# Cape

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cape-2

- Industry: Software
- Headquarters: New York, US
- Website: www.capeprivacy.com
- Total disclosed funding: $25M
- Latest round: Series A (Apr 20, 2021)
- Investors on record: 8

## About

Cape, Inc., founded in 2018 and based in New York, specializes in AI-driven solutions for financial institutions, enhancing operational efficiency through automated data extraction and analysis.Cape, Inc. is focused on providing advanced technology solutions in the financial sector. The company was founded by Ben DeCoste and Gavin Uhma, while Ché Wijesinghe serves as the CEO. Cape, Inc. raised USD 20.00 mn in Series A funding on April 20, 2021, led by Evolution Equity Partners, with several other prominent investors participating. The total funding raised by the company amounts to USD 20.00 mn.Cape AI offers advanced AI-driven solutions tailored for financial institutions, focusing on automated data extraction and analysis from unstructured sources like PDFs and financial documents. Their platform aids in tasks such as third-party risk management and enhanced due diligence reporting, serving banks, investment firms, and compliance teams across North America and Europe.Cape AI operates on a subscription-based revenue model, offering tailored pricing plans for its clients. Its platform provides annual licenses that facilitate document processing, risk assessment, and marketing automation, enabling financial institutions to reduce operational costs and improve compliance measures.Following the recent Series A funding of USD 20.00 mn in April 2021, Cape, Inc. intends to expand its operations and enhance its engineering team. The company is set to explore new markets, specifically targeting growth in Europe and Asia, with plans to launch additional product features designed to improve user experience and operational capabilities.

## Funding rounds

- Series A, Apr 20, 2021, $20M — Tiger Global Management, Boldstart Ventures, Version One Ventures, Evolution Equity Partners, Haystack, Radical Ventures, Ridgeline
- Seed, Jun 24, 2020, $5M — Boldstart Ventures, Version One Ventures, Haystack, Radical Ventures, Faktory Ventures

## Investors

- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Seed, Series A
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Seed, Series A
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed, Series A
- Radical Ventures (https://capitalatlas.ai/funds/radical-ventures) — Seed, Series A
- Faktory Ventures (https://capitalatlas.ai/funds/faktory-ventures) — Seed
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Evolution Equity Partners (https://capitalatlas.ai/funds/evolution-equity-partners) — Series A
- Ridgeline (https://capitalatlas.ai/funds/ridgeline) — Series A