Tessaract
Helps B2B professional services companies grow their business through seamless workflow automation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
* | $734k | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 160 % | 5 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Tessaract is a pioneering company in the UK legal technology sector, offering a cloud-native Practice Management System (PMS) specifically designed for small and mid-sized law firms. Tessaract's core product helps law firms streamline their operations, reduce lock-up periods, and enhance cash flow management. The company serves SME law firms that are looking to embrace digital transformation and improve their operational efficiency. Tessaract operates in the legal technology market, providing a comprehensive solution that integrates various aspects of law practice management, including time recording, billing, and data-driven decision-making. The business model is subscription-based, generating recurring revenue from law firms that use their platform. Tessaract's value proposition lies in its ability to simplify complex data and processes, enabling law firms to make informed decisions and better serve their clients. The company is dedicated to bringing new choices to the legal industry, helping firms transition from data overload to data-driven decision-making.
Keywords: cloud-native, Practice Management System, SME law firms, UK, legal technology, digital transformation, operational efficiency, subscription-based, data-driven, cash flow management.