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HomeFunding NYC-based Redactable Secures $5.5M in Seed Funding

[Funding alert] NYC-based Redactable Secures $5.5M in Seed Funding

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.

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.

Read also – Canada-based Friendlier Secures $5M in Funding

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.

Read also – FL-based SellersFi Secures Funding of Undisclosed Amount

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.

Read also – PA-based PennSpring Capital Acquired Zirtual

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