Madrid’s Anyformat closes €3.3 million round to scale its agentic OCR and data-sovereignty-focused document tools
Madrid-based Anyformat, a Spanish GenAI platform, has secured €3.3 million in a Seed round. The funding aims to bolster the company's engineering and product teams, accelerating its development of advanced data extraction capabilities and proprietary error detection models. This investment highlights the growing interest in AI-driven document processing solutions across Europe. The Seed round was led by Kibo Ventures, with participation from 4Founders, Abac Nest Ventures, and Decelera Ventures. Anyformat, founded in 2024, is building a generative AI-based document infrastructure. The platform allows companies to analyze complex documents with precision, speed, and enhanced data security, addressing the critical need for efficient data utilization. The impact of Anyformat's technology extends to European organizations grappling with complex documentation and fragmented systems. By enabling real-time cross-referencing of extracted data with internal databases, the platform aims to eliminate manual validation, reduce errors, and accelerate crucial business processes. This focus on data sovereignty is particularly relevant within the context of European digital policy. The company's goal is to surpass €1 million in Annual Recurring Revenue (ARR) by 2026. This is supported by its expansion within Europe and the growing number of applications in automation, compliance, and advanced document analysis. This positions Anyformat as a key player in the evolving European landscape of AI-powered document automation.
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