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The company makes it easier for in-house legal teams to create;; negotiate;; and store contracts. We got an exclusive look at the 15-slide pitch deck Juro used to raise the Series B round.", "slideCount": 15, "companyName": "Juro", "description": "Legal tech startup Juro has raised $23 million from Eight Roads;; which backed Alibaba and Cazoo. The company makes it easier for in-house legal teams to create;; negotiate;; and store contracts. We got an exclusive look at the 15-slide pitch deck Juro used to raise the Series B round. A startup that makes it easier to create;; negotiate;; and sign legal contracts has raised $23 million in Series B funding. London-based Juro;; founded in 2016;; secured the funds from Eight Roads;; the venture capital firm that previously invested in Alibaba;; Cazoo;; and Appsflyer. It brings Juro's total funds raised to $31.5 million. Founder Richard Mabey had the idea while working at European law firm Freshfields;; where he processed high volumes of \"relatively routine\" legal contracts;; finalized via a patchwork of tools including email;; Microsoft Word;; and signature programs. \"We want to dethrone Microsoft Word;;\" Mabey told Insider;; insisting there needs to be a more intuitive way to agree terms online. Juro allows teams – including those without legal training;; as \"most of the people who deal with contracts are HR and sales teams\" – to create;; negotiate;; approve;; track;; sign;; store;; and manage contracts in one tool. This includes contract templates;; synchronous editing;; version control;; and a dedicated signature platform. The company claims a contract can be created in three minutes. The tool also integrates with other services. A salesperson can initiate a contract from Salesforce;; for example. Contracts are all then stored in a searchable database to accessibility. Juro is now used in over 85 countries;; the company said;; and boasts the likes of Deliveroo;; Cazoo;; Trustpilot;; and TheRealReal as customers. Mabey said tech startups and scale-ups with in-house legal teams are Juro's sweet spot. While developing the Juro product;; the founder spent short stints working in-house with clients to get to know their pain points. \"A law firm might spend three months negotiating or creating a very complex document;; but in-house legal teams are dealing with it 100 NDAs a month;; 50 employment contracts;; and 100 sales agreements ... I think what we learned actually executing on the company was that the constraints in a tech company are really;; really severe;;\" he said. By taking away contract admin;; Mabey hopes Juro will free up lawyers' time and \"give people more purpose\" at work. Contracts can be shared by a link over WhatsApp and are mobile-friendly;; which the founder said will also improve the onboarding experience of new hires. 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