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Zefort Raises €1 Million in Funding

Zefort, a Kaarina, Finland-based provider of AI-driven contract management solutions, has raised €1 million in funding.

Ben Murray profile image
by Ben Murray
Zefort Raises €1 Million in Funding

Zefort, a Kaarina, Finland-based provider of AI-driven contract management solutions, has raised €1 million in funding. 

Investors 

The investment was led by Asko Schrey, founder of Accountor, and Timo Larjomaa, a venture capitalist, who will join Zefort’s Board of Directors. 

Zefort Use of Funds

The company will use the funds to fuel its expansion into the Nordics and Northern Europe. 

About Zefort 

Led by founders Jussi Karttila, Ville Laurikari, and Juhani Heikkilä, Zefort offers a cloud-based contract management platform. It provides features such as contract archiving, tracking, and analytics, aiming to streamline contract management for a wide range of sectors, including banking, technology, and small businesses. Zefort's solutions are used by clients in 11 countries and cater to large corporations and smaller enterprises. The company is headquartered in Finland and operates in Norway and Sweden. 

Funding Details 

Company: Zefort 

Raised: €1.0M 

Round: Unknown 

Funding Date: September 2024 

Lead Investors: Asko Schrey, Timo Larjomaa

Additional Investors:

Company Website: https://zefort.com/  

Software Category: Contract Management 

Source: https://arcticstartup.com/zefort-raises-e1m/

Ben Murray profile image
by Ben Murray

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