SortSpoke Secures $4.5 Million in Funding

by Kay Aloha Villamor June 21st, 2022

SortSpoke a Toronto CA.- based most advanced and easy-to-deploy AI solution used by enterprises to extract any data from any unstructured document, has announced $4.5 million in funding.

The round was led by IDEA Fund Partners, SixThirty Ventures, and a Fortune 500 insurance carrier.

SortSpoke will use the funds to accelerate sales and marketing in the insurance and lending verticals.

Company: Mocsy Inc.

Raised: $4.5M 

Round

Funding Month: June 2022

Lead Investors: IDEA Fund Partners, SixThirty Ventures

Additional Investors: 

Company Website: https://www.sortspoke.com/

Software Category: AI document processing platform

About the Company: Founded by Jasper Li in 2017 The world's best cloud-based data extraction tool that uses AI/ML to turn your documents into data. SortSpoke puts easy and powerful AI in the hands of business users and gives them control of how they work. SortSpoke helps enterprises turn unstructured documents into structured data, making it easy to automate the complex data entry work done by humans. SortSpoke uses proprietary, rapid machine-learning technology that allows enterprises to train in less than 1 day how to extract any data from any document type, structured or unstructured, in any language.

Source: The world's best cloud-based data extraction tool that uses AI/ML to turn your documents into data. SortSpoke puts easy and powerful AI in the hands of business users and gives them control of how they work.




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