Extend, a New York-based AI-native document processing platform, has secured $17 million in seed and Series A funding.
Investors
The round was led by Innovation Endeavors, with additional participation from Y Combinator, Homebrew, Character, and notable angel investors, including Scott Belsky and Guillermo Rauch.
Innovation Endeavors is an early-stage venture capital firm with offices in Silicon Valley, Tel Aviv, and New York. Founded in 2010, the firm backs transformative tech startups focused on solving complex global challenges.
Extend Use of Funds
The company will use the funds to scale its engineering and go-to-market teams, invest in R&D, and accelerate the development of its platform.
About Extend
Founded by Kushal Byatnal and Eli Badgio, Extend provides an AI-native document processing platform powered by large language models (LLMs). It enables technical teams to convert raw documents into structured data with precision, reducing R&D time and enhancing workflow automation. Extend offers a unified parsing engine, evaluation tools, and orchestration capabilities to deliver high-accuracy, production-ready document processing. Tailored for industries requiring accuracY such as healthcare, finance, and logistics, Extend serves major customers like Brex, Square, and Flatiron Health.
Funding Details
Company: Extend
Raised: $17.0M
Round: Seed and Series A
Funding Date: June 2025
Lead Investor: Innovation Endeavors
Additional Investors: Y Combinator, Homebrew, Character, Scott Belsky, Guillermo Rauch
Company Website: https://www.extend.ai/
Software Category: Document Processing / AI Infrastructure
Source:https://www.businesswire.com/news/home/20250617790342/en