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Series B

Clarilis raises £6m in a Series B funding round led by Gresham House Ventures and Mercia Asset Management to fuel expansion.

The £6m Series B investment was backed by Gresham House Ventures and existing investor Mercia Asset Management.

£6.0MSeries B

Clarilis provides advanced drafting automation technology designed to streamline the production of complex legal documents for law firms and corporate legal departments. The platform combines intelligent software with a dedicated lawyer-led support team to deliver consistent high-quality documentation.

Legal technology company Clarilis has secured £6m in a Series B funding round to accelerate its international expansion and product development. The investment was backed by Gresham House Ventures, which contributed £3.5m through its Baronsmead VCTs, alongside existing backer Mercia Asset Management and Northern VCTs with a £2.5m contribution. The capital injection will also support the company in scaling its sales and marketing functions as demand grows for automated document drafting across the legal sector.


From the founder

"It’s fantastic to have the continued support from the investment team at Mercia Asset Management and I’m really pleased they’re backing us again."
JQ

James Quinn

CEO at Clarilis


Investor perspective

"We have spent a long time looking at automation within professional and financial services. While the legal world has arguably been a late adopter of technology, firms are realising that automation is essential to driving both cost efficiency and resilience across distributed workforces. In Clarilis we have found an ambitious business with a market-leading solution and exceptional customer satisfaction as a result of its fully managed service. It exemplifies the type of technology-driven and scalable business model that our investment team look for. We’ve been impressed by the impact that Clarilis has already had in the market and as the business expands, particularly into the South East Asian market, we are excited to be bringing our experience to bear and to help facilitate its growth."
Henry Alty

Henry Alty

Investment Director, Gresham House Ventures


Use of funds

  1. 01Expand into international markets
  2. 02Invest in sales and marketing
  3. 03Continue product development
  4. 04Grow the team

Investors

Henry Alty

Henry Alty

Gresham House Ventures

Mercia

Tim Levett

Mercia

NV

Northern VCTs


Categories

LegalTech

About the company

C

Clarilis

Clarilis offers advanced legal drafting automation technology for law firms and corporate legal teams.

United Kingdom Founded 2015
£6.0MRaised