Paris-based Tomorro, an AI contract management firm for contract-conscious companies, has raised €25 million in a Series A funding round to fuel its EU expansion. XAnge led the round, with participation from Motier Ventures and Acton Capital.
- Founded in 2020 by Antoine Fabre, Sébastien Decrême, and Thibaut Caoudal, Tomorro is an AI-driven contract management firm that optimizes the entire contract lifecycle. The platform simplifies the drafting, negotiation, signing, storage, and tracking of contracts for businesses.
- The company enhances contract management with AI-powered features such as document review, data extraction, and automated approval workflows, minimizing manual effort while boosting speed and accuracy.
- Additionally, it provides tools for creating customized templates, managing contract storage, and sending reminders for important dates, helping businesses stay organized and ensure compliance.
Details of the deal
- The investment was led by XAnge, a BCorp-certified early-stage investment fund with €700 million under management, based in Paris, Berlin, and Brussels. The firm supports tech startups across Europe with investments ranging from €500,000 to €10 million.
- Motier Ventures, Acton Capital, Adelie, Founders Future, along with existing investors like Resonance, henQ, and Financière Saint James, also participated in the round.
- With the €25 million funding, Tomorro will open its first international office in Germany, double its AI investment, and launch AI-assisted negotiation to streamline contract workflows and drive growth.
