Anyformat funding news – Madrid-based Anyformat Secures €520k in Pre Seed Funding

According to the Data Cube report “Spain Artificial Intelligence Market Growth and Performance”, the artificial intelligence market in Spain is expected to reach $26.56 billion by 2032, with a compound annual growth rate of 27.4%. This growth environment, combined with the exponential increase in the generation of unstructured data, reinforces the strategic relevance of anyformat for companies seeking operational agility and efficiency.

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Juan Huguet, CEO of anyformat, said: “Our mission is clear: to enable organizations to adopt hybrid intelligence by allowing AI to do the heavy lifting of extracting and structuring data, and getting people to focus on solving strategic and creative problems. With anyformat, companies access valuable information quickly and without complications.”

Diego Pérez, CTO of anyformat said, "In addition to its focus on usability, anyformat is designed to scale easily, ensuring simple integration with existing systems.“Our priority is to optimize workflows without compromising data security or privacy. We know that trust is key, and we ensure that information is handled responsibly and efficiently, allowing organizations to grow sustainably.”

Investors recognize it’s disruptive potential. Joan Pina, partner at Abac Nest Ventures, commented: “At Abac Nest Ventures we have bet on anyformat because we believe in the vision of its founders and in the impact that its technology can have on the industry. Turning unstructured data into actionable knowledge is a growing need, and companies using anyformat are gaining competitiveness by quickly and efficiently integrating AI into their processes.”

With new funding secured, it is gearing up to grow its team and operations, focusing on strengthening its footprint in Spain and venturing into international markets.

Juan Huguet said, “At anyformat, we are committed to transforming unstructured information into a competitive advantage, allowing companies to not only access valuable information, but to use it intelligently to make strategic decisions that drive their growth and success,”.

About anyformat

anyformat is revolutionizing data extraction and analysis, empowering users to effortlessly transform vast amounts of unstructured data into actionable insights. This advancement is pivotal for organizations seeking to enhance operational efficiency and drive informed decision-making.