Captricity raises M to support conversion of paper to digital docs

Captricity, a technology company that seeks to acelerate the pace of digitizing documents across healthcare, government and nonprofits, has closed a $35 million Series C round led by White Mountains Insurance Group. Previous investors that also took part in the round included Accomplice and Social Capital. The company has raised $49 million to date with the support of angel investors. Among its healthcare customers are Humana and InVentivc Health. The U.S. Food and Drug Administration also uses its technology. Captricity worked with the FDA to digitize paper reports submitted to MedWatch, the FDA’s Safety Information and Adverse Event Reporting Program as part of its OpenFDA program. Users capture images of non-digital documents using a camera, smartphone, scanner, or copy machine. Captricity will capture the writing and export it to the tool…


Link to Full Article: Captricity raises M to support conversion of paper to digital docs