Alkymi, a New York, USA-based document processing and data workflow automation company recently announced that they have partnered with Intel Capital, Canaan, Work-Bench, and SimCorp. Intel Capital in participation with Canaan, Work Bench, Work-Bench, and SimCorp, Intel Capital has invested $21M to support Alkymi’s expansion.
Alkymi is a leader in data workflow automation that creates a Data Action Layer and simplifies unstructured data so that both technical and non-technical users can automate their own data workflows. By supercharging workflows, Alkymi enables enterprises in financial services, healthcare, technology, energy, and transportation to seamlessly automate processes with no-code intelligent data processing for documents, email, and file data.
Harald Collet, CEO and Co-founder of Alkymi commented “We’re proud that industry-leading enterprises have selected Alkymi to transform their business by accelerating data workflows up to 10x faster. Our customers appreciate the impact that Intel Capital brings to Alkymi with its track record of building successful data-driven companies shaping the future. Intel Capital will help us deliver on our vision to change how work in the enterprise gets done.”
This investment was raised to expand Alkymi’s hiring efforts in product development and go-to-market to scale its offerings. This series of funding takes Alkymi’s total finances to $26M.
Following the investment news, Mark Rostick, Vice President and Senior Managing Director at Intel Capital commented “At a time when enterprises are inundated with a massive volume of unstructured data moving through their organization, Alkymi empowers its users with the tools to transform this ‘dark’ data into valuable strategic assets. Alkymi reduces technical, operational, and economic barriers by placing machine learning and automation technology into the hands of business users.”
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