Thomson Reuters announces $100m ‘Future of Professionals’ venture capital fund
Thomson Reuters has announced the creation of a new $100m Corporate Venture Capital (CVC) fund to support and accelerate innovation for the ‘Future of Professionals’.
The fund will operate under the name “Thomson Reuters Ventures” and concentrate on investments and portfolio support for companies building breakthrough innovations that will allow professionals to operate more productively and with greater insights.
As a firm in content-enabled technology across the Legal, Tax & Accounting, Risk, Fraud, Compliance, and News & Media markets, customers rely on Thomson Reuters to deliver trusted solutions to manage and grow their businesses. Thomson Reuters Ventures builds on this commitment by investing in and supporting the broader ecosystem focused on these same challenges.
“I’m delighted to add Thomson Reuters Ventures as another way that we are investing in innovation and serving our markets. Our customers are the most informed professionals in the world, and they need trusted, accurate, and effective solutions now more than ever. We’re excited to partner with founders and entrepreneurs who share these goals, and to continue to drive emerging solutions as the industry leader,” said Steve Hasker, President and CEO of Thomson Reuters.