0Q89 Thomson Reuters Corp

 
TIDM0Q89 
 
Thomson Reuters Announces New $100 Million "Future of Professionals" Venture 
Capital Fund 
 
TORONTO, Oct. 14, 2021 -- Thomson Reuters today announced the creation of a new 
$100 million 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 leader 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. 
 
"Thomson Reuters Ventures is ultimately about investing in innovation and 
serving customers. Whether it be AI and Machine Learning innovations that allow 
professionals to better predict outcomes, identify and act on trusted 
information, or automate processes for greater efficiency, the overall goal 
remains the same. We are focused on identifying and supporting innovative 
companies that can help our customers deliver more value to their customers," 
said Pat Wilburn, Chief Strategy Officer of Thomson Reuters, and Executive 
Director of Thomson Reuters Ventures. 
 
Thomson Reuters Ventures will invest primarily in earlier-stage companies via 
Series A and B rounds, with a broad lens across Legal, Tax & Accounting, Risk, 
Fraud, and Compliance, News and Media, Corporates and adjacent areas. Our 
market positions, relationships with customers and organizational resources 
make us an ideal partner for entrepreneurs building and scaling companies. 
 
Learn more about Thomson Reuters Ventures here. 
 
Thomson Reuters 
 
Thomson Reuters is a leading provider of business information services. Our 
products include highly specialized information-enabled software and tools for 
legal, tax, accounting and compliance professionals combined with the world's 
most global news service - Reuters. For more information on Thomson Reuters. 
For more information on Thomson Reuters, visit tr.com and for the latest world 
news, reuters.com. 
 
CONTACT 
 
Andrew Green 
Senior Director, Corporate Affairs 
+1 332 219 1511 
andrew.green@tr.com 
 
 
 
END 
 
 

(END) Dow Jones Newswires

October 14, 2021 06:30 ET (10:30 GMT)

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