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Mindee Comes Out Of Stealth Mode Raising $14M With Its Developer Tool For Document Parsing That Eliminates Manual Data Entry In Software Applications And Automates Document Processing

Oct 06, 2021•almost 4 years ago

Amount Raised

$14 Million

San Francisco

Description

Mindee, the API-first platform designed for developers to eliminate manual data entry, has emerged from stealth mode and announces today that it has raised a $14 million Series A round led by GGV Capital with participation from Alven, and existing investors Serena Capital and Bpifrance through its Digital Venture fund. Notable executives in the application development space who also participated in the round include the co-founder and former CEO of Algolia, Nicolas Dessaigne and the co-founder and CTO of Datadog, Alexis Lê-Quôc. The funding will be used to expand presence in the U.S. and European markets to further develop both the underlying machine learning engine and platform features.

Company Information

Company

Mindee

Location

San Francisco, California, United States

About

Mindee is a pioneer of document parsing API leveraging machine learning to reduce manual data entry in software products. Headquartered in San Francisco, CA, U.S. and Paris, France, the company serves the finance, research, insurance, government, healthcare and logistics industries with state-of-the-art software for the developer community. Backed by venture capitalists including GGV Capital, Alven, Serena Capital, Venture Capital BPI France, as well as executive standouts from the application development industry, Mindee is well positioned to take advantage of the robotics process automation trend. For more information visit us at: https://mindee.com/ and follow us on LinkedIn, Twitter

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech