Legal tech startup Oddr raised $2 million in funds led by Saama Capital and Twin Ventures where angel investors from the US, Singapore, and Germany also participated.
Oddr, which is based in Silicon Valley and India, plans to launch its services in North America, the United Kingdom, and Australia, with an R&D centre in India. The funds will be used to develop the company’s flagship product, an AI-powered invoice-to-cash platform for professional services (law firms, accounting firms, consulting firms & financial services firms). Oddr hopes to reach a $1 million annualised run rate (ARR) in the next 18 to 24 months, according to Bobde.
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