Fundz

Staple raises USD 4 million in a pre-Series A funding round led by Wavemaker Partners to expedite global market expansion and refine technology for document processing solutions.

PRIVATEApr 15, 2024

Amount Raised

$4 Million

Round Type

Pre-Series A

SingaporeArtificial IntelligenceMachine LearningNatural Language Processing

Investors

Wavemaker Partners

Description

Staple, a Singapore-headquartered company specializing in artificial intelligence-driven document processing solutions, has raised USD 4 million in a pre-Series A funding round led by Wavemaker Partners. The company aims to utilize the capital to expedite its global market expansion, refine its technology, and broaden its suite of document processing solutions.

Quick answer

Staple raised $4 Million in a Pre-Series A round, dated April 15, 2024. Investors: Wavemaker Partners. Staple is based in Singapore.

How much did Staple raise?
Staple raised $4 Million in a Pre-Series A round on April 15, 2024.
Who invested in Staple?
Wavemaker Partners is named as investors in this round.
What does Staple do?
Relying on humans to extract, enter and manage data is a valuable waste of resources.
Where is Staple based and how big is it?
Staple is based in Singapore.
Who are the decision-makers at Staple?
Fundz holds 1 contact at Staple. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Artificial Intelligence around the same time

Companies in the same sectors as Staple that raised within 45 days of this round, from Fundz verified event records.

  • AbleCredit raised $1.3M (Seed) on May 28, 2024.
  • Inspeq AI raised $1.1M (Seed) on May 28, 2024.
  • BlueFlame AI raised $5M on May 24, 2024.
  • Patronus AI raised $20M on May 23, 2024.
  • Patronus AI raised $17M (Series A) on May 22, 2024.
  • Intently raised $3M (Seed) on May 22, 2024.

Who to call at Staple, and when

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Company Information

Company

Staple

Location

Singapore

About

Relying on humans to extract, enter and manage data is a valuable waste of resources. These activities can be slow, error-prone and expensive, and worse still, no employee enjoys this sort of mundane, repetitive work. Staple has developed an ML tool that reads, interprets and extracts structured data from documents faster, more accurately and more affordably than any human can, at scale. Our data extraction capabilities operate successfully regardless of layout or language. Although business documents like invoices and receipts are common use cases for AP automation, we can an also capture data from semi-structured and unstructured documents including medical claims, bills of lading, trade settlement documentation and many more.

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Staple raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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