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§ Private Profile · Tallinn, Harjumaa, Estonia
Contract lifecycle management (CLM) platform for legal teams, businesses, and enterprises, with AI-driven document automation and e-signatures.
Avokaado is a Tallinn, Estonia-based software company that provides an all-in-one contract lifecycle management platform designed specifically for in-house legal departments, law firms, and enterprise sales teams. The business operates a business-to-business software-as-a-service model that utilizes robotic process automation and artificial intelligence to facilitate automated document drafting, negotiation collaboration, and electronic signatures within a single centralized workspace. The enterprise has scaled its operations to serve over 20,000 users globally and currently maintains an estimated workforce of 10 to 50 employees, supported by €1.2 million in initial seed funding. Avokaado is financially backed by venture capital firms including Tera Ventures and Superangel, while its enterprise software is utilized by several prominent corporate clients such as Tele2, Veriff, and Sorainen. The company was originally founded in 2016 by former practicing attorney Mariana Hagström and Jean Mauris.
Avokaado has raised $2.1M across 2 funding rounds.
Avokaado has raised $2.1M in total across 2 funding rounds.
Avokaado has raised $2.1M across 2 funding rounds. Most recently, it raised $1.3M Other Equity in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 13, 2023 | $1.3M Venture Round | Andrus OKS | — | Announced |
| Feb 25, 2021 | $850K Pre Seed | — | Funderbeam, Particlex | Announced |
Avokaado has raised $2.1M in total across 2 funding rounds.
Avokaado's investors include Andrus Oks, Funderbeam, ParticleX.