Index leads $5m series-A for ClauseMatch

Talis Capital joined the round alongside existing investor Speedinvest and business angels Tom Glocer (former CEO of Thomson Reuters) and Cristobal Conde (former CEO of Sungard).

The fresh capital will be used to accelerate product development.

Previous funding
Speedinvest led a $1.6m seed round for ClauseMatch in June 2017. Sparklabs, Techstars and business angels Tom Glover and Cristobal Conde also took part.

Prior to this, the company had received funding and support from the Barclays Accelerator programme. It graduated from the programme in 2014 and still has a working relationship with Barclays.

Company
ClauseMatch was founded in August 2012 and is headquartered in London. The company develops software to automate regulatory compliance work. It helps risk departments and compliance, legal and finance operations to complete impact assessments and standardise documents across an organisation. The company employs 13 people.

People
Index Ventures – Jan Hammer (partner).
Talis Capital – Vasile Foca (managing partner).
ClauseMatch – Evgeny Likhoded (CEO).

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