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Legal tech startup Oddr has raised $2 million in funding with participation from angels in the US, Singapore, and Germany.
Headquartered in Silicon Valley and India, it was led by Saama Capital and Twin Ventures. The company is aiming to launch its services in North America, the UK, and Australia, with an R&D center in India.
According to the startup, the funds raised will be used to build the flagship product – an AI-powered invoice-to-cash platform – for professional services (law firms, accounting firms, consulting firms & financial services firms).
Milan Bobde, cofounder and chief executive officer (CEO) of Oddr said “Invoice-to-cash process in professional services firms is manual, fragmented, and cumbersome resulting in high days sales outstanding (DSO), large write-offs and high operating overheads. Oddr unifies billing, collections, and payments on a single platform,”
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