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TextMine’s Post

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2,907 followers

2mo

We’re in the top 1% of startups for 2024! 🎉 WE MADE IT. Out of 2,100 applicants, Focal handpicked 24 of the most sought-after founders to present their startups at Europe’s leading Demo Day, celebrating its 10th edition. Here’s ours… Watch the full event: https://lnkd.in/egEPwn9y

4 Comments

Transcript

Businesses waste valuable time extracting critical data from documents, which is not only time consuming but is also error prone which impacts decision making and operational efficiency. Our solution automates the extraction of critical data from documents, delivering real time, accurate data, which leads to savings and better decision making. We've done this by fine tuning open source large language models on our proprietary data set of over 100,000 records delivering superior. Accuracy and cost effective deployments compared to Open AI or Anthropic. Our two main products are Vault and Scribe. Vault allows businesses to extract data from historical documents and answer questions about them, automating manual document data extraction workflows. And Scribe allows businesses to create documents which are structured from inception by embedding smart forms in their templates. We launched both vaulted Scribe in March this year and we've seen huge traction with enterprises. Our revenue has been growing 50% month over month in the past six months. And we've signed over three large enterprise clients with a large pipeline of over ��1.5 million, which we're looking to service over the next six months. We're currently fundraising $10 million. To double down on product development and our team just to be able to service this pipeline. And we're also looking to expand in the US where we have a lot of traction at the moment.

Steve Churchhouse

Steve Churchhouse

Senior Associate at NormannPartners and Chair of Textmine

2mo

This is very positive validation. Well done team Textmine

Alice Godsland-Brecque

Alice Godsland-Brecque

Graduate Cyber Security Analyst at Aviva

2mo

Congratulations, I’m very proud 💯

Ashley Lockwood

Ashley Lockwood

Co-Founder & COO - Oya Kitchens

2mo

Congrats Charles. Hope to catch up soon.

Charlie Dibsdale

Charlie Dibsdale

Interested in optimising maintenance

2mo

congrats Charles great news

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TextMine

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