Semeris Strengthens Growth with $4.3 Million Investment Led by Puma VCTs

Deal News | Jan 26, 2025 | Puma Investment Management Limited

Semeris Strengthens Growth with $4.3 Million Investment Led by Puma VCTs

Puma VCTs have led a $4.3 million investment into Semeris, a company innovating in the legal and financial technology sector. Founded in 2020 by Peter Jasko and Sam Daroczy, Semeris enhances the analysis of complex legal documents in debt and structured finance through a hybrid technology that combines large language models with human expertise. This approach aims to make the process faster and more accurate. The company has built a growing library that aids professionals in answering market questions swiftly and has been adopted by four of the top five CLO law firms globally. The new funding will enable Semeris to expand its sales force, scale its platform, and cater to the rising demand for GenAI solutions. Semeris is particularly well-positioned to address complex deal structures that require specialized knowledge not offered by general-purpose AI solutions.

Sectors

  • Legal Technology
  • Financial Technology
  • Investment Management

Geography

  • United Kingdom – Puma Investment Management Limited is based in the UK, making it a relevant geography for the article.

Industry

  • Legal Technology – The article focuses on Semeris's innovations in processing legal documents, making legal technology a relevant industry classification.
  • Financial Technology – Semeris applies its AI solutions to the financial sector, specifically in structured finance transactions, classifying it within financial technology.
  • Investment Management – Puma VCTs, an investment management firm, leads the investment into Semeris, making this industry pertinent to the article.

Financials

  • $4.3 million – The amount invested by Puma VCTs into Semeris.

Participants

NameRoleTypeDescription
Puma Investment Management LimitedInvestorCompanyPuma is an investment management firm that led the $4.3 million investment into Semeris.
SemerisTarget CompanyCompanySemeris is a company specializing in legal and financial technology, particularly focusing on analyzing complex legal documents.
Peter JaskoCo-FounderPeopleCo-founder of Semeris and former head of JPMorgan's European CLO team.
Sam DaroczyCo-FounderPeopleCo-founder of Semeris and former CEO of Verba Technologies.