Irish-Founded Start-Up Juritas Raises €1.4m for Contract Intelligence Technology
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Juritas, a start-up with Irish founders and its base in Stockholm, has raised €1.4 million in pre-seed funding. The company works in what it calls "contract intelligence," which means using technology to help businesses understand and manage their contracts.
Pre-seed funding is usually the first money a start-up receives from investors. It is often used to build a first version of a product, test the idea with customers, and prepare the company for later rounds of investment. The amount raised by Juritas shows that investors see interest in software that handles legal and business agreements.
The story is a good example of how Irish entrepreneurs are building companies abroad. Although Juritas is based in Sweden, its Irish roots show the wider role that Irish people play in the European technology sector. The company's progress will be watched by people in Ireland who follow start-up news and new business technology.
Sources: Silicon Republic
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