Arteria AI

Arteria AI in its strategic investment from CITI SPRINT and BDC Capital

Client

Arteria AI

Value

-

Service

Emerging and High Growth Companies

Date Closed

June 2022

Industry

Technology

Lead Office

Toronto

 

On June 1, 2022, Arteria AI announced it had received strategic investments co-led by both Citi SPRINT (Spread Products Investment Technologies), the strategic investing arm of the bank’s industry-leading Global Spread Products division, and BDC Capital. This strategic investment round will accelerate Arteria’s global growth and adoption of its differentiated low-code, data-centric approach to documentation.

Arteria AI applies artificial intelligence to the drafting, negotiation, and analysis of contracts.

Osler, Hoskin & Harcourt LLP advised Arteria AI with a team consisting of Chad Bayne, Justin Dharamdial (Emerging and High Growth Companies) and Alexandra Alacchi (Corporate).