Singapore-based fileAI, the leading platform for automating unstructured data processing has raised US$14 million in a Series A funding round led by returning enterprise solution investors Illuminate Financial, Antler Elevate, Insignia Ventures Partners, and Heinemann Group, among others, bringing the total funding to over US$20 million.
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The invested funds will increase research on product development while strengthening the company’s capabilities for AI file management.
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fileAI will introduce its Q1-targeted platform, which addresses the needs of financial operations and legal departments. The platform operates with proprietary file processing models to implement workflow automation for extended documents, including features such as document comparison alongside discrepancy detection, data validation features, and compliance assurance.
About fileAI
fileAI was founded by co-founders Christian Schneider and Clare Leighton in 2021. fileAI is the leading platform for automating unstructured data processing at scale, leveraging advanced AI to simplify data extraction, organization, and enrichment across all file types and documents.
Trusted by global enterprises like MS&AD, Toshiba, KFC, DirectAsia, and Nippon, fileAI processes over 200 million files annually, delivering transformative productivity gains and cost savings. With support for 200+ languages, fileAI empowers businesses of all sizes to eliminate manual processes, drive productivity gains and cost savings.
