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Estonian Startup Avokaado Raises €1.2M For Ai-Upgrade To Contract Management

Estonian Startup Avokaado Raises €1.2M For Ai-Upgrade To Contract Management

09/13/23, 4:18 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/EE.svgtallinn
Money raised
€1.2 million
Industry
document management
Round Type
seed
Investors
Tera Ventures
Simplifying contract creation and management is no easy feat, but Estonian-based startup Avokaado is one of the legaltechs streamlining the process. By automating document and contract management the firm has garnered a user base of over 20,000 across the Baltics, Nordics, and the US - it includes BITĖ Group, TV3 Group, Radisson, Tele2, Coolbet, and Starship amongst that line-up.

Company Info

Company
Avokaado
Location
tallinn, harju maakond, estonia
Additional Info
Avokaado is a digital workspace for data-driven contract lifecycle management (CLM) which empowers companies to maintain a single source of truth for all their contracts and data on a single platform. Businesses gain up to 80% of efficiency using Avokaado's workspace which fosters consistency in data and contract organisation across all platforms and teams. Additionally, Avokaado's proprietary document format combines context and data in a way that facilitates the generation of self-executing contracts and ultimately, a transactional layer for smart contracts.
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