Juro, a London, UK-based contract automation platform provider, raised $23 million in Series B funding, which takes Juro’s total funds raised to $31.5 million.

The round was led by Eight Roads, with participation from existing investors Union Square Ventures, Point Nine Capital, Seedcamp, and Taavet Hinrikus, co-founder of Wise, formerly known as TransferWise.

The company will use the new funds to expand into the US and Europe, further develop the platform’s customer experience and power its executive recruitment drive as it ramps up its go-to-market strategy.

Company: Juro Online Limited

Raised: $23.0M

Round: Series B

Funding Month: January 2022

Lead Investors: Eight Roads

Additional Investors: Union Square Ventures, Point Nine Capital, Seedcamp, and Taavet Hinrikus

Company Website: https://juro.com/

Software Category: all-in-one contract automation platform

About the Company: Founded in 2016 by former Freshfields lawyer Richard Mabey and Pavel Kovalevich, Juro is an all-in-one contract automation platform enabling legal counsel and their teams to manage contracts in a single web browser. By providing a single unified workspace, the system enables clients to avoid a patchwork of online and offline tools and processes, expediting critical business processes. It is now used in over 85 countries and by 6,000 companies including Deliveroo, Cazoo, Trustpilot, and TheRealReal. The company currently has offices in London and Riga and is a growing remote hub and is hiring in all locations.

Source: https://www.finsmes.com/2022/01/juro-raises-23m-in-series-b-funding.html