Spotlight on Prosperoware, a developer of privacy and regulatory compliance platform intended to ensure compliance and drive real business value for the digitized legal industry.
Spotlight on: Prosperoware
HQ: Bala Cynwyd, PA
Employees: 120
Total Raised to Date: $3.59M
Growth Rate: 0.56% (95th Percentile)
Institutional Investors:
- HG Capital (UK)
- Litera
- Rittenhouse Ventures
Twitter: @Prosperoware
Description:
Developer of privacy and regulatory compliance platform intended to ensure compliance and drive real business value for the digitized legal industry. The company's software uses the natural language process to automate answers, changes the nature of law firm information, delivers quick, consumable answers across a firm's business functions, enabling firms to reduce costs, improve profitability and know about security and risk management.
Most Recent Financing Status (as of 18-Jan-2022)
The company entered into a definitive agreement to be acquired by Litera, via its financial sponsor HG Capital, through an LBO on January 18, 2022 for an undisclosed amount. The acquisition will enable teams within law firms collaborate more efficiently and securely when working in the office or from home. The company is being actively tracked by PitchBook.
To learn more about Prosperoware, go to www.prosperoware.com/
To nominate a startup to be featured, email Kristin Calve, Editor & Publisher, CCBJ, [email protected] and [email protected].
Source: Pitchbook, Apr 2022
Published April 12, 2022.
