Jigsaw raises $15M after signing over 130 of the world’s leading legal and financial institutions

Repeat tech founders secure $15m Series A funding round, led by Exor Ventures with angels from KKR, Morgan Stanley and Linklaters.

Jigsaw leverages data and AI to transform how businesses visualise, design, and manage corporate structures. It facilitates the creation of diagrams at 40x the speed of legacy tools such as PowerPoint and enables its users to build a visual-first system of record.

Founded  by  Stephen  Scanlan  and  Travis  Leon,  Jigsaw  is  the  pair’s  second  successful  venture together. They previously co-founded, scaled and sold XRef, a proofreading software company, in 2016 (now Litera, a $1bn+ company). As former city professionals with over two decades of combined experience in the legal and financial services industries, Jigsaw’s co-founders are on a mission to empower white-collar professionals to do business visually on a shared platform.

Jigsaw was released just 3 years ago and is already becoming the standard corporate structure visualisation platform across major financial institutions, accountancy practices (including the Big Four), and global law firms (including Ashurst, Simpson Thacher & Bartlett and Goodwin Procter).

Stephen Scanlan, co-founder at Jigsaw, said, “We've dedicated ourselves to building products that white-collar professionals deeply value for corporate structuring. Up next, we’re going to double down on generative AI and collaboration features. We also plan to expand our multi-product line focused on visualising complex transactions into an end-to-end platform to manage corporate structures and governance.”

In addition to investing in its platform, Jigsaw will continue to grow its global footprint. It already has offices in London, Miami, California, Chicago and Barcelona, and will launch in Singapore in 2024.

Noam Ohana and Michael Lavner, from Exor Ventures commented, “We are thrilled to partner with Stephen and Travis, having experienced first-hand the need for the Jigsaw platform. The solution represents a paradigm shift in how knowledge workers manage structured information. Customer feedback has been phenomenal, and this round is a great step towards building the category leading AI-powered platform for corporate structuring.”

“The Growth Stage was advisor to the Series A round. Simon Stewart, CEO at The Growth Stage, said, “We were introduced to Jigsaw by one of our institutional investors who was impressed by its compelling software and outstanding team. This powerful mix of people and product is what led to Exor Ventures taking this competitive round.”

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