Estonian legal tech startup Avokaado secures €1.2M to fuel growth, expansion

Estonian legal tech startup Avokaado announced that it has raised €1.2M in funding led by Tera Ventures. The company says the funding will help it to expand into new markets and verticals, and further fuel its growth initiatives and product development advancement. Avokaado’s platform helps businesses create and manage various documents and contracts with its all-in-one toolbox. It allows teams and businesses to automate, negotiate, and eSign contracts. With the platform, the company aims to empower its growing user base, which includes operations managers, sales and legal professionals, contract managers, and business executives, to “contract with confidence.” “Just as Estonia’s agile approach positions it as a leader in digital transformation, Avokaado is primed to be at the forefront of this change, propelling us into an exciting future,” says Mariana Hagström, the founder and CEO of Avokaado.