Contract Mill announced a funding round of €1 million co-led by Actium AG and Veenay Shah.

Finland Switzerland United Kingdom 17 June 2021
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Contract Mill, an Espoo, Finland-based startup developing a document automation SaaS platform, announced completing a €1 million ($1.2M) capital funding round.

The money was raised from investors co-led by the Swiss investment company Actium AG and Veenay Shah, founder of HighQ, joined by other undisclosed investors from the UK and Sweden.

The proceeds will be used to further expand its operations in the UK and Europe.

Contract Mill, founded in 2016 by CEO Kaisa Kromhof, developed a a no-code document automation SaaS platform, helping legal service providers to generate simple and complex documents based on information from the user’s responses to a simple questionnaire. The user is given sufficient information to answer simple questions and the underlying software incorporates those answers within a standard form to produce a completed document. The process is rapid and can be implemented within minutes.

The company has offices in Helsinki and London and works with customers including Bird&Bird, Solita, TietoEvry, AdvisMe, Ijos Rechtsanwälte, and MK Law.

Total investments received (USD): 1.19M

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