About Bodhala
Bodhala is a Professional & Legal Services company based in New York (United States) founded in 2014 by Ketan Jhaveri, Brad Chick, and Raj Goyle, and was acquired by Onit in September 2021. Cloud-based legal spend management software is provided. Bodhala has raised $10.15 million across 2 funding rounds from investors including Onit, Edison Partners and M7holdings. Its chief executive, as recorded, is Raj Goyle. The company was acqui-hired. Its focus areas include Enterprise Applications, Legal Tech, Legal Practice Management and Law Firm Analytics. Its legal entity is Bodhala, Inc. Its competitors include Quovant, Viewabill and Digitory Legal; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters New York, United States
- Founders Ketan Jhaveri, Brad Chick, Raj Goyle
- Stage Acquired
- SectorsProfessional & Legal Services
- Email••••••••
- Website bodhala.com
- Social LinkedIn X
- Acquired by Onit (Sep 2021)
- Legal Name Bodhala, Inc
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 $10.15M
- Total Rounds 2
- Last Round Series A — $10.15M
- Investors Count 2
All 2 funding rounds of Bodhala with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $10.15M | Series A | – | Edison Partners | – |
| Jan 2019 | Seed | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of a growth equity firm for adaptive and personalized plans | edisonpartners.com | Princeton, United States | ||
PE, VC, and single family office focused on multiple sectors | m7holdings.com | Akron, United States | ||
Enterprise legal workflows are automated via cloud-based management software. | 2007 | onit.com | Houston, United States |
Investor details for Bodhala
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Bodhala
48 people are tracked at Bodhala (24 in leadership, 24 in team).
| Name | Role | Group |
|---|---|---|
Ketan Jhaveri | Founder | Leadership |
Brad Chick | Co-Founder | Leadership |
Raj Goyle | Co-Founder & CEO | Leadership |
Anca van der Linden | Director, Global Sales Enablement | Leadership |
Pranav Mundi | Chief Technology Officer | Leadership |
Nathan Landrum | Director, Global Support | Leadership |
Peter Rubino | Chief Customer Officer | Leadership |
Marie Johnston | Senior Vice President | Leadership |
Michelle Culp | Chief Revenue Officer | Leadership |
William Gamble | Director Of Customer Success | Leadership |
Austin Owens | Chief Financial Officer | Leadership |
Nathan Peirson | Chief People Officer | Leadership |
Laura Fese | Chief Legal Officer | Leadership |
Michael Farlekas | Chief Executive Officer | Leadership |
Ryan Kinsey | Vp, Strategic Account Management | Leadership |
Cole Morgan | VP, Operations | Leadership |
Stasha Jain | Deputy General Counsel & VP Of Legal Ops | Leadership |
Manoj Joshi | Senior Vice President, Product Engineering | Leadership |
Garrett Denney | Vice President Marketing | Leadership |
Moriah Miles | Vice President Of Strategic New Business | Leadership |
28 more people are available in the full profile.
Complete people profiles for Bodhala
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Bodhala
4 dated milestones of Bodhala across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Bodhala is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $10.2M.
- Exit Acquired by Onit.
Competitors of Bodhala
Bodhala has 3 listed competitors in our database, 1 of them funded. They include Quovant, Viewabill and Digitory Legal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quovant.com | 1992 | Nashville, United States | Enterprise legal management suite | |||
| viewabill.com | 2012 | Columbus, United States | $1.1M | E-billing | ||
| digitorylegal.com | 2015 | San Francisco, United States | Legal budgeting reports |
Detailed competitors of Bodhala
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Legal Tech
3 companies that operate in the same segment as Bodhala (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered legal research assistance is provided to law firms. | 2022 | San Francisco, California, United States | USD 1.82 B | 1,840 | ||
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M |
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Related news about Bodhala
Complete news archive for Bodhala
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Frequently Asked Questions about Bodhala
Bodhala was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Bodhala is headquartered in New York, United States. It is registered at New York, New York, United States.
Raj Goyle is the CEO of Bodhala, as recorded in our data. They have also founded this company.
Bodhala is a funded company, having raised a total of $10.15M across 2 funding rounds to date.
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.
Bodhala's top competitors include Quovant, Digitory Legal and Viewabill.
Bodhala has 3 investors. Key investors include Onit, Edison Partners, and M7holdings.
Bodhala operates through Bodhala, Inc.
Yes. Bodhala was acquired by Onit in September 2021.