Jigsaw, a London, UK-based entity management platform focused on corporate infrastructure management, raised $15M in Series A funding.
The round was led by Exor Ventures with angels from KKR, Morgan Stanley and Linklaters.
The company intends to us the funds to expand operations, its development efforts, and continue to grow its global presence.
Founded by Stephen Scanlan and Travis Leon, Jigsaw leverages data and AI to enable businesses to visualise, design, and manage corporate structures. It facilitates the creation of diagrams at speed and allows its users to build a visual-first system of record.
The company was released 3 years ago and is already becoming the standard corporate structure visualisation platform across major financial institutions, accountancy practices (including the Big Four), and global law firms (including Ashurst, Simpson Thacher & Bartlett and Goodwin Procter).
Jigsaw already has offices in London, Miami, California, Chicago and Barcelona, and will launch in Singapore in 2024.
Commenting on the news, Stephen Scala said: “We’ve dedicated ourselves to building products that white-collar professionals deeply value for corporate structuring. Up next, we’re going to double down on generative AI and collaboration features. We also plan to expand our multi-product line focused on visualising complex transactions into an end-to-end platform to manage corporate structures and governance.”
Founded in 2018 in New York, Exor Ventures is the early-stage investment arm of Exor N.V. They invest in early-stage companies from Seed to Series B, across healthcare, mobility and SaaS/AI. Over the 6 year period, the firm has invested in suc companies as Mistral AI, Via, Brex, Qonto, Alan, Neuralink.
Noam Ohana and Michael Lavner, from Exor Ventures, added: “We are thrilled to partner with Stephen and Travis, having experienced first-hand the need for the Jigsaw platform. The solution represents a paradigm shift in how knowledge workers manage structured information. Customer feedback has been phenomenal, and this round is a great step towards building the category leading AI-powered platform for corporate structuring.”
FinSMEs
30/04/2024