Anvil, a San Francisco, CA-based paperwork automation platform, raised a $5 million Series A extension, amounting to a total of $10 million Series A with participation from Craft Ventures and Gradient Ventures.
This fresh funds will go towards enterprise customers, market growth, and team expansion. This raise comes alongside the launch of the Anvil Platform, a new, full suite of enterprise products.
"The Anvil Platform makes it easier than ever to move beyond paperwork," says Mang-Git Ng, Founder, and CEO of Anvil. "We provide the underlying components that can be assembled using our point-and-click interface or APIs. Now, every business from fast-growing startups to large enterprises can have the tools they need to do more with better technology. Anvil enables them to digitize any paperwork into a TurboTax-like experience and embrace the transition into a data-first economy while maintaining backward compatibility with PDFs."
Anvil Platform enables paperwork automation with modern APIs and powerful no-code tools to collect data, generate PDFs, and gather signatures within any application.
Since its initial release, the Anvil Platform has seen a significant expansion of capabilities. The Conditional logic, lists, hidden fields, and multi-field editing have all been added to Anvil's point-and-click tooling.
Leading-edge insurtechs like Ascend and Vouch have leveraged Anvil's technology to quickly launch dozens of new insurance products in months.
Company: Anvil Foundry, Inc.
Raised: $5.0M
Round: Series A Extension
Funding Month: March 2023
Lead Investors:
Additional Investors: Craft Ventures and Gradient Ventures
Company Website: https://www.useanvil.com/
Software Category: Workflow Automation Software
About the Company: Anvil is a software company that specializes in providing digital document management services. Its technology enables the end user to create, convert, extract, and modify PDF forms into customized, dynamic web experiences. Anvil is on a mission to transform the way businesses handle the paperwork. With the Anvil Platform, companies of any size can automate their processes and shift to a data-centric paradigm. Companies use the Anvil Platform to automate paperwork for HR, insurance, financial services, legal, education, real estate, healthcare, and more.
Source: https://www.prnewswire.com/news-releases/anvil-announced-10m-total-series-a-launches-full-suite-of-apis-to-transition-paperwork-into-datawork-301784914.html