Bodhala

New York, United States Founded: 2014 • Age: 12 yrs Acquired By Onit
Cloud-based legal spend management software is provided.
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About Bodhala

Bodhala is a company based in New York (United States) founded in 2014 by Ketan Jhaveri, Brad Chick, and Raj Goyle was acquired by Onit in September 2021.. Bodhala has raised $10.15 million across 2 funding rounds from investors including Onit, Edison Partners and M7holdings. Bodhala operates in a competitive market with competitors including Brightflag, Apperio, Quovant, Viewabill and Virtual Pricing Director, among others.

  • Headquarter New York, United States
  • Founders Ketan Jhaveri, Brad Chick, Raj Goyle
  • Sectors
    Professional & Legal Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bodhala, Inc
Operational Areas
Professional & Legal Services → Legal Technology Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.15 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10.15 M (USD), Series A

    Apr 22, 2020

  • Investors
    Onit

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Onit

    (Sep 01, 2021)

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People of Bodhala
Headcount 200-500
Employee Profiles 45
Employee Profiles
People
Baibhav Ghimire
Devops Engineer
People
Anca van der Linden
Director, Global Sales Enablement
People
Jason Ash
CLM Support Manager/support Team Lead/customer Success Manager
People
Chris Fraser
Client Executive

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Funding Insights of Bodhala

Bodhala has successfully raised a total of $10.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.15 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $10.2M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2020 Amount Series A - Bodhala Valuation Edison Partners
Jan, 2019 Amount Seed - Bodhala Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bodhala

Bodhala has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Onit, Edison Partners and M7holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Provider of a growth equity firm for adaptive and personalized plans
Founded Year Domain Location
PE, VC, and single family office focused on multiple sectors
Founded Year Domain Location
Enterprise legal workflows are automated via cloud-based management software.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bodhala

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bodhala

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bodhala Comparisons

Employees
+
Add Comparison
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Competitors of Bodhala

Bodhala operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brightflag, Apperio, Quovant, Viewabill and Virtual Pricing Director, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based legal spend management software is offered for corporate lawyers.
domain founded_year HQ Location
Legal spend is tracked and managed via Apperio's software platform.
domain founded_year HQ Location
Enterprise legal management suite
domain founded_year HQ Location
E-billing
domain founded_year HQ Location
Cloud-based software automates legal pricing for lawyers worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bodhala

Frequently Asked Questions about Bodhala

When was Bodhala founded?

Bodhala was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is Bodhala located?

Bodhala is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Bodhala?

Raj Goyle is the current CEO of Bodhala. They have also founded this company.

Is Bodhala a funded company?

Bodhala is a funded company, having raised a total of $10.15M across 2 funding rounds to date.

What does Bodhala do?

Bodhala was founded in 2014 and is headquartered in New York, United States. Cloud-based software for legal spend management is offered, focusing on the legal technology sector. Services include e-billing, proprietary database management, a legal marketplace, law firm financial tools, pricing analytics, timekeeper profiles, anonymized client data, market utilities, and intelligence for data-driven discussions. Operations support legal professionals across various regions.

Who are the top competitors of Bodhala?

Bodhala's top competitors include Apperio, Brightflag and Quovant.

Who are Bodhala's investors?

Bodhala has 3 investors. Key investors include Onit, Edison Partners, and M7holdings.

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