Supio, Pioneering a New Era in Law with Artificial Intelligence, Raises $60 Million in Funding
Supio, a leading AI-driven legal technology company, has successfully raised $60 million in its Series B funding round.
The investment was led by Sapphire Ventures, with contributions from Mayfield and Thomson Reuters Ventures, bringing the company’s total funding to $91 million.
Founded in 2021 by former Microsoft engineers Jerry Zhou (CEO) and Kyle Lam (CTO), Supio is poised to revolutionize the legal industry.
The company’s platform uses advanced AI to rapidly analyze complex, unstructured data, such as medical records, police reports, and expert opinions. Additionally, Supio integrates human expert verification to ensure the accuracy and reliability of AI-generated results.
This new funding will enable Supio to accelerate its growth strategy, including expanding its engineering and AI research teams, advancing product development, and forming partnerships with more law firms across the country.
Supio’s platform has already helped firms increase case volumes by up to 62% and contributed to landmark wins, including a $495 million verdict against Abbott Labs.
To support its expansion, Supio has strengthened its leadership team with key hires, including Jay Deubler as Head of Sales, Gwen Sheridan as Head of Customer Success, and Jim Sinai as Head of Marketing.
With backing from Sapphire Ventures, Mayfield, and Thomson Reuters Ventures, Supio is set to continue disrupting the legal industry.
The company’s AI-driven solutions aim to streamline legal processes and deliver faster, more efficient results for clients.
