# Wisedocs

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

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.wisedocs.ai
- Total disclosed funding: $14M
- Latest round: Series A (Jan 30, 2024)
- Investors on record: 5

## About

Based in Toronto, Ontario, Canada, and founded in 2018 by CEO Connor Atchinson, Wisedocs Inc. is a health tech software company that provides an artificial intelligence-based platform for document processing, primarily in the medical, insurance, and medico-legal sectors. In August 2024, Wisedocs Inc. raised CAD 4.5 million in growth funding from CIBC Innovation Banking.

Wisedocs provides an intelligent document processing platform that helps companies related to the medical sector process medical records and other data in real-time through machine learning models using Intelligent Character Recognition (ICR). The company’s client base includes industries like insurance, medical assessment, and legal.

The company plans to use its proceeds from August 2024 funding to support its expansion and develop its product offerings.

## Funding rounds

- Series A, Jan 30, 2024, $9.4M — Information Venture Partners, ManchesterStory, Thomson Reuters Ventures
- Seed, Mar 17, 2022, $4.1M — GreenSky Ventures, Ripple Ventures

## Investors

- GreenSky Ventures (https://capitalatlas.ai/funds/greensky-ventures) — Seed
- Ripple Ventures (https://capitalatlas.ai/funds/ripple-ventures) — Seed
- Information Venture Partners (https://capitalatlas.ai/funds/information-venture-partners) — Series A
- ManchesterStory (https://capitalatlas.ai/funds/manchesterstory) — Series A
- Thomson Reuters Ventures (https://capitalatlas.ai/funds/thomson-reuters-ventures) — Series A