Participated · Equity · Jan 2023

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.

Participated · Convertible Note · May 2021

Libryo builds an automated, cloud-based legal database and compliance platform that helps organisations know and track applicable law across jurisdictions. Its software offers five modules, including the recently launched Libryo Assess, to provide tracking, customised legal registers, collaboration tools, document storage and search capabilities. The product is aimed at multi-jurisdictional organisations seeking to manage Environmental, Health & Safety (EHS) regulatory requirements. Libryo serves over 400 customers and 15,000+ users across more than 75 countries, and its team spans 10 countries across seven time zones. With the new funding, the company is focusing on delivering EHS law to industries such as energy producers, mining and metals, apparel and supply chains, FMCG, and waste & recycling, and on strengthening partner integrations with IsoMetrix, Rubicon and CleanChain. Libryo was founded in 2016 and is headquartered in London. Libryo provides a SaaS-based legal-technology platform that helps businesses identify their legal obligations and locate relevant regulatory information. Its solutions are used by compliance professionals and in-house lawyers globally. The company is co‑founded by Garth Watson, Malcolm Gray and Peter Flynn. Libryo is based in London, UK and Cape Town. In February 2017 the company raised $1m in seed funding. It intends to use the funds to continue expanding operations and grow its business reach globally. Libryo offers a Software-as-a-Service dashboard that lists legal obligations tailored to customers’ needs, enabling any employee to understand legal requirements in any situation. Its custom legal registers are used by customers and partners within ISO-certified management systems and for compliance with applicable regulations. The company is led by Peter Flynn, Garth Watson and Malcolm Gray and is based in London, UK. Libryo raised a seed funding round (amount undisclosed) to continue developing its platform and to expand operations. The startup will also receive training and mentorship as part of a joint global callout run by its investors to identify top legal tech startups. No operating metrics or revenue figures were disclosed in the article.

Participated · Equity · Jan 2018

ProFinda provides an AI-driven workforce optimisation platform that aligns organizational work priorities with employee capabilities and preferences. Its service intelligently connects people, skills and work across a full opportunity marketplace to drive operational efficiency and improve the employee experience. Led by founder and CEO Roger Gorman, ProFinda serves multinational clients and is pursuing international expansion. The company intends to use new funding to build on its global multinational clients, accelerate hiring—particularly in sales and marketing—and invest in new product development. The article reports the company received funding reported at £3M from Palatine’s Growth Credit Fund to support these plans. ProFinda provides a workplace optimisation technology platform that uses machine learning to build a dynamic and detailed map to understand the skills and knowledge of the total workforce. Its system is based on a skills ‘ontology’ and leverages semantic parsing and matching to increase understanding of skills. The platform intelligently matches project requirements to ability and knowledge across internal employees, contractors and alumni. ProFinda intends to accelerate deployment of its platform across the private, public and third sectors and to increase social impact. The company also plans to improve its proprietary skills machine‑learning IP. The company is led by CEO Roger Gorman. ProFinda provides an AI-powered expertise-finding platform that uses machine learning to map skills, knowledge, connections and expertise across an organization. The platform matches people who have the right expertise with those who require assistance, giving firms an accurate view of knowledge across their talent pool. Launched in 2011 and based in London, the company reports users in 1,382 cities globally and has client and strategic partnerships across the top six professional services firms and with organizations including Thomson Reuters Elite, LACE partners, Tech London Advocates, Multiplex and CloserStill Media. Led by CEO Roger Gorman, ProFinda intends to use the new funding to strengthen its proposition and refine the technology. The company raised £4.8m in funding to support these plans. No additional financial instruments or prior rounds are disclosed in the article.