Summary:
Developer of legal counsel management software designed to centralize, streamline and automate outside counsel engagements for corporate legal teams. The company's cloud-based software allows receiving competing and easy to compare proposals from law firms of choices, enables to capture and process legal invoices, forecast legal costs with certainty, leverages templates, measures savings, bidding behavior, and success rates as well as captures and organizes data, enabling law firms to eliminate manual work and make data-informed decisions.
The company raised $20 million of Series A venture funding in a deal led by OpenView Venture Partners on October 7, 2021. The funds will be used to invest in accelerated capabilities across its product range and enhanced data insights to best support and grow its customers.
HQ: New York, NY
No. of Employees: 43
Growth Rate: 4.22%
Weekly Growth: 100th Percentile
Institutional Investor: OpenView Venture Partners
Twitter: @PERSUITLegalOps
URL: www.persuit.com
Source: Pitchbook, Oct. 2020
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Published December 28, 2021.
