Fintech startup based in London SemeridaA specialist in legal and financial technologies has raised a financing cycle of 4 million euros in order to strengthen its sales team, to scale its platform and to meet the growing demand for GENAI solutions in finance structured.
The financing tour was directed Puma Growth Partners, a supplier of growth capital to small and medium -sized enterprises.
“”We are delighted to associate ourselves with Puma Growth Partners and independent investors while we are embarking on this next chapter fascinating for sowing“said Peter JaskoCEO of sowing. “”Their investment will accelerate our expansion beyond Clos and ABS / MBS in other asset classes and types of documents, such as credit agreements in leverage and private credit, equipping professionals from the Finance structured with tools fueled by AI which considerably reduce the recovery deadlines and take up the challenges previously extinguished before. With the support of Puma, we advance our mission to revolutionize legal documentation, offer superhuman powers, unequaled precision and clarity, while opening the way for smarter and more efficient financial workflows. “”
SERMERIS was founded in 2020 by Peter Jasko, former European team leader of CLO de JPMorgan, and Sam Daroche, co-founder and former CEO of Verba Technologies, a Fintech company acquired by Verint Systems.
SERMERIS provides what he calls “superhuman powers for legal documents” by combining major language models with human expertise to analyze complex legal documents in debt and structured financial markets.
Traditionally, professionals are going through hundreds of pages of legal text, balancing complex compliance requirements and risking expensive supervisors. Human Hybrid Sowering Technology replaces this meticulous process, providing faster and more precise results while meeting the standards of financial industry regulators.
The company offers a rapidly growing library of more than 5,000 structured financial transactions analyzed covering the collateralized loan obligations (CLO), the securities of active ingredients (ABS), securities backed by mortgage claims (MBS), loans leverage and high -efficiency obligations. These libraries seek to help customers mitigate risks and save precious time.
SERMERIS has built a repository of more than a million data points verified by the analyst, forming a reference library for quality insurance and AI training.
According to Puma Growth Partners, four of the five main CLO law firms use sowing to respond to “What is the market?” Questions and accelerate writing. Sowing libraries can provide an examination process of agreements of 10 times more than 10x, and customers report much faster recovery deadlines on ad hoc requests, reducing research times from month to day.
For teams accustomed to juggle several systems and manually check each clause, this accelerated process is potentially transformative, which allows them to focus on the strategic execution of agreements instead of meticulous detailed work.
The investment will allow Sentis to strengthen its sales team, scale its platform and meet the growing demand for Genai solutions in structured finance.
Henri PensiveDirector of investments at Puma Growth Partners, commented: “This is an incredibly exciting opportunity for us to support an ambitious management team with an in -depth understanding of the use of their customers and pain points when examining complex financial legal documents. Their experience prior to the realization of investment offices in large financial institutions was essential to design an innovative solution led by AI to solve this problem. This is associated with the experience they have in construction, then leaving, a company successfully. We have also validated the product value proposal with their impressive list of customers which includes some of the main financial institutions in the world that have all examined highly sowing. (…) SERMERIS now has an excellent opportunity to develop the company, to develop in new asset classes and to offer new customers and existing, a wider range of products and services. We are impatient to support Peter, Sam and the wider team of sowing to provide this growth. “”