NYC-based Redactable Secures $5.5M in Seed Funding. Gradient Ventures led the round, and Wocstar Fund, current pre-seed investors, and angel investors also participated.
The funds will be utilised by the company to broaden its operations, visibility, and market reach. Redactable is a web-based platform that allows users to redact confidential documents from any browser. It is led by CEO and founder Amanda Levay.
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The proprietary programme offers secure redaction, document scrubbing, and AI-driven workflows by automatically recognising sensitive content in documents via the use of Natural Language Processing and Machine Learning (NLP/ML) technology.
More than a year has passed since the company’s $1.3 million pre-seed funding round, which was made possible by investors such as Everywhere Ventures, Hustle Fund, Revelry, and Stony Lonesome Group. These investors also helped launch the platform in July 2022.
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About Redactable
The web-based tool from Redactable assists businesses in permanently redacting their private documents. Consider us a redaction equivalent of a “DocuSign.” Confidential material in your document is automatically detected by our AI redaction workflow, which swiftly redacts it.
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