Nextlaw Ventures

Apperio Limited is a London-based company specializing in legal spend management through its innovative platform that offers businesses real-time visibility into their legal expenses. The platform enables clients to receive tenders from various suppliers for legal services in areas such as corporate, commercial, dispute resolution, and intellectual property, among others. By connecting directly with law firms’ practice management systems, Apperio provides structured and accessible data, allowing clients to analyze both billed matters and work-in-progress legal fees effectively. This approach not only helps in-house legal teams maintain control over their spending but also fosters a collaborative relationship with external counsel. Established in 2011 and originally named Legal Tender Limited, Apperio changed its name in 2013 and offers tools that empower organizations to make informed financial decisions regarding their legal services.

Libryo Ltd, established in 2015 and headquartered in London, specializes in developing customized legal compliance software. The company's flagship product, also named Libryo, is a legal software solution that empowers employees across various industries to understand their legal obligations in any given situation. Libryo achieves this by providing context- and location-specific summaries of applicable legislation in plain language, and by tracking and notifying users of any relevant regulatory changes. The company offers its solutions through distribution partners, aiming to reduce legal insourcing costs and promote compliance best practices.

ProFinda Ltd., established in 2008 and headquartered in London, specializes in cloud-based solutions that optimize workforce productivity and talent management. The company's core platform uses AI to map and understand the skills, knowledge, and experience of an organization's entire talent pool, both internal and external. By creating a comprehensive, real-time view of the workforce, ProFinda enables businesses to make data-driven decisions, matching the right people to the right tasks based on their skills, interests, and availability. This results in improved operational efficiency, enhanced employee experience, and increased productivity. The company's client base spans various sectors, including professional services, systems integrators, BPO, civil engineering, defense, and government.

FileFacets offers a cloud-based data analytics and content migration platform that enables businesses to effectively manage and migrate data. Its solution automates the categorization of data and the attribution of file metadata, facilitating the seamless migration of unstructured content from various sources into structured enterprise content management systems. By employing advanced algorithms, FileFacets simplifies the process of locating critical data and can scan files without interruption, identifying duplicate files prior to migration. The platform leverages machine learning and artificial intelligence to enhance data discovery and content search capabilities across corporate networks, improving efficiency in file management processes. As a pure Software as a Service (SaaS) solution, FileFacets provides scalable support for multiple users across various locations while ensuring data security.