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SingleFile raised $6.5M in an extension of its seed round led by Foundry Group, bringing its total funding to $15.1M to automate corporate compliance filing processes with AI technology.

Mar 19, 2024•over 1 year ago

Amount Raised

$6.5 Million

Round Type

seed

SeattleSaasArtificial IntelligenceSoftwareInformation Technology

Investors

K&L GatesCooleyDla PiperFenwick & WestPerkins CoieWilson SonsiniPioneer Square LabsUnderdog LabsThe Legal Tech FundFoundry Group

Description

SingleFile, a company aiming to automate outdated corporate compliance filing processes, has raised $6.5 million, extending its seed round. This brings its total funding to date to $15.1 million, with participation from both previous and new investors.

Company Information

Company

SingleFile Technologies

Location

113 Cherry Street S #70875

Seattle, Washington, United States

About

SingleFile is a fast-growing, venture-backed legal technology company disrupting the government, risk and compliance (GRC) industry. Using advanced technologies, we codify bureaucracy and automate administrative compliance burdens for businesses.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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