Thomson Reuters Announces $ 100 Million Future of Professionals Venture Fund
Thomson Reuters announced the creation of a new $ 100 million enterprise venture capital (CVC) fund to support and accelerate innovation for the “future of professionals”.
The fund will operate under the name “Thomson Reuters Ventures” and will focus on investment and portfolio support for companies creating breakthrough innovations that will allow professionals to operate more productively and with greater understanding.
As a content technology company specializing in the legal, tax and accounting, risk, fraud, compliance and information and media markets, customers rely on Thomson Reuters to provide reliable solutions. to manage and develop their activities. Thomson Reuters Ventures builds on this commitment by investing and supporting the larger ecosystem focused on these same challenges.
“I am delighted to add Thomson Reuters Ventures as another way to invest in innovation and to serve our markets. Our customers are the most informed professionals in the world and they need reliable, precise and efficient solutions more than ever. We are delighted to partner with founders and entrepreneurs who share these goals, and to continue to deliver emerging solutions as an industry leader, ”said Steve Hasker, President and CEO of Thomson Reuters.