuit offers a comprehensive platform designed to enhance outside counsel selection and management for legal teams. The core product enables in-house legal departments to engage law firms based on value-driven outcomes rather than traditional hourly billing practices. This shift helps organizations align legal costs with measurable results, enabling more effective budget management and resource allocation. Persuit’s services are utilized by top in-house legal teams across various sectors, allowing them to monitor real-time performance, gain insights into pricing benchmarks, and optimize matter outcomes.Persuit generates revenue through a subscription-based model, providing access to its platform for legal teams seeking to streamline their outside counsel management. Customers engage with the platform to manage their legal matters, where they can monitor work progress, budget adherence, and overall performance of law firms. The transaction structure typically involves annual or monthly subscriptions for varying tiers of service, tailored to the needs of different legal departments. Specific pricing plans are established based on the scale and usage requirements of the client, allowing flexibility in engagement. The company has plans to develop new products aimed at improving legal engagement efficiencies and aims to expand its market presence, particularly in regions of Europe and Asia-Pacific, within the next two years.
Who invested in Persuit
1 investor across 1 round
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Funding rounds
Series A
Oct 7, 2021
Amount
$20M
Investors
Questions about Persuit
Who invested in Persuit?
Persuit has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Persuit raised?
Persuit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Persuit last raise money?
Persuit's most recent round on record is a Series A, in Oct 2021.
What does Persuit do?
Persuit is a software company.
Where is Persuit headquartered?
Persuit is headquartered in New York, US.
Which VCs invest in companies like Persuit?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Persuit's stage. Their profiles are linked below.
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