Persuit provides a SaaS legal RFP technology platform that connects Fortune 500 in-house teams with law firms and professional service providers to optimize outside counsel selection. The platform supports matter-based RFPs, RFIs, AFAs, hourly rate reviews, and panel convergence programs using industry best-practice templates. It can run real-time bidding to drive price competition and, according to the company, deliver 30+% savings on external legal spend. Clients named in the article include UBS, HSBC, Johnson & Johnson, Novartis, Facebook and Intel. Persuit plans to use the funding to accelerate product capabilities, enhance data insights and expand hiring across sales, marketing, finance, customer success and engineering globally. The company is led by founder & CEO Jim Delkousis.

Total raised

$20M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2021