Proofcheck, a Vienna, Australia-based proofreading technology startup has raised €500,000 in pre-seed funding.
SaaS Investors
The round was led by 5502 Fund of BackBone Ventures. Other round participants included the European super angel fund Angel Invest, overseen by partner Mara Larson-Richard; Austrian entrepreneur and business angel Gernot Singer; and American technologist Kyle Kosic.
5502 Fund is an early-stage venture capital fund managed by BackBone Ventures. The fund is located in Zurich, Switzerland, and aims to invest in Germany and Switzerland. The fund targets the information technology sector.
Proofcheck Use of Funds
The company will use the funding to accelerate platform development and expand functionality to cover the entire corporate content creation lifecycle, including editing and design phases.
About Proofcheck
Founded by Tara Wanda Merrigan and Alexandre Paris in 2022, Proofcheck developed an AI-powered software platform that centralizes fragmented content workflows, helping creators prepare and perfect high-stakes content such as books, white papers, and corporate reports. Proofcheck uses custom-trained open-source models and proprietary algorithms to identify various parts of designed content, streamlining editorial processes. Proofcheck already serves about a dozen book publishers in North America and Europe.
Funding Details
Company: Proofcheck GmbH
Raised: €500K
Round: Series A
Funding Month: February 2024
Lead Investors: 5502 Fund
Additional Investors: Angel Invest, Gernot Singer, Kyle Kosic
Company Website: https://www.proofcheck.io/
Software Category: AI Proofreading
Source: https://ain.capital/2024/02/02/austrian-startup-proofcheck-raises-a-500k/