Company profile: Bodhala
1.1 - Company Overview
Company description
- Provider of a SaaS platform for in-house legal teams to analyze, interpret, and optimize outside counsel spend using data science, machine learning, and AI-driven insights, with proprietary benchmarking metrics and rate review algorithms; offerings include Onit Catalyst for ELM, rate and matter benchmarking, firm report cards, Quarterly Business Review, and comparative analytics.
Products and services
- Matter Benchmarking: Analytics-driven component delivering visibility into staffing, hours, and rates to understand the cost of your matters, detailing how teams are staffed and billed
- Onit Catalyst for ELM: AI-driven platform helping legal teams manage outside counsel spending and align with corporate goals, using data science and machine learning to analyze and optimize legal spend
- Rate Benchmarking: Proprietary benchmarking tool comparing your rates and matters against your panel and the market at large, powered by rate review algorithms for detailed spend insights
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Bodhala
Sharedo
HQ: United Kingdom
Website
- Description: Provider of adaptive case and matter management systems for the legal industry, combining people, technology, and ideas to deliver innovative solutions that disrupt the norm and positively impact operations.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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iContracts
HQ: United States
Website
- Description: Provider of cloud-based contract, compliance, and revenue management software for multiple industries, including Universal Contract Manager for managing all aspects of the contract lifecycle, PolicyStat for policy lifecycle management with a central repository and automated workflows, a Revenue Management platform for price management and compliance with government requirements, and tools to ensure compliance with industry regulations and standards.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full iContracts company profile →
Lexoo
HQ: United Kingdom
Website
- Description: Provider of legal outsourcing solutions for in-house legal teams via a marketplace to compare and hire pre-screened, vetted lawyers worldwide with reviews and competitive bids. Offers support for commercial contracts and employment law, assistance with multi-country legal projects, and a weekly newsletter for in-house lawyers with insights and ideas.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Halsalls
HQ: United Kingdom
Website
- Description: Provider of legal services specializing in personal injury litigation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
View full Halsalls company profile →
Akorda
HQ: United States
Website
- Description: Provider of AI-powered contract lifecycle management software for the enterprise, offering SaaS legal AI for contract negotiation and review. Solutions include the Contract Control Program combining AI and human expertise; LegalSifter Organize for search, reminders, workflows, and data accuracy; Sifter Factory and Sifting Services for concept detection and data extraction; and Adams Contracts document-assembly templates.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Akorda company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Bodhala
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Bodhala
2.2 - Growth funds investing in similar companies to Bodhala
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4 - Top valuation comps for Bodhala
4.2 - Public trading comparable groups for Bodhala
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