Legal Tech Startup Juro Raises $23M For Us And European Expansion
01/18/22, 2:16 PM
Location
londonMoney raised
$23 million
Industry
other
software
London-based contract automation platform Juro has raised $23m (£16.9m) in a Series B funding round. The funding was led by Eight Roads, a global venture capital fund that has previously invested in Alibaba, Cazoo and Appsflyer.
Company Info
Location
london, ontario, canada
Additional Info
The startup said it will use the capital injection to expand its business into the US and Europe. The company says it provides an alternative to having multiple legal applications. The company is currently operating in over 85 countries and claims to have over 6,000 companies as its clients. The legal tech startup will also ramp up hiring as it accelerates its go to market strategy. The startup currently has offices in London, UK, and Riga, Latvia, along with a remote hub. Juro provides an “all-in-one” contract automation platform for legal counselling. Juro will use the funding to develop its platform and improve the user experience. “We started Juro in order to make legal contracts frictionless and accessible to everyone,” said Richard Mabey, CEO and co-founder of Juro.