REG-Thomson Reuters: Thomson Reuters Announces New $100M CVC Fund

Thomson ReutersAnnouncement

14/10/2021 11:35

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
(https://c212.net/c/link/?t=0&l=en&o=3322173-1&h=2087821926&u=https%3A%2F%2Fprndl2-irisxe2.prnewswire.local%2FUsers%2Fu6026176%2FAppData%2FLocal%2FMicrosoft%2FWindows%2FINetCache%2FContent.Outlook%2FCWT4WDLY%2Fthomsonreuters.com%2Fventures&a=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
(https://c212.net/c/link/?t=0&l=en&o=3322173-1&h=1060637117&u=http%3A%2F%2Fwww.tr.com%2F&a=tr.com) and
for the latest world news, reuters.com
(https://c212.net/c/link/?t=0&l=en&o=3322173-1&h=1580919711&u=http%3A%2F%2Fwww.reuters.com%2F&a=reuters.com).

CONTACT

Andrew Green
Senior Director, Corporate Affairs
+1 332 219 1511
andrew.green@tr.com



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