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Document onboarding startup Flatfile nabs $50M from investors, including Workday

TechCrunch

” Flatfile competes with incumbents like Textract, Amazon’s service that can automatically extract text and data from scanned documents, and Microsoft’s data onboarding tool Form Recognizer. “This investment will be used to expand and support Flatfile’s fastest growing segment: global enterprise companies.

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Every time OpenAI cuts a check for training data, an unlaunched competitive startup dies. Without a ‘safe harbor,’ AI will be ruled by incumbents.

Hunter Walk

Responsibility : Documented Trust and Safety protocols to allow for escalation around violations of your Terms of Service. In the last year we’ve seen billions of dollars invested in AI companies. And some sort of transparency statistics on these issues in aggregate. Incorporate here, pay taxes, create jobs?

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. Customers can customize the tools and apps or build their own using Pando’s APIs.

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The Importance of Due Diligence when Investing in Startups

propel(x)

It is important to consider doing something similar if you are thinking about investing in a startup. Before committing to an investment, it is important to understand what you are buying and what you are getting into. On the angel investing platform, this component is called Broker Review. What is due diligence?

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Putting Data in a Corner: LLMs and Financial Services Data

Andreessen Horowitz

For new entrants looking to take advantage of the advent of LLMs and disrupt the status quo by going upstream of these incumbents, we’ve done a deep dive into Bloomberg, Morningstar, and Verisk’s stories. In doing so, each built the beginnings of what are now category-defining businesses.

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The Uber that Never Was

This is going to be BIG.

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. Does any fund that invested in Uber fear not being able to raise their next fund because their underlying companies might not perform well around these other criteria?

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Textio’s Founder Kieran Snyder on the Two Advantages Startups Have in AI (While Remaining Skeptical Of The Funding Gold Rush)

Hunter Walk

I was publishing quite a bit of original research about bias in workplace documents like performance reviews and job posts, a bunch of it went viral, and I got to know a lot of people who eventually became Textio customers. We way underestimated Textio’s stickiness within HR and how deeply HR execs would invest in Textio.

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