P
PERSUIT
Enabling collaboration between corporates and legal services providers
About PERSUIT
PERSUIT operates as an enterprise platform that revolutionizes the way corporate legal departments engage with outside counsel. By facilitating a competitive process for sourcing legal services, PERSUIT helps clients achieve true market prices and high-quality work. The platform is designed to eliminate manual processes and streamline the Request for Proposal (RFP) process, centralizing outside counsel engagements in one place. This allows legal teams to focus on delivering high-value results rather than getting bogged down in administrative tasks. PERSUIT primarily serves Fortune 500 companies and other large enterprises, providing them with tools to automate their Alternative Fee Arrangement (AFA) programs and optimize legal spend. The business model is based on a subscription service, where clients pay for access to the platform and its features. PERSUIT makes money by offering a scalable solution that reduces outside legal spend by an average of 37%, saving clients millions per year.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- New York City, United States
- Employees
- 1
- Open positions
- 2
- Dealroom signal
- 54.2/100
- Industry
- Legal
- Sub-industry
- Self-service and Lawyer Marketplace
- Sector
- Legal
- Investment activity
- 1 company, latest May 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Oct 2021 | $20M | $80M | OpenView Venture Partners | ↗ |
Growth signals
Latest recorded traffic for PERSUIT is 12K monthly website visits, down 7.7% over the last three months. PERSUIT's team grew 0% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
OpenView Venture Partners
Other known investors1 additional known investor
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about PERSUIT on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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