Redactable raises $5.5 million in seed funding for AI redaction platform to protect sensitive documents

Fintech Global (December 19, 2023)

Wocstar portfolio company, Redactable®, has secured $5.5 million in seed funding! With support from Wocstar Fund and other notable investors, Redactable is revolutionizing document security through its AI-driven platform.

👏 Redactable's innovative solution, led by CEO Amanda Levay, uses Natural Language Processing and Machine Learning to swiftly and permanently redact sensitive information in documents.

📣 "We're not just investing in innovative tech solutions; we're backing bold and exciting entrepreneurs like Redactable's CEO Amanda Levay," said Gayle Jennings O'Byrne, Co-Founder and General Partner at Wocstar Fund. "She and her team are reimagining how companies scale, succeed, and bring new products to market. They represent the future we all need and deserve."

📈 The additional funding will propel Redactable's market reach, visibility, and operations, reaffirming our commitment at Wocstar Fund to champion and invest in women of color entrepreneurs like Amanda Levay.

🔒 In a world of escalating data breaches, Redactable's practical approach to improving document security is not just innovative—it's necessary. Join us in celebrating Redactable's success and in shaping a future where confidentiality and inclusivity go hand in hand!