Cloudsquid
Latest round
- Seed
Last raised
- Aug 2024
Total raised
- $1.1M
Investors
- 2
About Cloudsquid
Cloudsquid GmbH is focused on developing a document automation solution that streamlines data processing for various industries. Founded in 2023, the company is headquartered in Berlin, Germany. It was co-founded by Filip Rejmus, Mike McCarthy, and Sangwoo Bae, with Mike McCarthy serving as the CEO.Cloudsquid offers an advanced document automation platform that transforms messy files into structured data through intelligent extraction tailored to specific business logic. The core functionality revolves around a visual Workflow Builder that enables users to design automated workflows—ranging from simple validations to complex multi-step automations—optimizing the document review process for various sectors such as finance, insurance, compliance, and logistics. The platform accommodates any file type and format, ensuring compatibility with existing systems via integration with over 2,500 webhooks and connectors. Cloudsquid's services target non-technical domain experts as well as operations and engineering teams, facilitating efficient document handling and data extraction, particularly in highly regulated industries that require rigorous document management and compliance.Cloudsquid generates revenue through a tiered pricing model that includes individual and team subscriptions, as well as enterprise-level packages.04 per credit, with a baseline offering of 250 credits per month for document uploads and API access.02 per additional credit. For larger enterprises, a custom subscription is available starting at EUR 800 per month, providing unlimited users and integrations alongside advanced security features. The company aims to introduce new product features and explore further market penetration in North America by mid-2025.
Who invested in Cloudsquid
2 investors across 1 round
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Funding rounds
Seed
Aug 7, 2024
Amount
$1.1M
Investors
Questions about Cloudsquid
Who invested in Cloudsquid?
Cloudsquid has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cloudsquid raised?
Cloudsquid has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cloudsquid last raise money?
Cloudsquid's most recent round on record is a Seed, in Aug 2024.
What does Cloudsquid do?
Cloudsquid GmbH is focused on developing a document automation solution that streamlines data processing for various industries.
Where is Cloudsquid headquartered?
Cloudsquid is headquartered in Berlin, Germany.
Which VCs invest in companies like Cloudsquid?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back it infrastructure companies at Cloudsquid's stage. Their profiles are linked below.
VCs backing it infrastructure startups at Seed
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