The Neat Company raises $7.3 million

Funding Rounds

▤ Summary

With previous investments made to PlumChoice, provider for online computer support for both home and business markets, and to Formatta, creator of e-form solutions for the capturing of electronic data, Edison Venture Fund has proven its dedication to the IT field through a wide variety of avenues. In raising this new round of funding, the Neat Company is proving its products and services still make very good financial sense. The Philadelphia-based company offers a complete line of premium scanne r and software solutions for both PC and Mac users, each with a unique purpose in mind. NeatReceipts is a mobile scanner device aimed at scanning small documents like receipts and business cards. According to Edison Principal Michael Kopelman, Neat sold almost half a million of its units in just five years (thus the optimistic investment).

$ Funding

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Amount $7.3M Total raised
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Date August 5, 2009 Announcement date
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Investors - Lead investors
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Company http://www.neat.com Funded company

▥ Classifications

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applications
Accounting and Taxes

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▦ Linked Companies

Formatta
$1M to $5M
The Neat Company
$5M to $10M