Thomson Reuters Ventures Website, Blog & Press Pages - aVenture
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Thomson Reuters Ventures
Thomson Reuters Ventures is an early-stage enterprise technology venture capital fund backed by Thomson Reuters. The firm primarily invests in Series A and B rounds, focusing on accelerating innovative technologies for professionals. Their typical investment size ranges from $7 million to $45 million, based on their portfolio companies' total funding.
Supio, an AI platform that automates data collection and analysis for legal teams, raises $60 million in a round led by Sapphire Ventures, with Mayfield and Thomson Reuters Ventures participating. The funding brings its total raised to $91 million and supports growth, hiring, and go-to-market efforts as the company plans to roughly double its 100-person staff. Focused on personal injury law, its platform connects to law firms’ file systems and supports more than 114 case types. CEO Jerry Zhou says its annual recurring revenue and customer base have each grown fourfold.
Apr 2025 · TechCrunchNews article
Materia looks to make accountants more efficient with AI
Materia emerges from stealth with $6.3 million to build AI tools that help accounting firms automate audit work and search firm documents. The software integrates with existing workflow tools, including Excel and Teams, and uses generative AI to process firm documents while citing sources for answers. Spark Capital leads the round, and Materia says it has five customers and is initially targeting the top 200 U.S. accounting firms.