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Apperio
Software to track and analyse legal spend
- 21-100 employees
- B2B
- Legal
- Analytics
- Financial Services
- SaaS
- Holborn, London, UK
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Company mission
Apperio are an online platform that enable businesses with significant legal spend to manage the relationship with their law firm. Their mission is to provide symmetry of information between law firm and client. That way, both General Counsel and their law firms are free from the grind, so they can focus on their goals: deepening relationships, developing trust and driving returns.
Our take
The UK legal services sector was worth £35 billion in 2018 and is predicted to grow at more than 5% per year.
Spend on legal services in the UK is huge, but according to research, 9/10 legal departments don't know what they've spent on external legal counsel in the last year. Apperio thinks this is largely because of the poor quality of the 25 year old practice management systems that are used to keep track of billings.
By integrating with law firm practice management systems, Apperio's new technology can solve these issues and give legal teams real-time visibility of their spending. This will lead to fewer spending errors and give teams more visibility over how much they're spending on external counsel.
If Apperio can take a small slice of the spend in the market by helping customers reduce their spend, they'll be able to create a substantial business.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Buy and sell up to 5 holiday days each year
- 4% pension contribution
- Season ticket loan
- Book allowance
- Cycle-to-work scheme
- Discounted gym membership
- Individual L&D budget
- 25 days holiday (excl. bank holidays)
- Work from home opportunities
- Health insurance
Company values
- Make it clear: Integrity in how we behave, openness in how we operate and honesty in how we communicate
- Focus on value: In order to move fast, we work smarter, not harder
- Build it. Own it: Every single person is in our team for a reason: to drive successful outcomes
- Work together. Win together: We are building a collaboration tool and this business on a foundation of respect
Funding (last 2 of 5 rounds)
Jan 2023
$7.3m
EARLY VC
Aug 2018
$9.4m
SERIES A
Total funding: $20.9m
This company has top investors
Leadership
Nicholas d'Adhemar
(CEO)Started his career as a lawyer at CMS and Sterling Energy. Then went on to do an MBA at INSEAD and spent time in investment management
People progressing
Joined as a Software Developer. Promoted to Engineering Manager after 3 years