Zurich-based startup turicode raises €2 million to grow its document digitalisation software
Summary
After bootstrapping turicode into a company with 20 employees, the Swiss team has attracted new investment. Swiss Startup Group, SeedX, BackBone Ventures, Gentian Investments and experienced business angels participated in the financing round to fund the company’s growth plans. turicode, founded in 2016, is a SaaS provider in the field of document processing solutions, based on machine learning and deep learning. turicode’s software ‘MINT.extract’ helps companies and their employees to digitize document- intensive business processes. “The field of automated document processing is key for any company that truly intends to execute on their digital agenda.
Funding
Amount
$2.4M
Total raised
Date
September 10, 2020
Announcement date
Investors
-
Lead investors
Company
http://www.turicode.com
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
Intelligent Document Processing
AI Data Extraction
SaaS
Linked Companies
Acodis
$1M to $5M