ZyLAB

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ZyLAB - overview

Established

1983

Location

-, VA, US

Primary Industry

Software

About

ZyLAB specializes in providing AI-powered eDiscovery solutions for legal professionals, enhancing data management and compliance across various sectors including corporations, law firms, and government agencies. ZyLAB, founded in 1983 in the United States, focuses on eDiscovery solutions for the legal sector. The company was acquired by Ipro Tech, LLC in July 2021, expanding its operational capabilities. ZyLAB was established by individuals with relevant industry experience, although specific founder details are not available.


ZyLAB offers a comprehensive suite of AI-driven solutions that streamline the eDiscovery process for legal professionals. Their flagship product enables the management of extensive unstructured data, facilitating critical insights and compliance. The cloud-based services enhance decision-making through analytics and are utilized by clients in over 50 countries, including major markets in the United States and Europe. Complementary products like Logikcull and Reveal Hold address various aspects of legal data management and compliance.


ZyLAB generates revenue primarily through subscription-based models, allowing clients continuous access to its tools. Legal departments and firms typically engage with ZyLAB under tiered pricing plans that align with their specific needs, enabling efficient management of legal workflows as they implement advanced analytics and automated legal holds. Following its acquisition by Ipro Tech, LLC in July 2021, ZyLAB aims to leverage this partnership to enhance its offerings in legal hold automation and cloud capabilities. The company is focusing on expanding its market reach, particularly into new geographic regions to better serve its client base.


Recent funding will support the development of these initiatives, enhancing ZyLAB’s ability to provide advanced analytics and improve service delivery.


Current Investors

Ipro Tech, LLC

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Legal Software

Website

www.zylab.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

ZyLAB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
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