Supio, a Seattle, WA-based legaltech company that provides an AI platform for personal injury and mass tort law firms, has raised $60 million in Series B funding.
Investors
The round was led by Sapphire Ventures, with participation from Mayfield and Thomson Reuters Ventures.
Sapphire is a global venture capital firm with over $11.3 billion in assets under management and offices in Austin, London, Menlo Park, and San Francisco. It has invested in over 180 companies, resulting in over 30 IPOs and 50 acquisitions. Its strategies—Sapphire Ventures, Sapphire Partners, and Sapphire Sport focus on scaling companies and funds. Its Portfolio Growth team supports leaders with strategic resources and services.
Supio Use of Funds
The company will use the funds to expand its engineering and AI research teams, accelerate product development, and grow its go-to-market presence across the U.S.
About Supio
Founded in 2021 by Jerry Zhou and Kyle Lam, Supio is a legal AI company specializing in artificial intelligence solutions for personal injury and mass tort law firms. Its platform leverages advanced AI to automate the processing and analysis of complex legal documents, aiming to enhance efficiency and accuracy in case management. The company's document intelligence platform transforms complex case materials into actionable insights by combining specialized AI with human expert verification. Supio serves personal injury and mass tort law firms across the United States, including Hughes & Coleman, Daniel Stark, Thomas Law Offices, and Whitley Law.
Funding Details
Company: Supio
Raised: $60.0M
Round: Series B
Funding Date: April 2025
Lead Investor: Sapphire Ventures
Additional Investors: Mayfield, Thomson Reuters Ventures
Company Website: https://www.supio.com/
Software Category: Legal AI / Document Intelligence
Source: https://www.businesswire.com/news/home/20250430087416/en/