Priori Legal is set to begin its next phase of growth. The legal marketplace, which aims to help in-house counsel make data-driven hiring decisions for outside counsel, announced today it has raised $6.3 million in a Series A funding round.
Existing company investors Hearst Corporation, Great Oaks Venture Capital, and Jambhala participated in the round, though for other investors, Priori drew largely from the legal sphere. These investors included Tim Steinert, former general counsel of Alibaba Group; Mindset Ventures and partner Jules Miller, who helped found Evolve Law and Hire an Esquire; Bridge Investments and venture partner Mike Suchsland, former president of Thomson Reuters Legal Business; and Orrick’s Legal Technology Fund.
