Jet Investment Group leads a €1.7 million investment in Slovak start-up Cequence, enhancing its AI-powered contract management solutions for medium and large enterprises.

Target Information

Jet Investment Group has entered into a significant venture capital investment in Cequence, a Slovak start-up specializing in AI-powered contract management software. The firm has committed €1.7 million out of a total €2 million investment round. Cequence's platform is specifically designed for medium to large enterprises, enhancing contract management processes to increase operational efficiency globally.

The software developed by Cequence enables teams in legal, procurement, and sales to manage the entire contract lifecycle (CLM) effectively. This includes processes from drafting and commenting to approval and performance monitoring. By automating these processes, Cequence significantly reduces the likelihood of errors and missed deadlines by up to 90%, accelerates contract approval time by a considerable margin, and enhances productivity across various departments.

Industry Overview

In Slovakia, the contract management software industry is witnessing rapid growth fueled by the increasing adoption of digital solutions across various sectors. Companies are increasingly recogniz