We are excited to announce that our portfolio company ContractHero has successfully secured €2.15M in a seed financing round
Founded in 2020, ContractHero provides SMEs with a cloud-based contract management solution that empowers them to leverage the full potential of their contracts. Its platform uses AI to automatically analyze contracts and extract crucial information, leading to more efficient processes, greater transparency, and minimized risk.
We are happy to double down on our investment and are very proud of co-founders Sebastian Wengryn and Gerry C. Koch and the ContractHero team for reaching this milestone. This funding will allow ContractHero to expand its smart contract platform further, providing more SMEs with invaluable insights that enhance contract negotiation, mitigate legal risks, and improve financial forecasts.
Based in Berlin, ContractHero has been part of our portfolio since October 2021. We can’t wait to see how ContractHero will continue transforming the smart contract management landscape for SMEs in the DACH region and beyond.