# Anvil

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anvil

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.useanvil.com
- Total disclosed funding: $10M
- Latest round: Series A (Mar 30, 2023)
- Investors on record: 6

## About

Anvil, LLC, based in the US, specializes in document automation solutions that optimize workflows across various sectors including healthcare, finance, and real estate, enhancing efficiency and compliance for its clients.Founded in 2018 in San Francisco, US, Anvil, LLC focuses on providing document automation services. The company has completed a total of 2 deals, with the most recent deal occurring on March 30, 2023, when it raised USD 5.000 mn in a Series A funding round led by Craft Ventures, with participation from Gradient Ventures. The total amount raised by the company is USD 5.000 mn. The founders of Anvil include Aaron Myers, Ben Ogle, and Mang-Git Ng, who also serves as the CEO.Anvil specializes in document automation solutions that streamline workflows for various industries, including insurance, healthcare, finance, and real estate. Core offerings include Document SDK, Document AI, and PDF services such as PDF filling and generation APIs, along with e-signature capabilities via Etch E-Sign. These solutions enable the efficient creation, management, and signing of documents while ensuring compliance through Public Key Infrastructure (PKI) digital certificates. Anvil serves a diverse client base, featuring companies like Seso and Vouch, and operates across North America and Europe.Anvil generates revenue through a subscription-based model that provides businesses with tiered access to its suite of document automation services. Clients typically engage in annual or monthly subscriptions for features including Document AI, PDF filling, and e-signatures. The company also utilizes a usage-based pricing strategy for e-signature services, allowing clients to pay only for processed documents. Specific pricing details for flagship offerings remain undisclosed, catering to a range of users from small businesses to enterprise-level clients.In March 2023, Anvil Foundry, Inc. raised USD 5.000 mn in Series A funding, part of a larger USD 10.000 mn campaign aimed at advancing software development to facilitate the transition from paper-based to digital workflows. The company plans to leverage this funding to enhance its product offerings and expand its market reach, focusing on growing their presence in both North America and Europe.

## Funding rounds

- Series A, Mar 30, 2023, $5M — Gradient Ventures, Craft Ventures
- Seed, Apr 14, 2020, $5M — Menlo Ventures, Citi Ventures, Script Capital, Gradient Ventures, Restive Ventures

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Seed
- Script Capital (https://capitalatlas.ai/funds/script-capital) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed, Series A
- Restive Ventures (https://capitalatlas.ai/funds/restive-ventures) — Seed
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A