Exor Ventures, the venture fund owned by Italian investment group Exor, is leading a $15m (£12m) series A funding round for British AI startup Jigsaw. Founded by former lawyers Stephen Scanlan and Travis Leon, Jigsaw is expected to announce the funding tomorrow, following confirmation from Exor.
Exor, owned by the Agnelli family, has a history of investing in promising tech startups, including Multiply Labs, Mistral AI, and Neuralink. The funding round also includes participation from angel investors from Linklaters, Morgan Stanley, and KKR.
Jigsaw, founded three years ago, specializes in creating visual tools for corporate structure charts and complex legal and financial transactions. The company plans to expand its product line into a comprehensive platform for managing corporate structures and governance. Jigsaw counts major global law firms and big four accountancy firms among its clients and employs nearly 150 people across offices in London, Miami, and Singapore.
Previously, Scanlan and Leon built XRef, a proofreading software company they sold for $10m (£8m).
