Flatfile, a Denver, CO-based provider of tool to import, clean, and organize customer data, closed $2m pre-seed funding round.
The round was led by Afore Capital with additional financing from Founder Collective, Designer Fund, Liquid2, and Gradient Ventures, Google’s AI-focused venture fund.
The company intends to use the funds to scale its data importer to thousands of products and millions of end users, as well as to develop dynamic data healing solutions. The raise also supports the development of additional data sources, file types, and implementation structures.
Led by David Boskovic and Eric Crane, Flatfile provides an importer which, embedded in web applications, combines machine learning and human feedback to manage the complex flow of turning spreadsheets into product data.
Installed using a JavaScript snippet, usually in less than a week, it learns over time how data should be identified and cleaned.
The tool allows data to be uploaded using a CSV, XLS, or even manual pasting from the user’s clipboard.
The investment follows the Q1 2019 soft launch of the company’s data importer and subsequent engagements with customers of every size, across multiple industries. Already, the solution has processed over 100 million rows of data imports for companies, such as Blackbaud, ClickUp, EmployUS, Clientbook, Inkit, HealthSpace, Jobber, and many others.
FinSMEs
11/09/2019