Private investment firm The Stephens Group, LLC (“The Stephens Group”) announced today that its portfolio company DISCO completed its initial public offering. The shares began trading on the New York Stock Exchange on July 21, 2021 under the symbol “LAW.”
DISCO offers a cloud-native, artificial intelligence-powered legal solution that simplifies ediscovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments. The company was founded by Kiwi Camara in 2013 and has built a team that is not only strong in cloud computing and artificial intelligence, but also has a deep legal background and understanding of the challenges legal professionals face.
“We congratulate the entire DISCO team on this well-earned milestone,” said Aaron Clark, Managing Director at The Stephens Group. “We first invested in DISCO in 2016 and have enjoyed an amazing partnership. The hard work and talent of the DISCO management team has created a true category leading company with immense potential, which has now been acknowledged by public market investors.”
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