Information Technology
Anyformat raises €520,000 to revolutionize the automation of unstructured data extraction and analysis
European countries are establishing legal frameworks and increasing investments in technology at a rapid pace. The market is expected to grow from USD 414.44 billion by 2029 from USD 87.84 billion in 2024. This growth environment, combined with the exponential increase in the generation of unstructured data, reinforces the strategic relevance of for companies seeking agility and operational efficiency.
Juan Huguet , CEO of , emphasizes: " "
Anyformat's platform automates the extraction of information from documents, presentations, and even voice recordings, simplifying tasks that previously required extensive manual effort or advanced technical knowledge. As Alejandro Fernández, COO of , explains,
In addition to its focus on usability, is designed for easy scalability, ensuring seamless integration with existing systems. Diego Pérez, CTO of , adds: "
Investors recognize the disruptive potential of . Joan Pina , partner at Abac Nest Ventures, comments: "
With the new funding, is gearing up to expand its team and operations, aiming to solidify its presence in Spain and explore opportunities in international markets. "At , we are committed to transforming unstructured information into a competitive advantage, enabling companies not only to access valuable information but also to use it intelligently for strategic decision-making that drives their growth and success."
, is a Spanish generative artificial intelligence startup based in the Google Startups offices in Madrid and Emprenbit in Mallorca, founded in 2024 by Juan Huguet , Diego Pérez, and Alejandro Fernández. It offers a platform that automates the extraction and structuring of information from unstructured data sources, allowing for analysis without the need for technical expertise. Its technology transforms this data into formats ready for integration into business intelligence tools and spreadsheets, reducing processing time from hours to minutes. Its mission is to unlock the value of unstructured data, helping companies make strategic decisions and optimize their workflows. For more information visit https://www.anyformat.ai .
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