Bobby Balachandran, founder and CEO of governance, risk and compliance company Exterro, has just been named LegalTech CEO of the Year in the Legaltech Breakthrough Awards. In a year in which so many legal tech companies have seen significant growth, it is a notable honor. But Balachandran is hardly resting on his laurels. He is already eyeing an IPO in the year ahead.
A computer scientist by training, Balachandran founded Exterro in 2008, quickly convincing a Fortune 100 pharmaceutical company to sign on as his first customer. In 2018, Exterro received a reported $100 million investment – at that point one of the largest investments ever in a legal tech company – and went on to make two major acquisitions – of data privacy company Jordan Lawrence and digital forensics company AccessData.
Balachandran joins host Bob Ambrogi to discuss his leadership philosophy as a legal tech CEO, his company’s formation and growth, his views on the legal tech market, and his plans for his company in the years ahead.
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