Datamolino

Datamolino is a UK-based startup that offers automated data capture and invoice processing solutions. Founded in 2013, the company's technology aims to eliminate the manual data entry burden for accountants, bookkeepers, and SMEs. Datamolino's platform automatically captures data, including line items from invoices, bills, receipts, and bank statements, thus streamlining document collection and freeing businesses from repetitive bookkeeping tasks. The company's offerings also include automated invoice coding, categorization, and seamless data export to cloud accounting platforms such as Xero and QuickBooks. The last recorded investment in the company was a €500.00K Seed Round led by Wayra and the Innovations and Technologies Fund (FIT) on 06 February 2014. With a focus on Enterprise Software and Fintech, Datamolino's data extraction technology is also accessible via API, offering a cost-effective and easy-to-implement solution for businesses.