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Bodhala applies data science, machine learning and AI-driven insights to help companies analyze, interpret and optimize legal spend. The company’s proprietary benchmarking metrics and rate review…

Bodhala applies data science, machine learning and AI-driven insights to help companies analyze, interpret and optimize legal spend. The company’s proprietary benchmarking metrics and rate review…
What they do: SaaS legal-spend analytics using data science, machine learning and benchmarking to optimize outside counsel costs
Founders: Raj Goyle; Ketan Jhaveri; Brad Chick
Funding: Series A $10M announced Apr 22, 2020 (lead: Edison Partners); total disclosed funding ~ $15M
Exit: Acquired by Onit (announced Sep 1, 2021)
Legal spend analytics and outside counsel cost optimization for in-house legal teams.
2014
Legal technology (legal spend analytics)
10000000.00
Reported $10M round; reported total disclosed funding after this round ~ $15M
“Edison Partners led Series A”
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