Captricity, a Berkeley, CA–based developer of a web app that turns handwritten documents into digital ones, raised $4.5m in venture funding.
A filing with the S.E.C. (read here) lists Chamath Palihapitiya as an investor in the round, among other 22 backers.
Led by Kuang Chen, founder and CEO, and Brian Busch, Director of Business Development, the company offers a self-serve data entry service for digitizing paper forms. Captricity extracts data off of paper and into digital tables via captricity.com for end users and via its API for developers.
The company’s solution has been used by Catapult Health, a team of economists from New York University’s Center for Technology and Economic Development (CTED), Code for America (Caprticity participated in their accelerator program), The Fair Political Practices Commission of Californiare, PrepSmart, University of California, and independent insurance broker David Luc.
FinSMEs
31/05/2013