# Multipass Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/multipass-solutions

- Industry: Software
- Headquarters: Pecs, Hungary
- Website: www.multipasol.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Sep 14, 2017)
- Investors on record: 1

## About

Multipass Solutions Ltd. is a technology company that specializes in the automated transformation of handwritten and printed text into structured digital business data, catering to various sectors with innovative document processing solutions.Founded in Pecs, Hungary, Multipass Solutions Ltd. focuses on transforming unstructured data into structured formats. The company raised EUR 0.240 mn in Seed funding from Hiventures on September 14, 2017. The CEO is Böko Zsolt. The company has completed a total of 3 deals to date.Multipass Solutions Ltd. provides automated document and forms processing services, including cheque and invoice processing, enabling businesses to convert various document types into structured data. Their solutions facilitate seamless integration with enterprise systems, enhancing operational efficiency for clients across North America, Europe, and parts of Asia.In the most recent year, Multipass Solutions Ltd. reported a revenue of EUR 93,680 in 2016, with an EBITDA of EUR -386,448 for the same period, indicating the financial dynamics of their subscription-based service model.Multipass Solutions Ltd. aims to expand its product offerings and enter new markets following its recent Seed funding of EUR 0.240 mn. They are focusing on developing new automated solutions and targeting expansion in specific regions by 2020, leveraging the recent funding to enhance their technology and market presence.

## Funding rounds

- Seed, Sep 14, 2017, $0.3M — Hiventures
- Seed, Mar 20, 2017, $0.5M — Hiventures

## Investors

- Hiventures (https://capitalatlas.ai/funds/hiventures) — Seed