Oakland-based startup Captricity Inc., has announced a $35 million Series C round of financing led by White Mountains Insurance Group, LTD. to further develop its cloud-native Data-as-a-Service platform. This brings Captricity's total funding to $49 Million.
Captricity works closely with clients in the insurance, government and non-profit sectors. Its proprietary technology “combines deep learning and human intelligence to convert complex handwritten forms into actionable data, providing customers seamless access to customer information without risky business process transformation requirements,” a company spokesperson noted.
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