Thomson Reuters Ventures

Thomson Reuters Ventures is the corporate venture capital arm of Thomson Reuters, a global leader in information services. Launched in 2021, this strategic investment vehicle focuses on early-stage companies, typically from Seed to Series B rounds. Its primary objective is to identify and support innovative startups that align with and can enhance Thomson Reuters' core businesses, which span legal, tax & accounting, risk, fraud & compliance, and news. Based in Toronto, Canada, TR Ventures leverages its parent company's extensive industry expertise and market reach to foster growth in its portfolio companies.

The venture arm strategically invests in emerging technologies and business models that are poised to transform professional services. Their investment thesis centers on areas such as artificial intelligence, advanced data analytics, blockchain, workflow automation, and specialized solutions within legal tech, regtech, fintech, and the future of work. Beyond providing capital, Thomson Reuters Ventures aims to be a value-add partner, offering portfolio companies access to Thomson Reuters' vast customer base, proprietary data sets, deep domain expertise, and global distribution channels. This strategic alignment is crucial for accelerating the development and market penetration of their investments.

Thomson Reuters Ventures typically deploys initial checks ranging from $1 million to $8 million, with the flexibility for follow-on investments as portfolio companies mature. Since its inception, the firm has actively built a diverse portfolio, targeting approximately 5 to 8 new investments annually. Notable investments include companies developing AI-powered legal research tools and platforms streamlining compliance processes, demonstrating their commitment to innovation within their strategic verticals. Their investment in Casetext, an AI legal research company, which was later acquired by Thomson Reuters, exemplifies their strategic approach to identifying and integrating promising technologies.