Bryter

Overview
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LegalTech?
Product stageSegments
Go-to-Market
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Practice management
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Bryter is a leading no-code service automation platform that enables business experts to build digital solutions for automating complex services and decision-making processes without the need for programming skills. The company's intuitive toolbox allows professionals, particularly in the legal, HR, finance, tax, and compliance sectors, to create, manage, and publish interactive applications for repetitive assessments and decisions.

Bryter's platform combines the power of artificial intelligence with the control of a rule engine, allowing users to automate standardized tasks and workflows. Its key offerings include AI Agents that can assist teams with tasks such as responding to recurring questions, drafting email replies, conducting research, and performing audits. Additionally, Bryter provides a Legal and Compliance Front Door solution that centralizes request intake, triage, and tracking, integrating with communication tools like Microsoft Teams, Slack, and email inboxes.

Bryter users have experienced a 90% reduction in time spent on repetitive tasks, leading to an ROI of 368% and reduced legal and compliance risks. The platform has been adopted by global brands across various industries, including consumer companies like McDonald's, financial services firms like ING Banking Group, and professional services firms such as Deloitte, PwC, and KPMG.

Key customers and partnerships

In June 2021, Bryter raised USD 66 million in a Series B funding round led by Tiger Global, bringing its total capital raised to USD 90 million. The funding aimed to support Bryter's expansion into the US market and attract industry experts to advise on its strategy.

Bryter has established partnerships with several prominent companies, including PwC Legal. Over 100 PwC lawyers have been trained to use Bryter's no-code platform, enabling them to offer clients digital applications. One of the first solutions developed by PwC Legal is called Rule Keeper, which provides clients with a suite of digital applications for regulatory decision-making processes.

The platform has also been adopted by Telefónica's Legal team, helping them save time, increase transparency, and make their expertise more accessible. Bryter's clients span various industries, including financial services, legal, and professional services.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Uhlandstraße 175 Berlin DEU
Founded year:
2018
Employees:
101-250
IPO status:
Private
Total funding:
USD 89.0 mn
Last Funding:
USD 66.0 mn (Series B; Apr 2021)
Last valuation:
USD 410.0 mn (Apr 2021)
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