Sortspoke Secures $4.5M To Bring Its Universal Ai Document Processing Platform To Enterprise

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The firm invests in the software, big data, and healthcare sectors where intellectual property is an important asset and source of differentiation from competitors. SortSpoke will use the funds to accelerate sales and marketing in the insurance and lending verticals. SortSpoke was founded by Jasper Li in 2017, in response to a clear gap in the market identified throughout his decade as a consultant with PwC. Working with over 50 North American enterprises to streamline operations, Li noticed virtually every business spends enormous human capital each year on manual data extraction. SortSpoke has a strong enterprise customer base across insurance, lending, and professional services. SortSpoke uses proprietary, rapid machine-learning technology that allows enterprises to train in less than 1 day how to extract any data from any document type, structured or unstructured, in any language. By automating even the most complex manual entry work, SortSpoke is a force multiplier for highly skilled staff, increasing their capacity 4-10x, reducing turnaround time by 75-90%, and making valuable new data accessible. SixThirty is a St Louis-based venture fund that invests in early-stage enterprise technology companies from around the world building FinTech, InsurTech, and Cybersecurity solutions, and connects them with corporate incumbents through its Go-To-Market Program.Interested in learning more?Talk to one of our highly skilled professionals: https://pages.sortspoke.com/book-a-tour-1/SOURCE SortSpoke