Predict your next investment

Corporation
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Accounting & Finance Services
thomsonreuters.com

See what CB Insights has to offer

Investments

30

Portfolio Exits

33

Funds

1

Partners & Customers

10

Service Providers

2

About Thomson Reuters

Thomson Reuters (NYSE: TRI) provides news and information for professionals in the financial and risk, legal, tax and accounting, intellectual property and science, and media markets.

Thomson Reuters Headquarter Location

333 Bay Street

Toronto, Ontario, M5H 2S5,

Canada

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Thomson Reuters

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Thomson Reuters in 1 Expert Collection, including Blockchain.

B

Blockchain

160 items

Thomson Reuters Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Thomson Reuters Rank

Latest Thomson Reuters News

Pushback against AI policing in Europe heats up over racism fears

Oct 26, 2021

The use of automated risk modelling and profiling systems to predict future criminal activity has already been banned in cities like Santa Cruz and New Orleans amid accusations that they reinforce racist policing patterns. — TNS BRUSSELS: Damien Sardjoe was 14 when the Amsterdam police put him on the city’s Top 600 criminals list, which sets people thought to be at risk of committing “high-impact crimes” such as robbery, assault and murder on a regime of care and punishment. That was when his life began to fall apart. Sardjoe had previously been arrested for two street robberies – one of which was violent. But his inclusion on the list meant police would raid his home whenever a crime happened in his area, he said, while officers routinely stopped him on the street asking for ID. “I felt very spied on,” Sardjoe, now a 20-year-old youth worker, told the Thomson Reuters Foundation in a video-conferencing interview. “I didn’t feel comfortable walking on the street.” Sardjoe’s older brother was placed on another automated list – the Top 400 children at risk of criminal behaviour – before he had ever committed a crime, and then went on to become involved in stealing scooters, he added. The “top criminal” tag felt “almost like a self-fulfilling prophecy”, Sardjoe said. Amid warnings from rights groups that artificial intelligence (AI) technologies reinforce prejudice in policing, the debate over systems like the Top 600 list kicked up a notch this month, when MEPs voted for a report proposing strict regulation of predictive policing. Officials said the non-binding report, which also calls to outlaw the use of mass biometric surveillance, should become Parliament's position for coming negotiations on a new AI law. “We want to make sure certain types of AI, like facial recognition or predictive policing, cannot be used easily because they affect fundamental human rights,” Petar Vitanov, the Socialist lawmaker who wrote the report, said in a phone interview. The use of automated risk modelling and profiling systems to predict future criminal activity has already been banned in cities like Santa Cruz and New Orleans amid accusations that they reinforce racist policing patterns. “They treat everyone as suspects to some extent,” said Sarah Chander, senior policy advisor at the European Digital Rights network (EDRi). “But (they) will be disproportionately used against racialised people... who are perceived to be potential migrants, terrorists, poor and working-class people, in poor, working-class areas.” The Netherlands police declined to comment on the Top 600 and 400 schemes, referring inquiries to Amsterdam’s city council, which in turn said they were the responsibility of the police. Policing by algorithm Europe’s law enforcement and criminal justice authorities are increasingly using technologies like predictive policing to profile people and assess their likelihood to commit crimes, according to Fair Trials, a partly EU-funded civil rights group. One much-criticised Dutch project, which ran between January 2019 and October 2020, aimed to counter crimes like shoplifting in the southeastern city of Roermond. The Sensing Project used remote sensors in and around the city to detect the make, colour and route of cars carrying people suspected of what police call “mobile banditry”. Merel Koning, senior policy officer at human rights group Amnesty International, said the system mainly targeted people from east European countries and specifically Roma, referring to members of Europe’s largest ethnic minority. But the focus was not in line with internal police crime figures for previous years, Amnesty says. Dutch police spokeswoman Mireille Beentjes said the project’s scope went beyond pickpockets and was not predictive as the data used “always (had) a human check”. “We know these kinds of criminals often come from eastern Europe,” she said in an email. “However, an eastern European license by itself was never enough to draw our special attention. More features were needed for that.” The programme ended because the police did not have enough capacity to follow up project data, according to Dutch police. In Denmark, the POL-INTEL project, based on the Gotham system designed by US data analytics firm Palantir and operational since 2017, uses a mapping system to build a so-called heat map identifying areas with higher crime rates. The data appears to include citizenship information, such as whether a person in the system is “a non-Western Dane”, according to Matt Mahmoudi, an affiliated lecturer and researcher on digital society at the University of Cambridge. “We want an indication of why citizenship data – or non-Western data – matters in being able to produce a heat map,” he said. Magnus Andresen, a senior Danish National Police officer, confirmed that POL-INTEL contains nationality and citizenship data, but would not comment on why. The police do not have any statistics on the system's effectiveness in combatting terrorism or crime, Andresen said. But he added it is being used to support most of the force’s operational decisions, like stop and searches, through the use of a “finder function” which quickly locates data on people, places, objects and events. Courtney Bowman, Palantir’s director of privacy, said decisions on the data gathered by the Gotham system – which has also been used by the European police agency Europol and the Hesse state police in Germany – were “always determinations made by customers”. “The software is designed to enable human-driven analysis for a posteriori investigations (based on prior evidence) and not to provide algorithmic-based predictive policing capabilities,” he said. A call for clarity Pushback against institutions and companies linked to “predictive policing” has gone so far that digital experts say even the US firm which pioneered the tech, formerly called PredPol – short for predictive policing – now distances itself from the term. The company’s system uses algorithms to analyse police records and identify crime-ridden areas to proactively determine when and where officers patrol. “However, what we do isn’t ‘predictive’, what we do is create location-based risk assessments based on historical crime patterns. This is why we changed our name from PredPol to Geolitica earlier this year,” said CEO Brian MacDonald. “Any of these approaches using open, auditable data and algorithms to identify crime hotspots will always be better than relying on officer ‘intuition’,” he added in emailed comments. But police use of AI technology is still “extremely controversial”, said Tom McNeil, assistant police and crime commissioner for the West Midlands Police in Britain, which is working with about eight types of automated modelling system. He called for more oversight in the way the technology is used by authorities, adding that he personally favours a ban on the use of live facial recognition surveillance, as proposed in the European Commission’s AI Act. “We need a (British) law to clarify what should and shouldn’t be allowed, including red lines over when you shouldn’t be allowed to use facial recognition or (predictive) analytics,” McNeil said. In Amsterdam, Damien Sardjoe has been off the Top 600 list for three years now and works in a programme encouraging others to shun crime. “There was a moment in my life where I thought: ‘They already think I’m a criminal, so I might as well do criminal stuff’ – because they don’t expect anything better,” he said wearily. “Right now, I’m helping boys or kids who are going through what I went through because all I needed then was a person who understood that (experience).” – Thomson Reuters Foundation Article type: metered

Thomson Reuters Investments

30 Investments

Thomson Reuters has made 30 investments. Their latest investment was in Occupier as part of their Seed VC on March 3, 2021.

CBI Logo

Thomson Reuters Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/11/2021

Seed VC

Occupier

$5M

Yes

3

6/3/2020

Series A

Intelllex

$2.1M

Yes

2

5/28/2020

Series A

Stringr

$5.75M

Yes

2

2/18/2020

Series A

Subscribe to see more

$99M

Subscribe to see more

10

10/21/2019

Seed

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/11/2021

6/3/2020

5/28/2020

2/18/2020

10/21/2019

Round

Seed VC

Series A

Series A

Series A

Seed

Company

Occupier

Intelllex

Stringr

Subscribe to see more

Subscribe to see more

Amount

$5M

$2.1M

$5.75M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

2

2

10

10

Thomson Reuters Portfolio Exits

33 Portfolio Exits

Thomson Reuters has 33 portfolio exits. Their latest portfolio exit was TradeWeb Markets on April 04, 2019.

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

4/4/2019

IPO

$991

13

4/3/2019

Acquired - II

1

10/1/2018

Divestiture

$991

Canada Pension Plan Investment Board

2

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

$991

Subscribe to see more

10

Date

4/4/2019

4/3/2019

10/1/2018

00/00/0000

00/00/0000

Exit

IPO

Acquired - II

Divestiture

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Valuation

$991

$991

$991

Acquirer

Canada Pension Plan Investment Board

Subscribe to see more

Subscribe to see more

Sources

13

1

2

10

10

Thomson Reuters Acquisitions

58 Acquisitions

Thomson Reuters acquired 58 companies. Their latest acquisition was CaseLines on August 13, 2020.

Date

Investment Stage

Companies

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

Total Funding

Note

Sources

8/13/2020

Acquired

3

3/19/2020

Series A

$46.71M

Acquired

4

11/19/2019

Acquired

1

10/4/2019

Management Buyout

Subscribe to see more

$99M

Subscribe to see more

10

7/18/2019

Growth Equity

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/13/2020

3/19/2020

11/19/2019

10/4/2019

7/18/2019

Investment Stage

Series A

Management Buyout

Growth Equity

Companies

Subscribe to see more

Subscribe to see more

Valuation

Total Funding

$46.71M

$99M

$99M

Note

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

3

4

1

10

10

Thomson Reuters Fund History

1 Fund History

Thomson Reuters has 1 fund, including Thomson Reuters Ventures.

Closing Date

Fund

Fund Type

Status

Amount

Sources

Thomson Reuters Ventures

$100M

1

Closing Date

Fund

Thomson Reuters Ventures

Fund Type

Status

Amount

$100M

Sources

1

Thomson Reuters Partners & Customers

10 Partners and customers

Thomson Reuters has 10 strategic partners and customers. Thomson Reuters recently partnered with ECFX on August 8, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

8/2/2021

Client

ECFX

United States

ECFX and Thomson Reuters Announce Technology Partnership.

ECFX , the leading provider of electronic court filing notice management solutions , and Thomson Reuters , the world 's leading source of intelligent information , have joined forces to provide the legal industry 's first automated solution for downloading State and Federal ECF notice documents and saving them directly into Thomson Reuters or ProLaw .

2

7/21/2021

Licensee

Oracle

United States

Thomson Reuters fleshes out multicloud strategy with Oracle application migration deal

The partnership has already resulted in the multinational media conglomerate migrating one of its Onesource portfolio of tax-related applications to the Oracle , which is an offering geared towards helping enterprises keep track of their indirect tax liabilities .

1

5/21/2021

Partner

MetricStream

United States

MetricStream and Thomson Reuters Partner in Reg Compliance Compliance Management | 1 Min Read |06 May 21|by Michael Johnson. MetricStream and Thomson Reuters Partner to Simplify Regulatory Compliance Challenges.

To facilitate this , MetricStream recently partnered with Thomson Reuters to help financial institutions and other heavily regulated businesses gain agility while simplifying their compliance challenges .

1

5/17/2021

Client

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

4/28/2021

Vendor

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

8/2/2021

7/21/2021

5/21/2021

5/17/2021

4/28/2021

Type

Client

Licensee

Partner

Client

Vendor

Business Partner

ECFX

Oracle

MetricStream

Country

United States

United States

United States

Subscribe to see more

Subscribe to see more

News Snippet

ECFX and Thomson Reuters Announce Technology Partnership.

ECFX , the leading provider of electronic court filing notice management solutions , and Thomson Reuters , the world 's leading source of intelligent information , have joined forces to provide the legal industry 's first automated solution for downloading State and Federal ECF notice documents and saving them directly into Thomson Reuters or ProLaw .

Thomson Reuters fleshes out multicloud strategy with Oracle application migration deal

The partnership has already resulted in the multinational media conglomerate migrating one of its Onesource portfolio of tax-related applications to the Oracle , which is an offering geared towards helping enterprises keep track of their indirect tax liabilities .

MetricStream and Thomson Reuters Partner in Reg Compliance Compliance Management | 1 Min Read |06 May 21|by Michael Johnson. MetricStream and Thomson Reuters Partner to Simplify Regulatory Compliance Challenges.

To facilitate this , MetricStream recently partnered with Thomson Reuters to help financial institutions and other heavily regulated businesses gain agility while simplifying their compliance challenges .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

1

1

10

10

Thomson Reuters Service Providers

2 Service Providers

Thomson Reuters has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Service Provider

Subscribe to see more

Associated Rounds

Acquired

Subscribe to see more

Provider Type

Investment Bank

Subscribe to see more

Service Type

Financial Advisor

Subscribe to see more

Partnership data by VentureSource

Thomson Reuters Team

120 Team Members

Thomson Reuters has 120 team members, including current Chief Compliance Officer, James Paille CPP.

Name

Work History

Title

Status

Chris Pilling

Founder

Current

John Taysom

Founder

Current

James Paille CPP

IRPAC, IBM, and Employee Solutions

Chief Compliance Officer

Current

John Elstad

Senior Vice President

Current

Michael J Tansey

Owner

Current

Name

Chris Pilling

John Taysom

James Paille CPP

John Elstad

Michael J Tansey

Work History

IRPAC, IBM, and Employee Solutions

Title

Founder

Founder

Chief Compliance Officer

Senior Vice President

Owner

Status

Current

Current

Current

Current

Current

CB Insights uses Cookies

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.