Traditional contract management is time-consuming and error-prone, relying heavily on emails and multiple tools like Microsoft Word and Excel. Tomorro streamlines these processes by centralising contracts on a secure platform, automating workflows, and improving collaboration between legal, sales, financial, and procurement teams.
To support its expansion, Tomorro is raising €25M in a funding round led by XAnge and Acton Capital, with Adelie and Founders Future participating. Previous investors HenQ, Resonance, Financière Saint-James, and Motier Venture have reaffirmed their confidence by joining this round, bringing total funding to €40 million. The valuation was not disclosed to TFN.
With this funding, Tomorro aims to accelerate its development, double its AI investment, and revolutionise contract management across Europe. The investment marks a significant milestone as the company introduces AI-powered contract negotiation. The expansion includes opening new offices outside France, specifically in Germany’s Cologne region.
Antoine Fabre, co-founder and CEO of Tomorro, exclusively told TFN: “The new funding will be allocated to three key areas: international expansion, starting with the opening of a new office in Germany as a first step toward European growth; doubling investments in AI, particularly in automating contract negotiations and enhancing contract management capabilities; and scaling the team, with plans to hire over 100 new employees across tech, product, sales, and marketing in the next two years.”
Tomorro answers inefficiencies in contract management
Founded in 2020 by Antoine Fabre (ex-AirBnb and an active investor in Faks, H Company, among other ventures), Sébastien Decrême, and Thibaut Caoudal, Tomorro is transforming contract management through a collaborative, user-friendly platform. Its AI-assisted CLM tool enables companies to handle contracts three times faster by automating processes and facilitating collaboration between operational and legal teams.
Speaking to TFN, Fabre shared: “Tomorro was created in response to critical inefficiencies in contract management. Many companies struggle with a lack of visibility, inefficient processes, and time-consuming back-and-forth communication between operational and legal teams.
We saw an opportunity to use AI to streamline the entire contract lifecycle, improving collaboration and reducing processing time by threefold. The company aims to make contract management a strategic asset rather than an administrative burden, transforming it into a lever for business productivity and risk management.”
Tomorro operates in the contract lifecycle management (CLM) market alongside established players such as Ironclad, DocuSign CLM, and Agiloft; enterprise legal management platforms like Onit and Mitratech; and emerging AI-powered contract tools. It distinguishes itself through a collaborative, AI-first approach tailored to operational and legal teams.
Tomorro has attracted over 300 clients in France and abroad, including Veja, Nestlé and Ingenico, helping companies accelerate their contractual processes while minimising legal and financial risks. The company tackles what industry experts call the “95% problem” — where AI solutions often complete contracts 95% of the way but still require human intervention. Its collaborative AI-first approach bridges this gap while serving operational teams (sales/procurement) and legal departments.
Fabre noted: “The European automated contract management market currently represents almost 6 billion US dollars, and that sum is set to double in the coming years, largely due to the acceleration of generative AI. Tomorro’s exceptional performance has perfectly captured the crest of this particular wave, and XAnge is proud to support them, especially as they venture overseas.”
Meet Oro: Tomorro’s AI assistant
In 2024, Tomorro launched Oro, its innovative AI assistant designed to analyse and instantly process contract-related data. This tool has been adopted by 77% of the company’s clients, becoming a vital asset for businesses looking to optimise operations.
With its Oro generative AI assistant, powered by best-in-class language models, Tomorro supports users throughout the contract lifecycle, from assisted editing and contract generation to summarising, automatic translation, and data extraction and analysis. The company is now building a contract intelligence model, aiming to evolve from operational efficiency to economic and strategic intelligence.
“As contracts, channels, and stakeholders multiply, making processes increasingly complex, generative AI is opening new opportunities and transforming companies’ legal environments. Our AI-powered CLM has proven its worth, and we’re now intensifying our efforts to provide users with even more support and productivity gains. To implement this vision, we’re launching AI-assisted negotiation to help businesses conclude agreements more quickly and securely,” explained Antoine Fabre.
Tomorro’s collaborative platform enables companies to manage contracts three times faster by automating processes and streamlining interaction between legal and operational teams (sales, procurement, marketing, HR, etc.). It eliminates time wasted on endless email exchanges while its AI-powered CLM tool accelerates every stage of the contract lifecycle.
Being the European leader in AI-powered contract management
Speaking about the future, Fabre concluded: “Tomorro’s medium and long-term ambitions include strengthening its position as the European leader in AI-powered contract management, expanding beyond Germany into other strategic European markets, developing next-generation AI innovations, including AI-assisted contract negotiation, and becoming a global reference in contract intelligence, evolving from operational efficiency to a strategic business intelligence tool.”
Alexis du Peloux, partner at XAnge said: “ Helping businesses manage their contracts in the AI era. Through this new round of funding, Tomorro will boost innovation and hire over 100 talents in tech, product, sales, and marketing over the next two years to drive its commercial growth. The French start-up is also focusing on AI to increase its solution’s productivity gains, and in 2025, it will be doubling its investments in this field to accelerate its development.
With its Oro generative AI assistant, driven by best-in-class language models, already supporting users at every stage of a contract, from assisted editing to contract generation to summarising, automatic translation, and data extraction and analysis, Tomorro is looking to go even further by building an intelligence model for contracts. The company’s ultimate aim is to take the next step from operational efficiency to an economic and strategic intelligence- and value-driver.”
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