Finnish startup Contract Mill said it has raised over 1 million euros from Swiss investment company Actium AG, Veenay Shah, founder of HighQ, and other investors to further expand its operations in the UK and Europe.
Contract Mill defines itself as a no-code document automation SaaS platform that is the first in the world to have a 100% visual automation interface. This next-generation SaaS makes the automation of even complex documents fast and easy, compared to traditional software that requires significant IT resources, time, and money to deploy.
“As lawyers, we saw a huge underserved market – law firms and companies who needed document automation but who are not capable or willing anymore to take on the total cost of automation that is inherent in the complex incumbent systems,” Kaisa Kromhof, founder and CEO of Contract Mill, said in a statement.
“We discovered that the market was missing a modern, state-of-the-art product that would combine true ease of use with powerful logic. So we decided to build such a product that we would love to use ourselves – high tech yet beautifully designed, self-explanatory to use, fun to work with, and accessible for everyone.”
Established in 2016, Contract Mill has offices in Helsinki and London.