So what’s in store for e-discovery companies in the months and years ahead? Just based on 2021, there’s likely to be more consolidation, further expansions into other industries and additional record investments. But perhaps surprisingly, many will likely remain privately held for the foreseeable future. And that might seem like an odd takeaway from a year that saw one e-discovery provider take its funding to a whole new level.
In July 2021, DISCO went public on the New York Stock Exchange, after a roller-coaster 2020 which saw the company cut back its staff during the initial height of the pandemic, and then close on a $60 million investment later that year.
