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Supio, an AI-powered legal analysis platform, lands $60M
Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led by Sapphire Ventures
The new capital, which brings Supio’s total raised to $91 million, will be put toward growth, hiring, and go-to-market efforts, co-founder and CEO Jerry Zhou told TechCrunch. While there’s skepticism about just how well AI can perform certain legal tasks, law firms are under competitive pressure to embrace it — lest they risk falling behind. “Every day, attorneys and paralegals spend thousands of hours manually reviewing medical records, police reports, and expert opinions,” Zhou said.
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