Apperio provides a legal spend management platform that aggregates and analyses historical and current legal spend, including law firm work-in-progress (WIP) and accruals. The platform offers matter tracking, a single dashboard for in-house counsel, streamlined invoice approval workflow, and real-time budget-threshold alerts that enable conversations with law firms before budgets are exceeded. The company reports more than 250 global law firms connected to its platform. Led by CEO Nicholas d’Adhemar and non-executive chairman David Eldridge, Apperio plans to use new funds to further develop its product for corporate counsel and accelerate expansion into the U.S. market. The round brought Apperio’s total funding to date to $19.9m. The company is based in London, UK. Apperio is a London-based legaltech company offering real-time visibility into corporate legal spend. Its cloud application automatically ingests daily data from law firms to track billed and unbilled hours, run analytics, and monitor law-firm performance without requiring administration or behavior change. Founded in 2013 by Nicholas d’Adhemar, the company has a team of about 20 and serves FTSE 100 and private clients including Just Eat and Network Rail. Apperio raised $10m in a Series A to fund growth. The company intends to use the funds to grow across all areas, with a particular focus on Commercial and Customer Success to support international expansion. Apperio is a London-based real-time fee tracking platform for legal firms and their clients. The company’s smart-analytics platform gives law firms and businesses real-time transparency on legal fees. It offers an interface that creates a common language for law firms and clients, enabling communication of progress and billing and identifying areas for improved efficiency. Following a £1.7m seed round, the company plans to use the funds to expand its team and further develop its solutions. Led by founder and CEO Nicholas d’Adhemar, Apperio previously won Seedcamp 2013 and has received angel funding from Stephen Chandler, Jan Reichelt and Andy Phillipps.

Total raised

$19M

Funding rounds

4

Latest round

Equity

Latest activity

Jan 2023