What is Logikcull?
Logikcull operates as a cloud-based provider of eDiscovery software, designed to streamline complex discovery processes for legal professionals. Its client base spans Fortune 500 companies, law firms, legal service providers, government agencies, and educational institutions across more than 40 countries. In August 2023, Logikcull was acquired by Reveal, a move that integrates its eDiscovery capabilities into Reveal's broader technology offerings.
How much funding has Logikcull raised?
Logikcull has raised a total of $41M across 4 funding rounds:
Angel/Seed
$4M
Series A
$10M
Series B
$25M
Debt
$2M
Angel/Seed (2015): $4M with participation from Storm Ventures
Series A (2016): $10M led by OpenView Partners and Storm Ventures
Series B (2018): $25M supported by Storm Ventures, New Enterprise Associates, and OpenView Venture Partners
Debt (2020): $2M featuring PPP
Key Investors in Logikcull
Storm Ventures
Storm Ventures is an early-stage venture capital firm specializing in B2B software startups, with a focus on artificial intelligence, enterprise infrastructure, and cybersecurity. They have a history of backing innovative companies and assisting founders in scaling their businesses.
OpenView Partners
OpenView Venture Partners, established in 2006, invests in B2B software companies. They provide strategic guidance and capital to help their portfolio companies achieve significant growth.
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm founded in 1977, known for its investments across various technology sectors, including software and enterprise solutions. They partner with entrepreneurs to build category-leading companies.
What's next for Logikcull?
Following its acquisition by Reveal in August 2023, Logikcull's trajectory has shifted from independent funding rounds to integration within a larger enterprise. This strategic acquisition signifies a consolidation within the legal technology sector, aiming to provide a more comprehensive suite of solutions for legal discovery and data management. The combined entity, Reveal, is positioned to leverage Logikcull's established cloud-based eDiscovery platform to enhance its market presence and service offerings to a global clientele.
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