Swedish startup PocketLaw — a contract automation software-as-a-service legal tech platform that is mainly focused on SMEs — has pocketed €10 million (~$11 million) in Series A funding led by European VC firm, Atomico, to fuel expansion in Europe. Ben Blume, partner at the venture capital firm, is joining the board as part of the investment. The round brings the startup’s total raised since being founded back in 2018 to €14 million.
PocketLaw launched its product in March 2020 — targeting contract creation, e-signing and management tools at small and medium-sized enterprises across all business verticals, touting a service that requires no in-house legal experience for SMEs to tap in to.