Volution is excited to welcome PERSUIT to the portfolio following its acquisition of Apperio, one of our early fund investments. This powerful combination represents a major leap forward in transforming how legal departments manage outside counsel.

PERSUIT, a market leader in AI-powered legal procurement and performance management, is building a truly integrated platform across the legal matter lifecycle — from intake to invoice approval. The acquisition of Apperio adds real-time legal spend visibility and robust invoice validation to PERSUIT’s already impressive suite of tools, including dynamic scoping, outcome-based pricing and firm performance insights.

“This acquisition accelerates our ability to connect every point in the outside counsel workflow with intelligence,” said Jim Delkousis, CEO of PERSUIT. “We’re not just managing spend — we’re turning it into performance.”

The newly combined platform allows legal teams to make data-driven decisions from day one, aligning firm selection, pricing and value delivery more closely than ever before.

Dominic Aelberry, CEO of Apperio, said: “We’re thrilled to join forces with PERSUIT. Together, we’ll give legal teams the actionable data they need to manage spend, maximise value and lead with confidence.”

Jonny Laughton, Partner at Volution, added: “This combination validates the strength of both platforms. Apperio’s team has built something exceptional, and we’re excited to support PERSUIT in building the next generation of legal operations infrastructure.”

With over 10,000 legal matters facilitated and $17B+ in proposals processed, PERSUIT is redefining legal performance on a global scale. We look forward to working closely with the PERSUIT team as they continue to grow their category-defining platform.

This milestone reflects Volution’s focus on backing transformative AI, FinTech and B2B SaaS businesses tackling the global productivity challenge.

Read the full release here.