Companies Canvas, a Korea-based management SaaS company, closes $2. 5M seed round

Business concern Canvas , a To the Korean document management SaaS commercial} behind Typed, announced yesterday it has raised a $2. 5 million seed return led by Mirae Asset Challenge Investment , with fellow member from Kakao Ventures and Nextrans Inc .

The seed past will be used for accelerating website and global launch because of open beta for its AI-powered document management platform. The company established an office in Santa Clara, California this year to spur its global expansion.

People are bombarded for information thanks to advances in just technology that opens the doors to a wealth of information, except at the same time, too much information and also a huge amount of data at one time add the users confused and/or cannot make timely decisions.

Business Canvas, made in July 2020 on CEO Woojin Kim, Brian Shin, Seungmin Lee, Dongjoon Shin and Clint Yoo, is hoping to solve the task that every knowledge worker and therefore writer faces: spending for a longer period on research and apply organization than the actual stuff output they need to create.

“In fact, men and women commit over 30% belonging to the working hours trying to hunt for that file we in the past saved in a folder that i just cannot find any further, ” Business Canvas CEO and co-founder Kim agreed.

Through a connections that intelligently tracks coupled with organizes files based on the user’s interactions, Typed brings of your knowledge from different world wide web websites and applications into one simple-to-use and quick-to-learn digital work environment.

Strictly processing its users’ information and the confidential files uninterrupted, Entered does not access the content associated with users’ documents but use up them as machine teaching data in order to protect any information and data, Believe told TechCrunch. It simply accumulates users’ action driven any data point and publicly obtainable metadata of documents and even resources under users’ choice, Kim added.

“Modern text writing has not changed since the nineteen-eighties, ” Business Canvas co-founder Clint Yoo said. “While we have more knowledge using our fingertips than ever before, experts use the same rudimentary new ways to organize and make sense that. We want any writer , from lawyers and entrepreneurs to researchers and applicants – to focus on creating decent content instead of wasting opportunity organizing their source apparel. We achieved this through knowledge management more like alter our brain operates. ”

Since the create of the closed beta split test in February 2021, Tapped out saw significant user increase including more than 10, 000 users on the waitlist, considering 25, 000 files downloaded and 350% month-over-month remuante user growth, the company accepted in its statement. Typed as well available through a freemium model as well as being currently accepting beta registrations on its website.

“When we’ve certified our closed beta, the best metrics show top traction among students as well as political press, writers and lawyers, to whom require heavy research in addition to document work on a recurring basis. We opened up gain access to earlier this month for the waitlists in over 50 foreign territories. These are primarily B2C individuals, ” Kim told TechCrunch. “As for B2B, resolution currently in the process of proof-of-concept (POC) for one of the premier conglomerates in South Korea. Smaller teams like new venture, boutique law, consulting agencies, venture capitals and governmental institutions also have been starting Typed as well. ”

“While the company kept on in its nascent stage in its development, Typed has the potential to fundamentally change how we job individually or as a team. If you experience a business to take on our previous way of writing content, it may be them [Typed], ” Shina Chung, Kakao Terme conseillé CEO said.

The global market size when social software and cooperation SaaS is estimated at $4. 5 billion in 2021 , increasing over 17% year on year, Kim said.

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