Juro looked at the billion-dollar legal contract industry and asked the obvious question nobody was asking: why are lawyers still emailing Word documents back and forth in 2016? Founded by a former lawyer who got tired of the absurdity, Juro raised $28 million to make contracts something you can actually manage without losing your mind. They are not replacing lawyers. They are replacing the misery of being one.
Founded
2016
HQ
London, UK
Total Raised
$28 million
Founder
Richard Mabey, Pavel Kovalevich
Status
Private
Website
www.juro.comTHE ORIGIN STORY
Richard Mabey was a corporate lawyer at Freshfields Bruckhaus Deringer, one of London's most prestigious law firms. He spent years drafting, negotiating, and managing contracts.
The process drove him nuts. Every contract lived in a Word document.
Every negotiation happened over email. Version control was basically whoever saved the file last.
He teamed up with Pavel Kovalevich, an engineer, and they launched Juro in 2016 with a simple premise: contracts should live in a browser, not in email attachments. They got into Y Combinator's 2016 batch, which gave them early credibility in Silicon Valley despite being a London-based company.
The timing was perfect. Legal tech was starting to heat up, and enterprises were finally admitting that their contract processes were embarrassingly manual.
Juro launched with a browser-native contract editor that let legal and business teams collaborate in real time. No more redlining Word docs.
No more "which version is the latest?" emails.
WHAT THEY ACTUALLY DO
Juro is a SaaS platform. Companies pay an annual subscription to use Juro's contract automation workspace.
The platform handles the entire contract lifecycle: creation from templates, negotiation with real-time collaboration, e-signature, and storage with searchable analytics. Pricing scales with users and contract volume.
The clever part is who pays. Juro targets the legal department, but the actual users are often sales, HR, and procurement teams.
These are the people who create the most contracts and hate the process the most. By making the tool useful for non-lawyers, Juro gets broader adoption inside companies.
More seats means more revenue.
THE PRODUCTS
The core product is the Juro contract automation workspace. It is a browser-native platform where you create contracts from templates, negotiate them with built-in redlining, get e-signatures, and store everything in a searchable repository.
The AI Assistant can review contracts, extract key data points, and suggest edits.
Juro also offers a contract analytics dashboard that surfaces insights like average time-to-sign, common bottleneck clauses, and renewal dates. For legal teams drowning in thousands of contracts, this is the difference between managing by gut feeling and managing with actual data.
HOW THEY GREW
Juro's growth hack was going after the users who hate contracts the most: salespeople. By integrating with CRMs like Salesforce and HubSpot, Juro became the tool that sales teams begged their legal departments to adopt.
Bottom-up adoption driven by the people who actually suffer through contract bottlenecks every day.
They also invested heavily in AI. In 2023, Juro rolled out AI-powered contract review and drafting features that use large language models to extract key terms, flag risks, and generate first drafts.
This made them relevant in the generative AI wave and gave them a story that resonated with forward-thinking legal teams.
THE HARD PART
The biggest challenge is competing with DocuSign, which acquired contract lifecycle management company Lexion in 2024, and also going up against well-funded players like Ironclad and ContractPodAi. Legal departments are notoriously slow to adopt new technology.
They are conservative by nature and by professional obligation.
Convincing a General Counsel to move contracts out of Word and into a browser-based tool requires overcoming decades of institutional inertia. Every lawyer has a story about a missing clause that cost millions.
That fear makes them cling to familiar tools even when those tools are objectively terrible.
MONEY TRAIL
Seed
2016 · Led by Seedcamp
$750K raised
Series A
2018 · Led by Point Nine Capital
$5M raised
Series B
2021 · Led by Union Square Ventures
$23M raised
WHO BACKED THEM
Union Square Ventures led Juro's Series B in 2021. USV does not invest in legal tech often, so their backing was a strong signal.
Eight Roads Ventures, the proprietary investment arm of Fidelity International, came in alongside them. Earlier rounds included Point Nine Capital and Seedcamp, both respected European early-stage investors.
The Y Combinator stamp from 2016 opened doors in the US market that a London startup would normally struggle to access.
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