Paris-Based Tomorro raises €25M to accelerate its AI-powered contract management platform  - Silicon Canals

Every year, companies worldwide lose two trillion US dollars through inefficient contract management and outdated processes. French legal tech startup, Tomorrowro, is helping to remedy this situation: With its AI-based business software, the company simplifies the entire contract lifecycle – from creation to analysis.

Paris-Based Tomorro raises €25M to accelerate its AI-powered contract management platform  - Silicon Canals

Paris-based Tomorro, an AI-powered contract management platform, has raised €25M in a funding round led by XAnge and Acton Capital. Others, including Adelie and Founders Future, previous investors HenQ, Resonance, Financière Saint-James, and Motier Venture, also participated in the round. The announcement comes 18 months after raising €11M. The French company will use the funds to accelerate its development, double its investment in AI, and tran…

The article 18 months after its A series, Tomorro raises 25 million euros to dust down the management of the contracts appeared first on Maddyness - The media to understand the economy of tomorrow.

Founded in 2020 by Antoine Fabre, Sébastien Decrême and Thibaut Caudal, Tomorro develops a contract lifecycle management (CLM) platform supported by artificial intelligence, adopted by more than 300 companies including Veja, Nestlé or Ingenico. Its ambition: to reduce contract processing times, to secure exchanges and to strengthen collaboration between jurists and ... Read more Tomorro raises €25 million to industrialise contract management by …

This funding, which includes a share of undisclosed debt, should allow the start-up to open offices in Germany and recruit about 100 people.

The start-up specializing in life cycle management of contracts thanks to artificial intelligence, moves to Germany before going to Spain and Italy.