Shinydocs Raises $16.25M in Funding

CANADA – Shinydocs, a Waterloo, Canada-based digital information management software company, raised $16.25M in funding.

The round was led by First Ascent Ventures and Export Development Canada (EDC).The company intends to use the funds to boost its sales and marketing resources to access a wider customer base. Led by CEO Jason Cassidy, Shinydocs provides software and services to make it easier for companies to find the files, documents, and records that hold business information by taking a search engine approach that crawls through structured and unstructured corporate document repositories to discover data and then automatically recognize, classify, and index the content. Shinydocs serves organizations within the oil and gas/utilities, government, and financial services verticals to make more accurate, data-driven decisions whilst reducing time searching for files and improving the overall customer and employee experiences. 20/03/2022