Staple, a Singapore-based AI-driven document processing company, has secured US$4 million in a pre-Series A funding round led by Wavemaker Partners.
The fresh funding will support Staple’s global market expansion, AI technology refinement, and expansion of its document processing solutions. As part of its expansion strategy, Staple aims to strengthen its presence in key markets to better address businesses’ document management needs.
Founded in 2018, Staple offers a comprehensive platform that leverages AI to bridge the gap between physical documents and digital workflows.
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Staple’s solution is able to process any document type, including structured, semi-structured, and unstructured formats. It also manages data in over 200 languages and is utilised by customers across more than 53 countries.
Designed for enhanced efficiency, accuracy, scalability, and transparency, Staple’s cloud-based platform features a user-friendly design that makes it easy to integrate with existing systems. Its suite of specialised modules, from scanning to workflow automation, caters to a wide array of document processing requirements, offering a reliable and affordable solution for businesses globally.
“We are focused on breaking down language barriers and simplifying complex document processing tasks. With this funding, we’re setting our sights on broadening our impact, particularly in regions rich in linguistic diversity and complexity, such as Southeast Asia. We aim to expand our market presence and continue innovating, making our solutions even more accessible and efficient for businesses,” said Ben Stein, CEO and Co-founder of Staple.
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Image credit: Staple
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