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Bodhala
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
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…
TL;DR
Product: SaaS platform that uses data science and ML to analyze, benchmark, and optimize outside counsel (legal) spend
Founded: 2014 (New York City)
Series A: $10M led by Edison Partners (Apr 22, 2020)
Exit: Acquired by Onit (announced Sep 1, 2021)
Company size (snapshot): ~6 employees
Company Overview
Problem Domain
Outside counsel/legal spend optimization and benchmarking for corporate legal departments.
Founded
2014
Industry
Legal technology
Funding Track Record
10,000,000 USD
Reported Series A investment of $10M. Company stated total funding of $15M as of this date.
Acquired by Onit and operates as a subsidiary.
Investor Signal
“Series A led by Edison Partners; other investors/shareholders reported include M7 Holdings and Varun Mehta; later acquired by Onit.”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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