Redactable Raises $5.5M in Seed Funding to Advance AI-Driven Document Redaction Technology
Redactable aims to revolutionize how sensitive information is handled in documents.
Company Name: Redactable
Location: New York City, NY
Sector: AI-driven Document Protection
Funding Details: Raised $5.5M in Seed funding
Funding led by: Gradient Ventures
Participation from: Wocstar Fund, existing pre-seed investors, and angel investors
Total Funding: $5.5M Seed funding, following $1.3M pre-seed
Purpose of Investment:
- Expand market reach and visibility.
- Enhance company operations.
Leadership: Amanda Levay, Founder and CEO
Product: Redactable provides a web-based platform for secure and efficient redaction of sensitive documents. Using Natural Language Processing and Machine Learning (NLP/ML), the platform automatically detects and redacts confidential information, streamlining document scrubbing processes and enhancing data privacy.
About Company: Founded by Amanda Levay, Redactable aims to revolutionize how sensitive information is handled in documents. Their AI-driven platform ensures secure and efficient redaction, catering to the increasing need for data privacy and protection in various sectors.