When was Apperio founded?

Apperio was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Apperio located?

Apperio is headquartered in London, United Kingdom.

Which legal entities is Apperio associated with?

Apperio is associated with APPERIO LIMITED.

How many employees does Apperio have?

As of Dec 31, 2020, the latest employee count at Apperio is 37.

Is Apperio a funded company?

Apperio is a funded company, having raised a total of $22.3M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 01, 2013.

How much is Apperio worth?

The last known valuation of Apperio was $***** as of Aug 28, 2018.

When was the latest funding round of Apperio?

Apperio's latest funding was a $***** Series A round on Jan 10, 2023, with participation from 5 investors. Its primary sector is Legal Tech. In United Kingdom, the Legal Tech sector has seen $129M in funding in 2026 to date.

Where does Apperio rank among its competitors?

Apperio ranks 1st amongst 12 active competitors, only 1 of which is funded., of which only Legal Decoder is funded and secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Apperio?

Apperio's top competitors include Brightflag, Bodhala and Legal Decoder. Among them, Legal Decoder secured the most recent funding round in October, 2025.

Apperio - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Platform offering legal spend management software. The platform offers software that enables corporate firms to track legal spending at an overall or matter level, in real time. It provides insight into legal spending. Other features include a complete audit trail of spending, customize analytics as per company specific needs, real time alerts to monitor the spending of live projects.

Website: www.apperio.com/
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Key Metrics

Founded Year

2012

Location

London, United Kingdom

Stage

Acquired

Total Funding

$22.3M in 8 rounds

Latest Funding Round

Series A, Jan 10, 2023, $*****

Last Known Valuation

$***** as on Aug 28, 2018

Investors

Notion & 53 more

Ranked

1^st among 12 active competitors

Employee Count

37 as on Dec 31, 2020

Similar Companies

Brightflag & 19 more

Exit Details

Acquired by PERSUIT (May 05, 2025)

View Apperio's full profile

Apperio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
APPERIO LIMITED CIN: 7797028 , Germany, Active	Oct 03, 2011	-	37 (As on Dec 31, 2020)

Apperio got acquired by PERSUIT on May 05, 2025. It was facilitated by JEGI CLARITY.

Click here to take a look at Apperio's acquisition in detail

Apperio has raised a total funding of $22.3M over 8 rounds. Its first funding round was on Jan 01, 2013. Its latest funding round was a Series A round on Jan 10, 2023 for $*****. 5 investors participated in its latest round. Apperio has 19 institutional investors and 35 angel investors.

Here is the list of recent funding rounds of Apperio:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 10, 2023	4593486	Series A	4944413	3066732	6814524	9006556
Jan 10, 2023	6214712	Venture Debt	2114252	8414084	9162989	Salica Investments
Aug 28, 2018	6477292	Series A	8471536	6302302	Molten Ventures	IQ Capital & 1 more

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View details of Apperio's funding rounds and investors

The founders of Apperio are Jill D'Adhemar, Nicholas d'Adhemar and Sophie Carter.

Here are the details of Apperio's key team members:

Jill D'Adhemar: Co-Founder of Apperio. They are also an angel investor in 1 startup.
Nicholas d'Adhemar: Co-Founder of Apperio. They serve on the board of 1 company.
Sophie Carter: Co-Founder and CCO of Apperio.

Apperio's Board of Directors

Apperio's board has 6 active members. Ian Milbourn, Kerry Baldwin and Nicholas d'Adhemar are part of team and David Eldridge, Neil Macdougall and Richard Marsh are independent board members.

Here is the list of Apperio's board of directors:

Name	Type	Representing	Status	Duration
Nicholas d'Adhemar	Team	-	Current	14y 5m
Ian Milbourn	Investor	Notion	Current	10y 1m
Kerry Baldwin	Investor	IQ Capital	Current	8y 6m
fubisnl	Investor	-	Past	8y 4m
rjfwsal	Investor	lkfm{sz	Past	7y 2m
David Eldridge	Independent board member	-	Current	5y 1m
yjbsame	Independent board member	-	Current	5y 5m
bklkdug	Independent board member	-	Current	9y 3m
mvebjjk	Independent board member	-	Past	5y 3m

View details of Apperio's Founder profiles and Board Members

Apperio's employee count trend

Apperio has 37 employees as of Dec 20. The total employee count is 12.0% more than what it was in Dec 19. Here is Apperio's employee count trend over the years:

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Top competitors of Apperio include Brightflag, Bodhala and Legal Decoder. Here is the list of Top 10 competitors of Apperio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Apperio 2012, London (United Kingdom), Acquired	Platform offering legal spend management software	$22.3M	Draper Esprit, Notion & 52 others	65/100
2nd	Brightflag 2014, Dublin (Ireland), Acquired	AI-based legal spend management software for corporate lawyers	$40M	Wayra Deutschland, Tribal & 6 others	61/100
3rd	Bodhala 2014, New York City (United States), Acqui-Hired	Cloud-based legal spend management software provider	$10.2M	Edison Partners, K1 Investment Management ... & 2 others	40/100
4th	Legal Decoder 2013, Falls Church (United States), Series A	Legal spend analytics transforming legal services pricing and efficiency	$4.15M	Trajectory Capital Partners	36/100
5th	Clocktimizer 2013, Utrecht (Netherlands), Acqui-Hired	BI for Law firms	-	-	31/100
6th	Virtual Pricing Director 2017, United Kingdom, Acquired	Online platform to create pricing proposals for legal practice	-	-	30/100
7th	Quovant 1992, Nashville (United States), Acqui-Hired	Enterprise legal management suite	-	Mt Daly Capital Partners, Baleon Capital & 1 others	28/100
8th	CostWare 2001, Chandler (United States), Unfunded	Provider of cost recovery and expense management systems for professional firms	-	-	24/100
9th	Digitory Legal 2015, San Francisco (United States), Acquired	Legal tech solutions for increased value, profits, and productivity	-	-	20/100
10th	CostsMaster 2001, Waltham Abbey (United Kingdom), Unfunded	Cloud based legal spend management platform	-	-	19/100