Seattle startup Supio raised $60 million in a Series B round to fuel growth of its software that assists lawyers quickly sort, search, and organize case-related data.
The company is one of several startups utilizing AI to streamline work for lawyers.
Supio focapplys on cases related to personal injury and mass tort plaintiff law (when many plaintiffs file a claim). It specializes in organizing unstructured data and letting lawyers apply AI to pull relevant information.
The company’s annual recurring revenue has grown 4X since August. Customers include Huges & Coleman, Daniel Stark, Thomas Law Offices, and Whitley Law.
“Our growth since Series A confirms what we’ve believed all along — that specialized AI built for personal injury and mass tort law can transform how these practices operate,” CEO Jerry Zhou stated in a statement.
Sapphire Ventures led the round, which included Mayfield and Thomson Reuters Ventures. The company has 100 employees.
The latest funding comes after a separate $25 million round last year. Total funding to date is $91 million.
The company was co-founded in 2021 by Zhou and his longtime friconclude CTO Kyle Lam. They started their first software business, a mobile gaming app, in 2009, and later joined Avalara and Microsoft, where they worked on product and engineering teams for Office 365.
Supio recently hired former Avalara and Yooz exec Jay Deubler to lead sales; former Highspot exec Gwen Sheridan to lead customer success,; and former Vanilla exec Jim Sinai to head marketing.
There are a number of other legal-tech startups across the Pacific Northwest, including Predict.law, Clearbrief, SingleFile, Theo AI, and Paxton.
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