Applica is a document automation startup that has been making waves in the industry since its founding in 2013. With its slogan, "The most advanced solution for document automation," Applica utilizes cutting-edge deep learning technology to comprehend content like a human does. This innovative approach allows organizations to automate even the most complex and variable documents, freeing up valuable time from repetitive tasks and unlocking new revenue streams. The company is based in the United States and has recently received a significant $5.00M Venture Round investment on 20 March 2022 from Barclays Investment Bank. Applica operates within the Analytics industry, positioning itself as a promising player in the rapidly evolving document automation space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed | €9.00M | 3 | Inovo.vc, International Finance Corporation (IFC) | 08 Apr 2025 |
Venture Round | $5.00M | 1 | Barclays Investment Bank | 20 Mar 2022 |
Series A | €2.00M | 1 | PKO VC | 02 Feb 2022 |
Grant | $5.00M | - | 09 Apr 2021 | |
Venture Round | Unknown | 1 | Plug and Play Insurtech | 31 Mar 2020 |