For investors

Puma Investments

Live

Semeris

London

LOCATION

Fintech

SECTOR

January 2025

INITIAL DEAL

Overview

Semeris combines AI and human expertise to help financial institutions streamline legal document analysis and meet compliance standards.

 

About Semeris

Founded in 2020 by Peter Jasko and Sam Daroczy, Semeris combines AI and human expertise to help financial institutions streamline legal document analysis and meet compliance standards.


Traditionally, professionals sift through hundreds of pages of legal text, balancing compliance requirements and risking costly oversights. Semeris’s technology replaces this painstaking process, delivering faster, more accurate results while meeting the standards of finance industry regulators.


Semeris has played a significant role in structuring deals with a combined value exceeding $50 billion and serves over 40 enterprise clients, including major investment banks, top international law firms, and six of the world’s 20 largest asset managers.


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

THE COMPANY'S VIEW

We're thrilled to partner with Puma Growth Partners and independent investors as we embark on this exciting next chapter for Semeris. "Their investment will accelerate our expansion beyond CLOs and ABS/MBS into other asset classes and document types, such as credit agreements in leveraged loans and private credit, equipping structured finance professionals with AI-powered tools that drastically reduce turnaround times and tackle challenges previously out of reach. “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.


Peter Jasko, CEO of Semeris

OUR VIEW

This is an incredibly exciting opportunity for us to back an ambitious management team with a deep understanding of their customers’ user journeys and pain points when reviewing complex financial legal documents. Their previous experience leading investment desks in large financial institutions has been key to devising an innovative AI-led solution to address this issue. This is coupled with the experience they have in building, and then exiting, a business successfully. We also validated the product’s value proposition with their impressive client list which includes some of the world’s leading financial institutions who all reviewed Semeris highly. “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.


Henri Songeur, Investment Director at Puma Growth Partners