# Folia

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

- Industry: Software
- Headquarters: Bloomington, US
- Website: www.folia.com
- Total disclosed funding: $2M
- Latest round: Seed (Apr 1, 2022)
- Investors on record: 3

## About

Founded in 2021 and based in Indiana, US, Branchfire, Inc., doing business as Folia, operates as a software company that offers digital collaboration solutions. The company was founded by its COO, Erik Coyne, and CEO, Ravi Bhatt. In April 2022, Branchfire, Inc. raised USD 2 million in seed funding led by IU Ventures, Flywheel Fund, and IU Ventures. The seed funding values Branchfire, Inc. at USD 8 million post-money.

Folia offers iAnnotate, a digital annotation platform that allows users to annotate file types like MS Office documents, Google Docs, PDFs, images, and more. The platform is built for Microsoft 365 users and integrates with OneDrive and SharePoint, so users can easily access their documents from any device. The firm offers digital collaboration solutions to clients in the law, finance, government, education, and healthcare sectors. In addition, the company provides a mobile application for both Android and iOS users.

## Funding rounds

- Seed, Apr 1, 2022, $2M — Elevate Ventures, IU Ventures, Flywheel Fund

## Investors

- Elevate Ventures (https://capitalatlas.ai/funds/elevate-ventures) — Seed
- IU Ventures — Seed
- Flywheel Fund (https://capitalatlas.ai/funds/flywheel-fund) — Seed