On March 22, 2021, Arteria AI announced it had completed its US$11 million Series A financing round, led by Information Venture Partners and Illuminate Financial Management, with participation from Golden Ventures and StandUp Ventures. The proceeds will be used to scale Arteria AI’s technology by developing product, sales and delivery on a global basis, with a focus on the financial services sector.
Arteria AI is a global leader in enterprise digital contracting specializing in applying artificial intelligence and a data-first approach to the drafting, negotiation and analysis of contracts.
Osler, Hoskin & Harcourt LLP advised Arteria AI, with a team consisting of Chad Bayne, Justin Dharamdial, Shalu Atwal (Emerging & High Growth Companies) and Alexandra Alacchi (Corporate).