‘Social Good’ Startup Captricity Raises M to Expand Automation Platform

While most enterprises we cover are focused on scaling their infrastructure and with it their growth, a small but growing number of “social good” enterprises are looking for ways to leverage information technology to solve less sexy but equally important problems. Some are even attracting investors. A case in point is Captricity Inc., a startup that has come up with a cloud-based “data-as-a-service” platform that uses deep learning techniques to decipher hand-written forms that still tend to dominate in the healthcare and insurance sectors. Captricity, Oakland, Calif., said Tuesday (Jan. 19) it has raised an additional $35 million in venture capital in a Series C funding round led by White Mountains Insurance Group (NYSE: WTM). The latest funding round brings Captricity’s total venture funding to $49 million. Among the startup’s…

Link to Full Article: ‘Social Good’ Startup Captricity Raises M to Expand Automation Platform

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about homeAI.info and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!