Today, London-based contract review startup Della announced it raised $2.5 million in seed funding from new investor Pragmatech Ventures as well as previous individual investors. The startup, which was founded in mid-2018 and launched its contract review platform in 2020, looks to take a different approach than others in the market with the unique way it trains its artificial intelligence technology.
Della CEO and co-founder Christophe Frèrebeau noted the startup will use the investment to expand further within Europe, adding to its presence in countries such as the UK, France, Italy and Germany. The company will also look to expand further into the U.S., though it will focus on specific use cases in the American market, such as helping review complex franchise agreements.
