Legal due diligence has long been slow, expensive, and prone to human error. Belgian legaltech company Jurimesh is changing that.
Jurimesh is announcing the closing of a €1.6 million pre-seed funding round, led by international investment network Syndicate One and joined by several business angels. The funds will be used to further fine-tune its AI-driven due diligence platform and expand geographically.
Lawyers used to spend several weeks manually reviewing contracts for a single transaction, cross-checking clauses and compiling reports, a repetitive, time-consuming process prone to oversight. Jurimesh seamlessly integrates with data rooms, applies advanced AI-powered document recognition, and leverages Large Language Models to spot red flags, provide recommendations, and generate detailed due diligence reports. Collaboration with forward-thinking M&A law firms highlighted the inefficiencies of manual due diligence, making it clear that the process is slow, costly, and in need of a smarter solution.
“The legal industry has tolerated inefficiency for too long. We’re here to change that,” said Jorrit Willaert, CEO of Jurimesh. “This funding allows us to push our technology further and redefine how legal teams approach legal due diligence and contract analysis.”
“Jurimesh helps us structure information faster and automatically identify contractual risks,” said Davy Gorselé, managing partner at Quorum, one of Jurimesh’s clients. “It improves both efficiency and the quality of our legal advice.”
Use of Funds: Building the Future of Fully Automated Due Diligence
With this investment, Jurimesh plans to:
- Expand our AI team to enhance our proprietary algorithms and develop more advanced
legal reasoning capabilities to improve the identification of risk indicators.
- Broaden our market presence across Europe by expanding our commercial team and
establishing strategic partnerships.
- Develop new features with the ultimate vision of fully automating legal due diligence,
eliminating manual repetitive work entirely.
To facilitate its mission to fully automate legal due diligence, the company brought several investors on board, including Syndicate One, a founder-led Belgian fund investing in ambitious early-stage tech startups, as well as several business angels, including Matthias Geeroms (Lighthouse), Jeroen De Wit (Teamleader), Roeland Delrue (Aikido), Michiel Bearelle (Officient, Vendorvue), Kris Moeremans (Intersentia), Marc Coppens (Yuki), Koen Vandaele (Deloitte), Anthony De Clerck (Dovesco), Michiel Denis (Aikido, former Henchman), and many more.
“We believe Jurimesh is charting a new path in legal tech at a time when the market is increasingly eager for AI-driven solutions,” said Hans Kayaert of Syndicate One. “While legal AI has so far largely focused on broad horizontal applications, Jorrit and Jasper impressed us with their sharp focus on perfecting the specific task of legal due diligence — demonstrating the next chapter in the evolution of legal AI.”
