Led · Seed · Mar 2022

Docsumo provides document AI and Intelligent OCR technology to extract, validate and analyze data from unstructured documents such as pay stubs, invoices, bank statements, tax returns and insurance policies. Its platform addresses use cases including customer onboarding, income verification, financial fraud detection, and data for underwriting. The company serves major enterprises across the US, EU and Asia, including Arbor Realty Trust, National Debt Relief, Hitachi and PayU. Over the past 12 months Docsumo reported a sixfold increase in revenue and has grown its team in Mumbai, India and Kathmandu, Nepal. Founded in January 2019, the startup was part of Techstars London in 2020 and previously raised a pre-seed from investors including Barclays and Sequoia. Docsumo plans to use new funding to expand its North American client base, grow the team, and extend its product to additional use cases.

Led · Seed · Mar 2021

upSWOT offers an API-driven platform that connects, collects, and normalizes data from over 120 business software tools SMBs use (QuickBooks, Xero, Salesforce, Amazon, eBay, Shopify, FreshBooks, Sage, etc.). The product surfaces KPI dashboards, real-time insights, and automatic alerts so bank partners obtain actionable data to engage and help accelerate SMB growth. The company serves a diversified client base including US and European banks (Raiffeisen Bank Aval, Société Générale RosBank), fintechs (Tribal Credit), and non-banking FIs like MasterCard. upSWOT has a 45-person team and plans to expand its U.S. footprint, hire onshore staff to support deployments with Tier 1 and Tier 2 financial institutions, and further enhance the product. Founded in 2019, the company participated in the Berkeley SkyDeck accelerator.