TPG Invests $360M With AI Services Biz Fractal

By McCord Pagan (January 5, 2022, 1:46 PM EST) -- Fractal, which provides artificial intelligence and analytics services to Fortune 500 companies, said Wednesday that investment firm TPG is investing $360 million in its business.

TPG's commitment through its TPG Capital Asia private equity arm is in the form of a primary investment and a secondary share purchase from Apax Partners, which will remain a major shareholder in Fractal, according to a joint statement.

"We continue to see great momentum in how clients are leveraging AI to accelerate digital transformation," Fractal co-founder and group CEO Srikanth Velamakanni said in the statement.

"Fractal is building a great workplace and an innovative culture...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!