Supio
Unleash the Power of Your Data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | $60.0m | Late VC | |
| Total Funding | 000k | ||
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Supio offers a specialized AI-driven platform tailored for the legal sector, with a sharp focus on personal injury and mass tort plaintiff law firms. The company was established in 2021 by co-founders Jerry Zhou, the CEO, and Kyle Lam, the CTO. Their journey as collaborators began long before Supio; they were friends who had previously launched a mobile gaming app in 2009 and later worked as engineers at Microsoft on the Office 365 teams.
The business targets the significant challenge legal teams face in managing and analyzing vast quantities of unstructured data, such as medical records, depositions, and expert reports. Supio’s platform leverages Large Language Models (LLMs) to automate the understanding of this complex data, performing tasks that would otherwise consume days or weeks of manual work. The service is designed to structure data, generate medical chronologies, summarize key documents, and draft initial legal documents, all within a secure, closed environment to prevent inaccuracies and AI hallucinations. This is augmented by a human expert verification process to ensure data reliability.
Supio's revenue is generated through a subscription fee model tied to the volume of cases a law firm manages on the platform. The platform provides an interactive, AI-powered chatbot that enables legal professionals to query case files for specific information and receive immediate, accurate insights throughout the litigation lifecycle. The system is built to integrate with major case management software, streamlining workflows for its clients, which include large and mid-sized law firms. The company has demonstrated significant traction, reporting a 4x growth in Annual Recurring Revenue (ARR) since its Series A funding in August 2024 and helping law firms achieve notable increases in case volume and settlement values.
Keywords: legal tech, AI for law, personal injury law, mass tort litigation, legal software, case management AI, document analysis, legal data automation, litigation support, AI legal assistant, Jerry Zhou, Kyle Lam, medical record analysis, deposition summary, trial preparation software, plaintiff law firms, legal AI platform, Sapphire Ventures, unstructured data analysis, case outcome improvement