Semeris: A New Dawn for AI in Structured Finance
February 3, 2025, 9:32 pm
Location: United States, New York, Town of Huntington
Employees: 5001-10000
Founded date: 1994
Total raised: $400M
Location: United Kingdom, England, London
Employees: 11-50
Founded date: 2020
Total raised: $5.12M
In the bustling heart of London, a financial technology startup is rewriting the rules of structured finance. Semeris, founded in 2020, has emerged as a beacon of innovation, blending artificial intelligence with legal expertise. With a recent funding boost of €4 million, the company is poised to scale its operations and meet the surging demand for generative AI solutions in the financial sector.
Semeris is not just another tech company. It’s a lifeline for finance professionals drowning in a sea of legal documents. The startup’s founders, Peter Jasko and Sam Daroczy, bring a wealth of experience from the financial world. Jasko, a former head of JPMorgan’s European CLO team, and Daroczy, ex-CEO of Verba Technologies, understand the intricacies of finance like few others. They’ve harnessed this knowledge to create a platform that offers “superhuman powers” for legal documentation.
The recent funding round, led by Puma Growth Partners, is a testament to the potential of Semeris. This investment will fortify the company’s sales team and expand its platform capabilities. The goal? To tackle the complexities of structured finance head-on. With the financial landscape evolving rapidly, the need for efficient, AI-driven solutions has never been greater.
Semeris specializes in analyzing complex legal documents, a task that has traditionally consumed countless hours. Professionals often wade through hundreds of pages, balancing compliance requirements with the risk of costly oversights. Semeris’s hybrid technology combines large language models with human expertise, streamlining this process. The result is a faster, more accurate analysis that meets the rigorous standards of financial regulators.
The company boasts a library of over 5,000 analyzed structured finance transactions. This extensive repository covers a range of financial instruments, including Collateralized Loan Obligations (CLOs), Asset-Backed Securities (ABS), and Mortgage-Backed Securities (MBS). By leveraging this data, Semeris helps clients mitigate risk and save valuable time. It’s like having a seasoned guide in a dense forest of legal jargon.
According to reports, Semeris’s platform can deliver a deal review process that is ten times faster than traditional methods. This acceleration is transformative. Teams that once juggled multiple systems and manually verified each clause can now focus on strategic deal execution. The tedious details that once consumed their time are handled with precision and speed.
The backing from Puma Growth Partners is significant. Their investment not only provides capital but also validates Semeris’s business model. With a client list that includes some of the world’s leading financial institutions, the company has proven its value in a competitive market. The endorsement from such prestigious clients speaks volumes about the effectiveness of Semeris’s solutions.
As the demand for generative AI solutions in structured finance continues to grow, Semeris is well-positioned to capitalize on this trend. The company’s mission is clear: to revolutionize legal documentation and create smarter, more efficient finance workflows. This vision aligns perfectly with the needs of modern financial institutions, which are increasingly seeking innovative ways to enhance their operations.
The journey of Semeris is just beginning. With the new funding, the company plans to expand into new asset classes and document types. This growth will enable them to offer a wider range of products and services to both new and existing customers. The potential for innovation is vast, and Semeris is ready to seize the moment.
In a world where time is money, Semeris offers a solution that can save both. The ability to reduce research timelines from months to days is a game-changer. Financial professionals can now respond to market inquiries with unprecedented speed, allowing them to stay ahead of the competition. This agility is crucial in an industry where every second counts.
Moreover, the human-in-the-loop approach ensures that while AI handles the heavy lifting, human expertise remains at the forefront. This balance is essential in the finance sector, where nuances can make all the difference. Semeris’s technology doesn’t just automate; it enhances the capabilities of finance professionals, allowing them to work smarter, not harder.
As Semeris embarks on this exciting new chapter, the financial world watches closely. The company’s innovative approach to legal documentation could set a new standard in the industry. With a strong foundation, a clear vision, and the backing of experienced investors, Semeris is on the brink of something big.
In conclusion, Semeris is more than just a startup; it’s a harbinger of change in the structured finance landscape. By marrying AI with legal expertise, the company is paving the way for a future where financial professionals can navigate the complexities of their work with ease. The journey ahead is filled with promise, and Semeris is ready to lead the charge. The dawn of a new era in finance is here, and Semeris stands at the forefront, ready to illuminate the path ahead.
Semeris is not just another tech company. It’s a lifeline for finance professionals drowning in a sea of legal documents. The startup’s founders, Peter Jasko and Sam Daroczy, bring a wealth of experience from the financial world. Jasko, a former head of JPMorgan’s European CLO team, and Daroczy, ex-CEO of Verba Technologies, understand the intricacies of finance like few others. They’ve harnessed this knowledge to create a platform that offers “superhuman powers” for legal documentation.
The recent funding round, led by Puma Growth Partners, is a testament to the potential of Semeris. This investment will fortify the company’s sales team and expand its platform capabilities. The goal? To tackle the complexities of structured finance head-on. With the financial landscape evolving rapidly, the need for efficient, AI-driven solutions has never been greater.
Semeris specializes in analyzing complex legal documents, a task that has traditionally consumed countless hours. Professionals often wade through hundreds of pages, balancing compliance requirements with the risk of costly oversights. Semeris’s hybrid technology combines large language models with human expertise, streamlining this process. The result is a faster, more accurate analysis that meets the rigorous standards of financial regulators.
The company boasts a library of over 5,000 analyzed structured finance transactions. This extensive repository covers a range of financial instruments, including Collateralized Loan Obligations (CLOs), Asset-Backed Securities (ABS), and Mortgage-Backed Securities (MBS). By leveraging this data, Semeris helps clients mitigate risk and save valuable time. It’s like having a seasoned guide in a dense forest of legal jargon.
According to reports, Semeris’s platform can deliver a deal review process that is ten times faster than traditional methods. This acceleration is transformative. Teams that once juggled multiple systems and manually verified each clause can now focus on strategic deal execution. The tedious details that once consumed their time are handled with precision and speed.
The backing from Puma Growth Partners is significant. Their investment not only provides capital but also validates Semeris’s business model. With a client list that includes some of the world’s leading financial institutions, the company has proven its value in a competitive market. The endorsement from such prestigious clients speaks volumes about the effectiveness of Semeris’s solutions.
As the demand for generative AI solutions in structured finance continues to grow, Semeris is well-positioned to capitalize on this trend. The company’s mission is clear: to revolutionize legal documentation and create smarter, more efficient finance workflows. This vision aligns perfectly with the needs of modern financial institutions, which are increasingly seeking innovative ways to enhance their operations.
The journey of Semeris is just beginning. With the new funding, the company plans to expand into new asset classes and document types. This growth will enable them to offer a wider range of products and services to both new and existing customers. The potential for innovation is vast, and Semeris is ready to seize the moment.
In a world where time is money, Semeris offers a solution that can save both. The ability to reduce research timelines from months to days is a game-changer. Financial professionals can now respond to market inquiries with unprecedented speed, allowing them to stay ahead of the competition. This agility is crucial in an industry where every second counts.
Moreover, the human-in-the-loop approach ensures that while AI handles the heavy lifting, human expertise remains at the forefront. This balance is essential in the finance sector, where nuances can make all the difference. Semeris’s technology doesn’t just automate; it enhances the capabilities of finance professionals, allowing them to work smarter, not harder.
As Semeris embarks on this exciting new chapter, the financial world watches closely. The company’s innovative approach to legal documentation could set a new standard in the industry. With a strong foundation, a clear vision, and the backing of experienced investors, Semeris is on the brink of something big.
In conclusion, Semeris is more than just a startup; it’s a harbinger of change in the structured finance landscape. By marrying AI with legal expertise, the company is paving the way for a future where financial professionals can navigate the complexities of their work with ease. The journey ahead is filled with promise, and Semeris is ready to lead the charge. The dawn of a new era in finance is here, and Semeris stands at the forefront, ready to illuminate the path ahead.