Juro

Juro is a contract automation company founded in London in 2016 by Richard Mabey, a former Freshfields lawyer, and Pavel Kovalevich, an engineer. It operates as an independent private company backed by European and American venture capital, with its head office in London and a United States base in Boston, Massachusetts.

Juro emerged from the Seedcamp and Point Nine seed ecosystem and raised successive rounds as contract lifecycle management became a distinct software category, closing a $23 million Series B led by Eight Roads in January 2022 and taking total funding to about $38.5 million. Union Square Ventures had led the earlier Series A. Rather than expanding into spend or matter management, the company has kept a single product line and rebuilt it around large language models for drafting, review and contract data extraction.

Juro at a glance:

• Founded: Founded in 2016 in London by Richard Mabey, previously a lawyer at Freshfields, and Pavel Kovalevich, who leads the engineering side of the business.
• Headquarters: Headquartered in London, United Kingdom, with a United States office in Boston, Massachusetts, and a largely distributed European team.
• Ownership: Independent and venture-backed, with roughly $38.5 million raised from Eight Roads, Union Square Ventures, Point Nine Capital and Seedcamp.
• Legal Technology Portfolio: Sells one product, Juro, an AI-enabled contract automation platform covering creation, negotiation, electronic signature and a searchable contract repository.
• Market Focus: Focused on scale-up and mid-market companies in Europe and North America, selling to in-house legal teams rather than to law firms.

What legal teams should know: Juro fits small in-house teams that own a high volume of repeatable commercial contracts and want business users handling first drafts. It is not built for matter management, spend or entity work, so it usually sits alongside other tools. As an independent venture-backed vendor of moderate size, it warrants the usual diligence on runway and roadmap commitments.