Zefort, a Kaarina, Finland-based provider of AI-driven contract management solutions, has raised €1 million in funding.
Investors
The investment was led by Asko Schrey, founder of Accountor, and Timo Larjomaa, a venture capitalist, who will join Zefort’s Board of Directors.
Zefort Use of Funds
The company will use the funds to fuel its expansion into the Nordics and Northern Europe.
About Zefort
Led by founders Jussi Karttila, Ville Laurikari, and Juhani Heikkilä, Zefort offers a cloud-based contract management platform. It provides features such as contract archiving, tracking, and analytics, aiming to streamline contract management for a wide range of sectors, including banking, technology, and small businesses. Zefort's solutions are used by clients in 11 countries and cater to large corporations and smaller enterprises. The company is headquartered in Finland and operates in Norway and Sweden.
Funding Details
Company: Zefort
Raised: €1.0M
Round: Unknown
Funding Date: September 2024
Lead Investors: Asko Schrey, Timo Larjomaa
Additional Investors:
Company Website: https://zefort.com/
Software Category: Contract Management
Source: https://arcticstartup.com/zefort-raises-e1m/