What is Zapproved?
Founded in 2008 and based in Portland, Oregon, Zapproved offers intuitive ediscovery software solutions. Its platform is engineered to help corporate legal departments optimize their workflows, enhance compliance adherence, and defensibly mitigate risks. The company emphasizes robust security measures and dedicated customer support, aiming to foster the success of its corporate clientele.
How much funding has Zapproved raised?
Zapproved has raised a total of $17.2M across 3 funding rounds:
Series A
$787K
Series B
$1.4M
Series C
$15M
Series A (2009): $787K, investors not publicly disclosed
Series B (2011): $1.5M, investors not publicly disclosed
Series C (2015): $15M supported by K1 Investment Management
Key Investors in Zapproved
K1 Investment Management
K1 Investment Management is a leading investment firm established in 2011, specializing in high-growth enterprise software companies worldwide. They focus on identifying and executing growth opportunities, both organic and through acquisitions, to position their portfolio companies as industry leaders.
What's next for Zapproved?
The substantial enterprise-level backing indicates Zapproved is likely in a growth or scaling phase, poised for further market expansion and product development. This strategic investment will likely fuel advancements in its ediscovery platform, potentially enhancing AI capabilities or expanding its service offerings to address evolving legal technology demands. The company's focus on compliance and risk reduction positions it well within the growing legal tech landscape.
See full Zapproved company page