What is Supio?
Founded in 2021, Supio offers advanced AI software designed to assist law firms in dissecting complex legal documents. Its platform specializes in analyzing records, summarizing depositions, conducting deep dives into witness testimonies and expert reports, and ultimately preparing for trials. By leveraging artificial intelligence, Supio aims to streamline critical legal processes, enhance accuracy, and improve efficiency for legal professionals.
How much funding has Supio raised?
Supio has raised a total of $85M across 2 funding rounds:
Series B
$25M
Other Financing Round
$60M
Series B (2024): $25M with participation from Sapphire Ventures, Foothill Ventures, and Bonfire Ventures
Other Financing Round (2025): $60M led by Thomson Reuters, Mayfield, and Sapphire Ventures
Key Investors in Supio
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies, based in Palo Alto, California.
Foothill Ventures
Foothill Ventures makes pre-seed, seed (preferred), and A-round investments in startups across software, life science, and deep tech. Formerly Tsingyuan Ventures, they are now operating under the Foothill Ventures brand.
Bonfire Ventures
Bonfire Ventures is a lead investor specializing in funding ambitious B2B software startups at the seed stage, acting as trusted advisors to founders with a focus on responsive and personalized support.
What's next for Supio?
With the recent major strategic investment and substantial overall capital, Supio is poised for significant scaling and innovation. The company's focus on AI for legal record analysis places it in a high-growth segment of the legal technology market. Future developments will likely involve expanding its AI capabilities, enhancing its platform's features for trial preparation, and broadening its client base within law firms globally. This funding round suggests a strong investor confidence in Supio's potential to disrupt the legal services industry through advanced technology.
See full Supio company page
