Francisco-based paper automation platform Anvil recently announced a $5 million Series A expansion, bringing its total raised to $10 million. The round was backed by Craft Ventures and Gradient Ventures.
Anvil aims to simplify corporate paperwork through APIs and no-code tools. The platform’s features, such as data collection, PDF generation and signature collection within any application, have already been used by companies from various industries, including HR, insurance, financial services, legal, education, real estate and healthcare.
Led by founder and CEO Mang-Git Ng, Anvil plans to use the funds to expand its reach to corporate customers, grow its market share and grow its team. The company has already made two new hires, including Nick Tran, formerly head of marketing at Postman and Salesforce.
Anvil’s point-and-click tools have evolved to include new features such as conditional logic, lists, hidden fields, and multi-field editing. To serve larger customers, the platform added key enterprise features such as SSO, custom CSS white-labeling, detailed audit trails, multiple API keys, and the ability to embed workflow and template builder.
Insurance companies such as Ascend and Vouch have used Anvil’s technology to quickly bring many new insurance products to market. By integrating Anvil workflows directly into their applications or Salesforce instances, these companies have ensured full internal adoption and a seamless customer experience. Anvil’s latest funding round is a testament to the growing importance of automation in the business world as companies look for ways to streamline their operations and improve efficiency.
Anvil’s platform offers a promising solution for companies looking to automate their paper processes and reduce manual work. With the recent capital injection, Anvi is well positioned to increase its market share and drive continued innovation in the industry.