Supio, an AI-powered legal technology startup, has raised $60 million in a funding round led by Sapphire Ventures. The company develops tools that automate data collection and analysis processes for legal professionals, aiming to improve efficiency and reduce the time spent on administrative tasks.
Founded to address the growing complexity in legal workflows, Supio employs artificial intelligence to parse large amounts of data quickly and accurately. Its technology enables legal teams to focus on decision-making and strategy rather than routine data handling. The infusion of new capital will allow Supio to expand its product offerings, grow its team, and scale operations to meet increasing demand.
Sapphire Ventures, the lead investor in the funding round, is known for backing innovative enterprise technology companies. Other investors in the round were not disclosed. Supio’s funding reflects the growing interest in AI-driven legal tech solutions, as law firms and corporate legal departments seek tools to stay competitive and compliant in an increasingly digitized legal landscape.
With this investment, Supio aims to cement its role as a key player in the evolving intersection of law and technology, offering scalable solutions that modernize traditional legal practices.
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