Juro secures £3.8m in Series A funding led by Union Square Ventures to expand product operations
Union Square Ventures led the Series A round to support product development and international growth.
Juro provides a browser-based contract automation platform that allows legal and operational teams to manage agreements in a single workspace. The company serves clients across multiple countries, including Deliveroo, Cazoo and Trustpilot.
Contract management platform Juro has secured a Series A financing round of $5m, equivalent to approximately £3.8m, led by New York-based Union Square Ventures. The investment also drew participation from existing backers including Point Nine Capital and Seedcamp, alongside prominent angel investors.
The capital infusion will support the company as it enhances its data analytics capabilities, expands its product development division, and grows its international footprint in the United States and Europe. John Buttrick of Union Square Ventures will join the board of directors following the transaction.
The latest financing brings Juro to a total of $8m in raised funds, capping a period of notable commercial growth and industry recognition for the platform, which has processed tens of thousands of agreements for global clients.
From the founder
"Contract management systems are invariably designed by lawyers for lawyers. We’re rebuilding contracts for the end user. We’re delighted to partner with USV as we execute on our vision to transform legal contracts into dynamic, modular agreements that reflect and empower business relationships. It’s great to see so many businesses supporting this approach and joining our community."
Richard Mabey
CEO and co-founder at Juro
Investor perspective
"We look for founders with products equipped to change an industry. While contract management might not be new, Juro’s transformative vision for it certainly is. There’s no greater proof of the product’s ease of use than the fact that we negotiated and closed the funding round in it. We’re delighted to support Juro’s team in making their vision a reality."
John Buttrick
Partner, Union Square Ventures
Use of funds
- 01Continue product development
- 02Expand into international markets
