Anvil Raises $5M Series A Extension; Round to $10M

Anvil

Anvil, a San Francisco, CA-based paperwork automation platform, raised a $5m Series A extension, amounting to a total $10m round.

Backers included Craft Ventures and Gradient Ventures.

The company intends to use the funds to go towards enterprise customers, market growth, and team expansion. This includes two new hires such as Nick Tran, VP of Marketing, formerly at Postman and Salesforce, who recently joined the team and a Head of Sales role which will be filled in the coming months.

Led by Mang-Git Ng, Founder and CEO, Anvil provides businesses with a platform to handle paperwork. Its APIs and no-code tools make it easy to collect data, generate PDFs, and gather signatures within any application. Companies use the platform to automate paperwork for HR, insurance, financial services, legal, education, real estate, healthcare, and more.

Its point-and-click tooling has now gained new features like conditional logic, lists, hidden fields and multi-field editing. To serve the largest customers, Anvil has added key enterprise capabilities like SSO, custom CSS white labeling, detailed audit trails, multiple API keys, and the ability to embed our Workflow and Template Builders.

Since launching, Anvil’s technology has automated PDF form filling, data sharing, and e-signatures across a variety of industries. Insurtechs like Ascend and Vouch have leveraged Anvil’s technology to quickly launch dozens of new insurance products in months. By integrating Anvil’s Workflows directly into their own application or Salesforce instance, they’ve ensured full internal adoption and a seamless client experience.

FinSMEs

30/03/2023