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Document Management Information Technology Management Information Systems North America

Bluetail Raises $2.1M in Series A Funding

– Bluetail from Phoenix, AZ develops a digital aircraft records platform for private aviation.
– The company raised $2.1M in Series A funding.
– The round was led by Brookstone Venture Capital (formerly Canal Partners).
– The new investment will be used to develop new products, integrations, grow the team and further enhance its array of digital aircraft records scanning, storing, and searching.

Analytics Asset Management Document Management North America Venture Capital

Aumni Raises $50M in Series B Funding

– Aumni is a Salt Lake City UT-based investment analytics platform.
– Company raised $50m in Series B funding.
– The round was led by J.P. Morgan with participation from Pelion Venture Partners, WndrCo, Citadel Securities, Invesco Private Capital, Vanderbilt University and Kera Capital.
– The new investment will be used to expand the company’s offering to limited partners, law firms and company founders.

Consulting Document Management North America Software Web Development

Montrium Secures $2M in Funding

– Montrium is a Montreal, Canada-based provider of cloud-based software solutions for life sciences.
– The company raised $2m in non-dilutive funding from BDC Capital (Canada), Growth and Transition Capital division.
– The funding will be used to bolster product development and expand the engineering team.

Consulting Document Management Information Technology Software Western Europe

Kendox Receives Loan From Pride Capital Partners

– Kendox from Oberriet, Switzerland received a loan from Pride Capital Partners.
– The amount of the deal was not disclosed.
– The company intends to use the funds to further drive sales of its cloud solution.

Artificial Intelligence Document Management North America Software

Daloopa Raises $20M in Series A Funding

– Daloopa, a New York-based provider of AI-driven data extraction services for financial institutions, raised $20M in Series A funding.
– The round was led by Credit Suisse Asset Management’s NEXT Investors, with participation from Nexus Venture Partners, Uncorrelated Ventures, and Hack VC.
– The company intends to use the funds to accelerate expansion of its offerings among financial institutions.

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CORRECTING and REPLACING Anyline Raises $20 Million in Growth Funding Round to Answer Exponential Demand for Mobile Data Capture Technology

– Anyline has raised $20m in a growth funding round to meet the rapidly growing global demand for mobile scanning technology.
– This round of funding is led by the European growth equity fund Digital+ Partners and supported by Anyline’s existing investors.
– Anyline’s AI-enabled mobile scanning technology is leveraged across a variety of industries around the world, including retail, logistics, manufacturing, law enforcement and automotive.
– The company has strategic partnerships with industry leaders such as Zebra Technologies, and key customers include Discount Tire, PepsiCo, E.ON, Tata, Comerso, Canon, and the World Food Programme.
– Since Anyline’s Series A funding round last year, the company has released its proprietary AI platform, Anyline Trainer.

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Templafy, which helps workers create company-compliant documents, nabs $60M

– Templafy, a platform that helps workers at major enterprises such as KPMG, Ikea, and BDO, create company-compliant “on-brand” documents, has raised $60 million in a fresh round of funding.
– The raise mirrors similar recent investments elsewhere in the corporate brand management space, including Exclaimer’s whopping $133 million round to help companies manage email signatures.
– Templafy helps businesses tightly control their corporate templates, documents, fonts, email signatures, and more, ensuring employees across departments can easily access what they need from wherever they are.
– This is perhaps more important at a time when workers have been forced to embrace remote work, which means they may be more inclined to use an old document template stored on their laptop, for example.

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Poka Raises $25M in Series B Funding

– Poka, a Quebec City Canada-based connected worker platform built specifically for manufacturers, raised $25M in Series B funding.
– The round was led by 40 North Ventures with participation from McRock Capital and existing investors SE Ventures, CDPQ, Robert Bosch Venture Capital, and Leclerc.
– The new investment will be used to accelerate product development and scale its go-to-market teams.

Document Management E-Signature Finance Meeting Software Software Western Europe

LegalTech Software Company ContractZen Raises €1 Million for International Growth

– ContractZen has completed a €1m financing round led by Danish private equity firm Nordic Eye Venture Capital.
– The funds will be used to accelerate growth and international marketing efforts in the selected target markets.
– ContractZen’s comprehensive SaaS service brings together contract management, meeting management, virtual data rooms (VDR) and electronic signatures.
– Current users of ContractZen include JCDecaux, Total and Volocopter. In addition, PwC Finland resells the solution to its customers.
– ContractZen is used by close to 400 organizations in more than 30 countries.

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Immigration startup Boundless raises $25M, eyes opportunity with ‘pro-immigrant administration’

– Seattle startup Boundless landed $25m funding.
– The company’s technology streamlines how immigrants get in touch with lawyers and file applications for spousal visas and U.S. citizenship.
– It has helped more than 70,000 families through the immigration process.
– The company also dealt with recent workforce changes after it laid off four employees and asked 27 workers to relocate to Las Vegas earlier this year as part of what Wang described as a restructuring.
– Boundless now employs 130 full-time employees across offices in Seattle, Las Vegas, Manila, and Cebu City, Philippines.
– It expects to triple headcount over the next two years.

Accounting Artificial Intelligence Document Management Document Preparation FinTech Information Technology North America Real Estate Software

Scrypt AI Closes Seed Funding

– Scrypt AI announced that it has closed its first round of funding.
– The investment round was led by Shai Stern, Co-Chairman and CEO of CheckAlt; joined by fintech leaders such as Cross River Bank, Michael Weinberger (former Partner at York Capital Management); Omri Dahan (former Chief Revenue Officer at Marqeta); and Ryan Gilbert (Partner at Propel Venture Partners), among others.
– Scrypt AI has operationalized an end-to-end AI data capture platform for automatic document digitization and payment processing.

Document Management Information Technology North America Software

Gryps, an RPA platform focusing on construction, raises $1.5M

– Gryps has raised $1.5m.
– The company says it will use the funding to support product R&D and hire new employees, particularly engineers.
– Gryps employs APIs and digital robots to process the documents it collects.
– The platform ingests things like manuals, warranty certificates, contracts, change orders, invoices, lien waivers, and other close-out documents from different sources and then applies machine learning to categorize the files and label them correctly so that they can be shared with various stakeholders.

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Canto Receives Significant Growth Investment from JMI Equity

– Canto, a leading provider of digital asset management (DAM) software, today announced that it has received a strategic growth investment from JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies.
– Canto will utilize the additional funding to expand its customer-facing teams, accelerate and broaden its product development initiatives and drive growth across its target markets.
– Canto provides a cloud-based DAM software platform that customers strategically use to store, organize, and share large volumes of digital brand assets.
– As the complexity and volume of digital brand assets have increased over time, Canto’s solution supplants generic file storage systems, ensuring consistent messaging for businesses across all digital and physical locations, and empowering employees to collaboratively develop and deploy influential and impactful campaigns.

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Evisort Pulls In $35M Series B Round

– Evisort from Silicon Valley today announced $35M in Series B funding following a year of 4x revenue growth.
– Global growth equity investor General Atlantic led the round, with participation from existing investors Amity Ventures, Microsoft’s venture fund M12, and Vertex Ventures.
General Atlantic‘s Operating Partner and former GE CIO Gary Reiner will join Evisort as a board member.
– The company will use the funds to grow its customer success team, expand its platform to include more workflow-specific offerings, and continue to push the boundaries of its pre-trained AI.

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Cirrus Announces Strategic Partnership With Manifesto

– Cirrus announced a capital investment from Manifesto.
Manifesto is a branding agency.
– Cirrus is a provider of cloud-based document management software.
– Cirrus’ cloud-based system plays a key role in supporting a more streamlined, user friendly commercial and SMB lending process.
– Cirrus’ bank and credit union customers can better manage extensive loan requests and provide quicker access to capital for small businesses.
– This is important today as businesses continue to cope with the effects of the pandemic and important in the future as institutions work to grow their business and commercial loan portfolios.

Document Management Management Information Systems North America Productivity Tools SaaS

airSlate Secures $50 Million from Silicon Valley Bank

– airSlate secures $50m in debt financing from Silicon Valley Bank for a total of $130m in capital raised to date.
Silicon Valley Bank‘s technology banking team is excited to support breakout companies like airSlate through their next phase of growth.
– airSlate enables non-technical users to digitally transform their front and back-office business processes, including employee and customer onboarding, sales and ordering workflows, and contracts and payments.
– More than 600,000 customers worldwide and 25 million users have realized significant improvements in the delivery and effectiveness of their departments with airSlate’s solutions.
– airSlate’s no-code business automation platform is creating valuable workflow solutions for small and mid-sized businesses across verticals.

Document Management North America Retail Technology Task Management

Foko Retail Raises $3M in Funding

– Foko Retail is a Gatineu, Quebec, Canada-based leader in the retail communication and task management software space.
– The company raised $3m in funding.
– The round was led by BDC Capital, as well as Canada Economic Development for Quebec Regions (CED), local economic development agency ID Gatineau, and current shareholders.
– The new capital will be used to expand the company’s penetration in international retail markets and further develop its current suite of products by enabling research and development.

Document Management Management Information Systems North America Productivity Tools SaaS

AirSlate raises $50 million more to automate enterprise workflows

– AirSlate has raised $50m in debt financing from Silicon Valley Bank.
– The capital comes after a $40m round in January led by Morgan Stanley and General Catalyst, and it brings the company’s total raised to $130m.
– When McKinsey surveyed 1,500 executives across industries and regions in 2018, 66% said addressing skills gaps related to automation and digitization was a “top 10” priority.
– According to market research firm Fact.MR, small and medium-size enterprises are expected to adopt business workflow automation at scale, creating a market opportunity of more than $1.6bn between 2017 and 2026.
– AirSlate launched its first product — a PDF editor — in 2008.

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