Bodhala is a game-changing legal marketplace that cuts companies' legal costs. We introduce you to new highly effective, more affordable counsel options for your specific matters while also helping lower rates of your existing counsel. Our proprietary technology -- which leverages extensive data around attorneys' performance, experience and referrals -- brings substantial savings to you by harnessing the power of transparency and true competition.
Bodhala is a groundbreaking legal technology platform created by lawyers to transform the half-a-trillion dollar global legal industry. Our platform refines organizational processes by empowering your legal team with deeper insights that allow you to better analyze, interpret and optimize outside counsel spend, trailblazing a new era of legal market intelligence.
We’re built on data – and how we develop it, how we utilize it and how we analyze it for the benefit of our customers sets us apart. Our proprietary benchmarking metrics and rate review algorithms generate detailed insights into every aspect of legal spend. An intuitive dashboard puts the information you need to make more cost-effective decisions about legal service providers at your fingertips, effectively boosting efficiency and reducing your bottom line.
Bodhala is a groundbreaking legal technology platform created by lawyers to transform the half-a-trillion dollar global legal industry. Our platform refines organizational processes by empowering your legal team with deeper insights that allow you to better analyze, interpret and optimize outside counsel spend, trailblazing a new era of legal market intelligence.
We’re built on data – and how we develop it, how we utilize it and how we analyze it for the benefit of our customers sets us apart. Our proprietary benchmarking metrics and rate review algorithms generate detailed insights into every aspect of legal spend. An intuitive dashboard puts the information you need to make more cost-effective decisions about legal service providers at your fingertips, effectively boosting efficiency and reducing your bottom line.
Location: United States, New York
Employees: 11-50
Total raised: $10M
Founded date: 2014
Investors 2
| Date | Name | Website |
| - | Edison Par... | edisonpart... |
| - | M7 Holding... | m7holdings... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 24.04.2020 | - | $10M | Edison Par... |
Mentions in press and media 10
| Date | Title | Description |
| 02.09.2021 | Sequoia backs a podcasting-focused, Clubhouse competitor from David Sacks | David Sacks, who cofounded Yammer and sold it to Microsoft for about $1.2 billion in 2012, is launching his next startup. On Thursday, the former Zenefits CEO announced the official launch of Callin, his live-audio, podcasting-focused start... |
| 02.09.2021 | Sequoia backs a podcasting-focused, Clubhouse competitor from David Sacks | David Sacks, who cofounded Yammer and sold it to Microsoft for about $1.2 billion in 2012, is launching his next startup. Paid Content Why the Electricity 4.0 moment is here From Schneider Electric On Thursday, the former Zenefits CEO annou... |
| 01.09.2021 | Edison Partners Announces Exit of Bodhala to LegalTech Leader Onit | “We’re incredibly impressed with the management team’s ability to lead the company and build its business during a difficult time. Bodhala found an ideal home at Onit and significantly expanded the opportunity to drive better outcomes for c... |
| 24.04.2020 | Bodhala Closes $10 Million Led By Edison Partners | Data-intelligence and legal technology platform Bodhala announced it raised $10 million in funding led by Edison Partners Data-intelligence and legal technology platform Bodhala announced it raised $10 million in funding led by Edison Partn... |
| 22.04.2020 | Bodhala Raises $10M Growth Investment Led by Edison Partners | NEW YORK--(BUSINESS WIRE)--Bodhala, a data-intelligence and legal technology platform, today announced a $10 million investment led by Edison Partners, the Princeton, NJ-based growth capital firm. The company will use the funds for product ... |
| 22.04.2020 | Bodhala raises $10 million to optimize companies’ legal spend with AI | Legal tech startup Bodhala this week closed a $10 million round, the bulk of which will be put toward product R&D and sales efforts, cofounder and CEO Raj Goyle told VentureBeat. The company’s platform taps AI and machine learning to he... |
| 22.04.2020 | Bodhala Raises $10M in Growth Funding | Bodhala, a NYC-based data-intelligence and legal technology platform, raised $10m in growth funding. The round was led by Edison Partners. In conjunction with the funding, Daniel Herscovici, Partner, Edison Partners, who led the investment,... |
| 22.04.2020 | Bodhala raises $10 million to optimize companies’ legal spend with AI | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Legal tech startup Bodhala this week closed a $10... |
| 22.04.2020 | Bodhala raises $10 million | Bodhala, a data-intelligence and legal technology platform, has raised $10 million in a round led by Edison Partners, the Princeton, NJ-based growth capital firm. With companies spending nearly $500 billion annually on outside counsel, Bodh... |
| - | Bodhala Raises $10M to Help Businesses Optimize Legal Spend Like Never Before | 376SHARES FacebookTwitter Linkedin Using big law firms can come with steep price tags. Recently, Sears made headlines for filing bankruptcy and being billed over $200M by lawyers and advisors, leaving Sears with little remaining to pay empl... |