What does Tomorro do?
Tomorro offers an AI-powered contract lifecycle management platform that automates contract processes and streamlines collaboration between operational and legal teams. The platform is designed to simplify the management of contracts, making it easier for companies to handle negotiations, approvals, and compliance, and is already trusted by over 300 clients including major brands like Veja, Nestlé, and Ingenico.
How much did they raise?
The company raised €25M in a funding round led by XAnge and Acton Capital. Although the round type is categorized as series unknown, this significant investment underscores strong market confidence in Tomorro’s innovative approach to contract management.
What are their plans for the money?
With the new funds, Tomorro plans to accelerate its development efforts, double its investment in artificial intelligence, and expand its presence across Europe, including opening a new office in the Cologne region of Germany. This strategic expansion is expected to enhance the platform's capabilities and further solidify its position in the competitive legal tech space.
What have they achieved so far?
Tomorro has already demonstrated significant progress by gaining over 300 clients both in France and internationally. Additionally, the launch of Oro, its innovative AI assistant for contract analysis in 2024, highlights the company’s commitment to leveraging technology to transform contract management.
