Clarilis bags £6m in its Series B

Clarilis, a document automation platform, has bagged £6m in its Series B round, which is going to help the international expansion of the company.

The round was backed by Mercia Asset Management and Northern VCTs which invested £2.5m to the Series. The remaining £3.5m came from growth equity investor Gresham House Ventures.

Having closed the round, the company plans to continue its growth and international expansion plans, as well as deepen its product and grow the team.

Henry Alty, Investment Director, Gresham House Ventures, said: “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.”

Copyright © 2020 FinTech Global

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst


The following investor(s) were tagged in this article.