Structify, which parses high-quality data for any business problem, publicly launched and announced $4.1 million in seed funding led by Bain Capital Ventures, with participation from 8VC, Integral Ventures and strategic angels. With these funds, Structify will grow its technical team to establish itself as the go-to data tool across industries.
The Internet promised to help people access any information, but most data is stored behind hefty subscription fees, in outdated dashboards or by legacy providers. AI-generated information and hallucinations threaten our ability to make sense of the world. Structify developed their own in-house model to make good data accessible so that any business question across any domain can be answered immediately.
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Structify crawls any data source on the web to build a custom dataset that’s tailored to a customer’s needs. By entering a few prompts in Structify’s chat interface, customers use Structify to design data workflows by specifying the data schema, deciding source(s), and creating agents to find and extract that data. With their state-of-the-art model in-house, Structify can ensure quality and accuracy across use cases.
“Everyone is excited for AI-driven workflows, but when all these workflows are based on inaccurate or stale data, they’re totally worthless,” said Alex Reichenbach, co-founder and CEO of Structify. “We built Structify to solve that—great data first, then seamless workflows.”
Structify has already seen adoption across finance, construction and enterprise tech. For example, finance teams can upload pitch decks and extract the company name, industry, founders, investors and funding amount from each deck. Construction teams use Structify to turn messy geotechnical documents into human-readable tables. Sales and ops teams get real-time chain of command data for their accounts to expedite their pipeline.
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Structify gives any business the power of a top-tier data science team. Users can deploy AI agents to gather, shape and analyze data. Structify’s edge is in its design: the more it’s used, the smarter it gets. Every AI agent is backed by a human-in-the-loop system, where experts fine-tune results. That means businesses get fast, automated insights across their niche without sacrificing accuracy—enterprise-grade intelligence that’s as easy to use as sending a prompt.
Structify has both free and paid tiers. At the free tier, users can get 1,000 rows of data per month powered by their in-house model. At pro and enterprise tiers, users can fine-tune and deploy custom Structify models on their own servers, with access to advanced analytics and enterprise-grade security.
“Every company I’ve ever worked with has a handful of data sources that are both extremely important and a huge pain to work with, whether that’s figures buried in PDFs, scattered across hundreds of web pages, hidden behind an enterprise SOAP API, etc.,” said Slater Stich, partner at Bain Capital Ventures. “I love Structify; I wish I could go back in time and give the product to my past self. You can throw almost arbitrary unstructured data at the API, and it’ll turn it into a well-structured table — one that stays updated automatically, and where QA and validation are built in. We’re thrilled to partner with Structify as they make the world’s data not just available, but effortless to work with.”
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Source – Businesswire
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