cloudsquid

Cloudsquid is changing the way we handle data. This Berlin-based platform uses smart tools to turn messy data into neat, organized formats. This makes it easier for businesses to work with tricky documents like PDFs, emails, images, and CSV files. Started in 2023 by Filip Rejmus, Sangwoo Bae, and Mike McCarthy, Cloudsquid wants to cut down on manual work and speed up the process of going digital.

Key Features

Cloudsquid has a special tool that can take in any type of file. It then turns these files into organized data and smoothly adds them to systems like CRMs, ERPs, and databases. This helps teams skip manual data entry, so they can focus on making new user experiences.

Benefits

By making data handling automatic, Cloudsquid saves time and cuts down on mistakes. It makes messy data more useful, helping businesses get the most out of it. This means teams can work on developing core product features instead of dealing with data issues.

Use Cases

Cloudsquid is great for any business that handles lots of messy data. It can be used in different fields to make data processing easier, helping to integrate important information into existing systems.

Cost/Price

Cloudsquid plans to offer a free version by the end of 2024, making the platform available to more people.

Funding

Cloudsquid has received over €900,000 in early funding. The round was led by High-Tech Gründerfonds (HTGF) and Backbone Ventures, with extra support from angel investors Reetu Kainulainen and Udi Miron. This money will help grow the engineering team and expand the main platform. The company aims to launch a full release by the end of 2024.

Reviews/Testimonials

Investors like HTGF and Backbone Ventures see great promise in Cloudsquid. HTGF, a top early-stage investor in Europe, has supported over 750 startups. Backbone Ventures, based in Zurich and Frankfurt, has helped 26 teams across various countries, focusing on early investments.