Slovakia-based startup Cequence has successfully raised €2M in seed funding, led by Czech Jet Ventures. This funding aims to bolster the development of its AI-driven contract management platform, assisting in international expansion. Founded in 2018, Cequence has now raised a total of €3M and is serving over 20 enterprise clients including notable names like Dell and Orange. The platform is designed to automate the contract lifecycle, utilizing advanced AI technologies to achieve up to a 90% reduction in errors and significantly improve productivity for teams involved in legal and procurement.
Cequence's AI-powered platform automates the entire contract lifecycle, significantly improving productivity while reducing errors and approval times by utilizing advanced AI technologies.
The investment led by Czech Jet Ventures supports Cequence's international expansion and ongoing developments, aiming to streamline contract management for more businesses globally.
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