Clarilis has appointed former Thomson Reuters president of sales and trading, Mark Redwood, as a non-executive director, we can reveal, as the document automation company looks to scale up its business following its Series B last year.
Redwood holds a series of non-executive director roles and was previously chairman of Swedish legal content provider Karnov Group. During Redwood’s last three years at Karnov, in which he just held the role of non-executive director, Karnov floated on the Nasdaq Stockholm.
Other non-executive roles include Barracuda FX – a provider of FX order management technology – which ended in April 2019 when Barracuda was acquired by Broadway Technology. His non-exec role at spread betting firm Sporting Index ended when owner HgCapital (as it was then, now just Hg) sold to Swedish businessman and Touchbet tycoon Magnus Hedman for a reported £200m.
His current non-executive roles are fintech firm Delio, and art tech company Spektrix.
Clarilis, which was founded by co-founded by CEO James Quinn and his brother, CTO Kevin Quinn, will be looking to Redwood to leverage his experience surrounding SaaS enterprise growth to help it grow following its £6m Series B investment in 2020.
Redwood said:“Clarilis is in a unique position to transform legaltech adoption in both the UK and international markets, with focus on the business outcomes of their solution; a market leading platform, supported by an experienced lawyer-led managed service. With an exceptional net-promoter score and over 25 of the UK top law firms already using Clarilis to improve capacity and meet client demand for speed and agility, I am genuinely excited to join the Clarilis team, as they scale up their reach and distribution to reach a wider audience.”
The last person to be appointed a director before Redwood was Jason Warren, investment director at Mercia, which led the Series B. Tim Levett, who joined as a director when NVM Private Equity invested £3.1m in 2018, stopped being a director last year, although Clarilis is still listed in its investment portfolio as of 31 March this year.
In May, Clarilis and FromCounsel formally launched a fully maintained and automated M&A document suite, including buyer and seller SPAs.
Since launching in 2015, Clarilis has grown to over 60 employees based in the UK and Singapore. Its clients include Addleshaw Goddard, Baker McKenzie, GoCompare, Gowling WLG, Herbert Smith Freehills, National Grid, Slaughter and May, TLT and Travers Smith.