This investment marks a significant milestone for Cequence, supporting its continued technology development and international expansion.
“This investment is a key step on our journey towards international growth,” said Rastislav Kovaľ, CEO and co-founder of Cequence. “With the support of Jet Ventures and other investors, we’ll be able to scale our technology faster and help more companies streamline contract management on a large scale.”
AI that helps companies move faster — and smarter
Cequence’s AI-powered platform automates the entire contract lifecycle — from drafting and negotiation to approval and performance monitoring. Using cutting-edge technologies like ChatGPT from OpenAI, the platform can reduce errors and delays by up to 90%, shorten contract approval times by dozens of percent, and significantly boost productivity across legal, procurement, and sales teams.
“Cequence is fundamentally redefining how companies manage contracts,” said Kamil Levinský, Managing Director at Jet Ventures. “With a world-class product team, fast deployment, and strong scalability, Cequence is well positioned to become a market leader. We’re excited to support their next phase of growth.”
“The demand for automated contract management and AI in CLM is surging, and Cequence is uniquely positioned to capture this momentum. By combining advanced AI with a user-friendly platform, we deliver tangible results — from faster approvals and reduced risk to greater team efficiency,” added Martin Ragan, co-founder and Chief Revenue Officer at Cequence.
“What sets Cequence apart is its laser-focused AI trained on real contract data, which so far drives a 49% turnaround reduction and a 34% productivity uplift calculated from real customers’ environment data, all without ripping out existing widely used Microsoft ecosystems. Moreover, the platform’s real-time collaborative editor and dynamic playbooks turn every contract into a governed, auditable process, making every stakeholder more confident and giving teams proactive control over compliance and negotiations,” says Angelo Burgerello, Partner at Look AI Ventures.
Trusted by global corporates and Slovak market leaders
Cequence already counts more than 20 enterprise clients across various industries — including Dell, Arcondis, VÚB Banka, Slovenské elektrárne, Notino, and Orange. The company is currently engaged in active discussions with over 70 additional prospective clients.
Over the past year, Cequence has achieved 108% year-over-year growth in recurring revenue and maintained 100% retention of existing clients — underlining its strong positioning in the fast-growing Contract Lifecycle Management (CLM) market.
