Tech Company Financing Transactions
Apperio Funding Round
Apperio, based in London, raised $7 million from Molten Ventures, Hambro Perks and IQ Capital Fund.
Transaction Overview
Company Name
Announced On
1/10/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further develop its product for corporate counsel and accelerate expansion to the U.S. market.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
3 Waterhouse Square 138 - 142 Holborn
London, EC1N 2SW
UK
London, EC1N 2SW
UK
Phone
Website
Email Address
Overview
We are transforming how legal departments are run, starting with the most important thing when running a department - knowing how much you're spending. Legal departments are relying on tools of the past, such as email or Excel, to manage their legal spend. The working practices of legal teams within a company continue to be opaque and obstructive as a result. When we founded Apperio we asked the question - why is this ok for legal departments and no others? The existence of conflict, confusion and unnecessary costs in the legal system is not how we do business in 2022.
Management Team
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Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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