Our Europe Ventures team has led the $23 million Series B funding round in Juro, the browser-based contract automation platform. Existing investors Union Square Ventures, Point Nine Capital, Seedcamp and Taavet Hinrikus also participated.
Juro is an all-in-one contract automation platform which enables legal counsel and their teams to manage contracts on a single web browser. By providing a single unified workspace, Juro enables clients to avoid a patchwork of online and offline tools and processes, expediting critical business processes.
Juro is now used in over 85 countries and by 6,000 companies including Deliveroo, Cazoo, Trustpilot and TheRealReal.
The company will use this new investment to expand into the US and Europe, further develop the platform’s customer experience and power the company’s executive recruitment drive as it ramps up its Go-To Market Strategy.
Richard Mabey, CEO and co-founder of Juro, said: “With this investment, we have more fuel to challenge the notion that contracts must be agreed only via legacy technology and email. We’re seeing mass adoption of our all-in-one platform from fast-growth tech companies who recognize Juro as key to expediting contracts at scale. Together they have processed more than 250,000 contracts in this way in the last 12 months alone. We’re delighted to partner with Eight Roads as we scale during the years ahead.”
We're thrilled to have partnered with Juro and are excited to work together as they scale.