June 17, 2025:
Extend Secures $17M to Revolutionize Document Processing - Startup Extend, also known as CrowdView Inc., raised $17 million in seed and Series A funding, led by Innovation Endeavors with notable investors like Y Combinator. Extend aims to improve document processing speed and accuracy using advanced AI, challenging traditional OCR methods.
Their large language models achieve over 95% accuracy on complex PDFs and degraded scans. The funding will enhance Extend's engineering and research efforts and support the launch of a self-serve platform for non-technical users to automate workflows efficiently.
