Cloud-based data extraction tool SortSpoke secures $4.5M in funding

SortSpoke wants to bring its universal AI document processing platform to enterprises

SortSpoke, a provider of an AI solution used by enterprises to extract any data from any unstructured documents, announced June 20 that it has received $4.5 million in a funding round.

The funding round was led by venture capital firm IDEA Fund Partners, venture fund SixThirty Ventures, and a Fortune 500 insurance carrier.

Jasper Li, Founder and CEO of SortSpoke, said in the press release: “This funding round is an exciting step in our journey to help business users reduce the amount of mundane data entry they do in their work. Our new venture partners are enabling us to achieve our goal of turning documents into data for more of the workforce, using our segment-leading product.”

Find more information on SortSpoke’s announcement here.

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