Tessaract secures funding for UK expansion
A legal technology company is set to accelerate its UK growth and transform how law firms manage their operations following a multi-million-pound investment.
Tessaract has secured £4.6 million in funding led by Mercia Ventures, with support from Fuel Ventures, to advance its cloud-based platform that helps firms streamline case management, billing, finance and collaboration.
The backing supports founder and chief executive Cherilyn Tan and her team as they drive digital innovation across the legal sector.
Already adopted by firms worldwide, the platform enables users to manage client onboarding, matters, billing and compliance in a single system, replacing manual processes with seamless automation.
Cherilyn says she plans to use the new funding to enhance its technology further with AI-powered process optimisation and advanced financial intelligence tools tailored to law firm needs.
She adds that as part of Tessaract’s expansion, the company will relocate its global headquarters to the UK, building on the strong momentum it has already built in Singapore.
Under UK managing director Mike Hinchliffe, Tessaract will also scale its client success operations to support a growing network of firms embracing digital transformation.
Cherilyn said: “Law firms are evolving, and technology must evolve with them.
“Tessaract is built to remove the operational burden – enabling legal teams to work seamlessly across data, finance, and client delivery.
“With Mercia Ventures’ backing, we’re scaling that capability to more firms across the UK.”
Adam Lovell, investor at Mercia Ventures, added: “Cherilyn is an exceptional founder bringing clarity and efficiency to one of the most complex professional sectors.
“The UK’s legal market is among the most progressive globally, and Tessaract’s financial insight and workflow platform could redefine how modern law firms operate day to day.”
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