Search company, investor...

Predict your next investment

Angel Investor (Individual)

Investments

12

Portfolio Exits

3

About Louis Jonckheere

Headquarters Location

Are you an investor?
Submit your portfolio details now to be considered in our investor rankings.

Latest Louis Jonckheere News

In the ChatGPT era, Henchman that helps lawyers draft complex contracts faster with AI nets $7M funding

Mar 3, 2023

Legal professionals usually refer to existing documentation, which involves sifting through hundreds of old contracts or talking to their colleagues to find suitable precedents that may be relevant to their case. A Belgian legal tech startup, Henchman that resolves this issue, has netted $7 million in Series A funding. The round was led by a New York-based early-stage fund Adjacent VC that backed Ostrom , and a Munich-based VC fund Acton Capital that backed Seatti and Convelio , alongside participation from several business angels, including Louis Jonckheere & Pieterjan Bouten (founders Showpad), Felix Van de Maele (founder Collibra) and Bram Couvreur (Partner at U.S.-based law firm Cooley). With this round, the total funding raised by Henchman is now $10 million and follows the recent GPT-3 integration. The company aims to become the industry-leading contract drafting and negotiation solution. Henchman intends to use the funds to stay ahead of the competition and enter new markets. “When everyone was still talking about ChatGPT, we implemented the technology in Henchman,” said Gilles Mattelin, Founder of Henchman. “After a few reference calls it became clear that Henchman’s power lies within how perfectly the product fits into the legal professionals’ existing workflow. It’s rare to see a SaaS company win international clients this early in its journey, but the teams’ customer obsession is driving great adoption in both Europe and the US. I’m excited to team up as we scale to the next level!” said Nico Wittenborn, Investor at Adjacent VC. Louis Jonckheere, private investor and founder of Showpad, said “The legal profession is entering a new age with AI. I’m very bullish about Henchman’s ability to take a leading role in this transformation. They have the team, technology and traction to become a dominant global player.” Helps lawyers with AI Founded by Jorn Vanysacker, Gilles Mattelin, and Wouter Van Respaille in 2021 during the pandemic, Henchman helps the lawyer of the future provide added value and expertise. With AI, lawyers can now use Henchman to enrich contracts with new suggestions, translations, or grammatical adaptations. This legal tech startup enables legal professionals to draft and negotiate complex contracts faster by automatically extracting previously written clauses from their existing contract database, when and where they need it. Henchman turns legal professionals into data-driven lawyers that outperform their competition. It frees lawyers from complex and time-consuming tasks by automatically centralising past clauses and definitions from any legal team’s contract database, be it a law firm or corporate legal department, and delivers them intelligently in familiar Microsoft Word or Outlook environments. Since its debut, Henchman has been on a remarkable trajectory and has experienced rapid adoption and growth over the past year. It witnessed a whopping 750% revenue growth, over 100 customers in 15 countries, and a team that grew from 12 to 35 employees.

Louis Jonckheere Investments

12 Investments

Louis Jonckheere has made 12 investments. Their latest investment was in Aikido Security as part of their Angel on January 19, 2023.

CBI Logo

Louis Jonckheere Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/19/2023

Angel

Aikido Security

$2.16M

Yes

1

7/6/2021

Angel

Deselect

Yes

Pascal Borremans, and Undisclosed Angel Investors

3

12/2/2020

Series B

SweepBright

$2.54M

No

1

6/17/2019

Angel

Subscribe to see more

$99M

Subscribe to see more

10

11/7/2018

Angel - III

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/19/2023

7/6/2021

12/2/2020

6/17/2019

11/7/2018

Round

Angel

Angel

Series B

Angel

Angel - III

Company

Aikido Security

Deselect

SweepBright

Subscribe to see more

Subscribe to see more

Amount

$2.16M

$2.54M

$99M

$99M

New?

Yes

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Pascal Borremans, and Undisclosed Angel Investors

Sources

1

3

1

10

10

Louis Jonckheere Portfolio Exits

3 Portfolio Exits

Louis Jonckheere has 3 portfolio exits. Their latest portfolio exit was Silverfin on September 25, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/25/2023

Acquired

$99M

3

7/1/2020

Corporate Majority

Subscribe to see more

$99M

Subscribe to see more

10

1/29/2019

Merger

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/25/2023

7/1/2020

1/29/2019

Exit

Acquired

Corporate Majority

Merger

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

3

10

10

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.