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Silicon Valley-founded ‘invoice-to-cash’ startup Oddr is increasing into the APAC area with regulation agency consultancy agency Pickering Pearce as its implementation companion within the area.
Oddr was based in 2022 by three former Intappers; Milan Bobde, Sumit Garg and Saurabh Mehra. It is going to be leveraging Pickering Pearce’s advisory providers and expertise with complicated billing for regulation corporations. It’s fascinating to notice that in Might 2023, main Australian regulation agency Lander & Rogers invited Oddr to hitch its 2023 LawTech Hub cohort, which in response to Lander’s chief govt companion Genevieve Collins, focuses on “new options that can assist form the Australian and international authorized panorama into the longer term.”
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Ivan Costello, guide director at Pickering Pearce, stated: “Oddr have burst onto the scene providing a product designed to deal with actual world challenges that regulation agency finance departments are at present experiencing. The Oddr product is a superb addition to the authorized know-how panorama, and we actually imagine within the worth proposition that they will convey. Now we have seen firsthand the challenges this product solves throughout many various regulation corporations. The Oddr staff have had in depth collaboration with regulation corporations to debate everyday challenges with bill to money and their product has been constructed to instantly tackle these challenges. We’re very excited by this partnership at Pickering Pearce and sit up for delivering actual worth to purchasers.”
Bobde, who’s CEO of Oddr, began his authorized know-how profession at Elite earlier than becoming a member of Intapp, the place he was senior director of product administration. Garg, who’s CTO of Oddr, began at Intapp in 2011 as a senior software program growth supervisor earlier than progressing over a decade to change into senior director of engineering. And Mehra, who’s chief product officer of Oddr, has held roles on the likes of Elite and Wilson Allen and was latterly director of product administration at Intapp.
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In January, Oddr introduced the complete rollout and basic availability of its product, which goals to simplify billing and collections and remove income leakage. That adopted a $2m funding spherical in 2022 led by Saama Capital and Twin Ventures, together with angel traders within the US, Singapore, and Germany. More moderen information for Oddr consists of the appointment this month of authorized tech founder and serial investor Dan Wales as strategic advisor.
Talking to Authorized IT Insider final 12 months, Bobde stated: “We’re constructed from the bottom up for regulation corporations and are centered totally on the lifecycle of invoices. From the time an bill is shipped out, as much as assortment, we provide you with insights and money stream predictions so you already know when you’ll be able to anticipate to be paid and what your cashflow is for the subsequent three months. But it surely’s additionally very easy for purchasers to pay in the identical platform, which makes its seamless.”
Oddr’s prospects embody Wisconsin regulation agency von Briesen & Roper s.c and North Carolina agency Ward and Smith, P.A.
You possibly can learn what our lead analyst Neil Cameron says about Oddr at Authorized Week beneath.
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