Semeris Bags $4.3m For Lawyers’ Structured Finance Needs

Semeris, a legal tech and fintech startup focused on structured finance, has received $4.3m in a funding round led by Puma Growth Partners, a provider of growth capital to small- and medium-sized businesses.

Semeris was founded in 2020 by Peter Jasko, former head of JP Morgan’s European CLO team, and Sam Daroczy, co-founder and former CEO of Verba Technologies.

The company said that ‘four of the global top five’ law firms working on Collateralised Loan Obligations (CLOs) use Semeris to answer ‘what’s market?’ questions and speed up drafting. Or, put another way, it ‘delivers a combination of software, natural language processing, AI, and HITL (human-in-the-loop) to address all the pain points associated with reviewing legal documents for finance’.

At present it offers a rapidly growing library of more than 5,000 analysed structured finance transactions covering Collateralised Loan Obligations (CLOs), Asset-Backed Securities (ABS), Mortgage-Backed Securities (MBS), leveraged loans, and high-yield bonds. These libraries help clients mitigate risk and save valuable time. Semeris has built a repository of over a million analyst-verified data points, forming a reliable reference library for quality assurance and AI training, they added.

Semeris’s libraries can ‘deliver a 10x-faster deal review process‘, and customers report significantly faster turnaround times on ad hoc, market-wide inquiries, reducing research timelines from months to days, they claimed.

The investment will enable Semeris to strengthen its sales team, scale its platform, and meet the growing demand for GenAI solutions in structured finance.

Peter Jasko, CEO of Semeris, said: ‘With Puma’s support, we’re advancing our mission to revolutionise legal documentation, delivering superhuman powers, unmatched precision, and clarity, while paving the way for smarter, more efficient finance workflows.’

Henri Songeur, Investment Director at Puma Growth Partners, concluded: ‘Semeris now has a great opportunity to scale the business, expand into new asset classes and offer new, and existing customers, a wider range of products and services. We look forward to supporting Peter, Sam and the wider Semeris team on delivering this growth.’