Semeris has secured $4.3 million in funding to accelerate the growth of its AI-driven legal document analysis platform for the finance sector.
3 February 2025
Semeris, an AI-driven legal document analysis firm serving financial institutions, has raised $4.3 million in funding. The round was led by Puma Growth Partners, known for supporting small and medium-sized businesses with growth capital, along with contributions from independent investors.
The new funding will enable Semeris to expand its platform and strengthen its sales team to meet the rising demand for AI-powered legal solutions within structured finance.
Founded in 2020 by Peter Jasko, former head of JPMorgan’s European CLO team, and Sam Daroczy, co-founder and ex-CEO of Verba Technologies, Semeris is set to transform the way legal document analysis is conducted.
Semeris offers AI tools that streamline the legal review process, significantly reducing the time and cost of analyzing complex financial documents. Its platform replaces manual review methods with AI-enhanced systems, delivering faster, more accurate results while ensuring compliance with industry regulations. The company’s library includes over 5,000 structured finance transactions across various asset classes, including Collateralized Loan Obligations (CLOs), Asset-Backed Securities (ABS), and Mortgage-Backed Securities (MBS).
The raised capital will allow Semeris to expand its offerings beyond CLOs and ABS/MBS to include additional asset classes such as leveraged loans and private credit agreements. The company is focused on enhancing its AI solutions to further optimize legal workflows, improving accuracy and reducing turnaround times for deal analysis.
Peter Jasko, CEO of Semeris, commented, “We’re excited to partner with Puma Growth Partners and independent investors to drive the next phase of Semeris’ growth. This investment will help us broaden our reach into new asset classes and document types, offering structured finance professionals AI-powered tools that significantly reduce processing times and tackle challenges that were previously out of reach. With Puma’s support, we’re advancing our mission to revolutionize legal documentation and create smarter, more efficient finance workflows.”
Henri Songeur, investment director at Puma Growth Partners, added, “We’re thrilled to support an experienced management team that deeply understands their customers’ needs when reviewing complex financial documents. Their expertise in leading investment desks at major financial institutions has enabled them to develop an innovative AI-driven solution. The product’s value is further validated by its impressive client base, which includes leading global financial institutions. We are excited to help Semeris scale its business, expand into new asset classes, and deliver additional products and services to its growing customer base.”
