Legal and financial technology specialist Semeris has raised a £3.5m investment led by Puma Growth Partners.
The investment will allow the London-based FinTech to strengthen its sales team, scale its platform, and meet the growing demand for GenAI solutions in structured finance.
Semeris provides self-proclaimed ‘superhuman powers for legal docs’ by combining large language models with human expertise to analyse complex legal documents in the debt and structured finance markets.
Four of the global top five CLO law firms use Semeris to answer “What’s market?” questions and speed up drafting.
“We’re thrilled to partner with Puma Growth Partners and independent investors as we embark on this exciting next chapter for Semeris,” said Peter Jasko, CEO of Semeris.
“Their investment will accelerate our expansion beyond CLOs and ABS/MBS into other asset classes and document types, such as credit agreements in leveraged loans and private credit, equipping structured finance professionals with AI-powered tools that drastically reduce turnaround times and tackle challenges previously out of reach.”
Henri Songeur, investment director at Puma Growth Partners, added: “This is an incredibly exciting opportunity for us to back an ambitious management team with a deep understanding of their customers’ user journeys and pain points when reviewing complex financial legal documents.
“Semeris now has a great opportunity to scale the business, expand into new asset classes and offer new, and existing customers, a wider range of products and services. We look forward to supporting Peter, Sam and the wider Semeris team on delivering this growth.”
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