[Funding alert] Madrid-based AI Writting Platform Correcto Secures $7 mn Seed Funding
Sep 25, 2023 | By Startup Rise EU
![Madrid-based AI Writting Platform Correcto Secures $7 million Seed Funding . This news not only marks an important milestone but also stands out as one of the largest financing rounds for a Spanish startup.](https://startuprise.co.uk/wp-content/uploads/2023/09/Madrid-based-AI-Writting-Platform-Correcto-Secures-7-million-Seed-Funding-1.webp)
Madrid-based AI Writting Platform Correcto Secures $7 million Seed Funding. This news not only marks an important milestone but also stands out as one of the largest financing rounds for a Spanish startup.
The journey so far Since thei founding in 2021, they have been passionately dedicated to improving communication in Spanish. As they have achieved significant goals, they have captured the attention of investors and industry experts, which ultimately led us to this successful investment round.
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Their second round of investment attracted many renowned investors in the technology and business industry, who share their vision and believe in Correcto's potential to revolutionize Spanish spelling.
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Among the participants who have contributed capital are: Octopus Ventures, Carya Venture Partners, River Park Ventures.
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With the new investment received they will take Correcto to the next level, emphasizing product development, international expansion and an increase in the entire team. Their main focus will continue to be improving our current product and adding multiple features that complete this writing tool, and they are excited for what the future holds.
Their main focus is Spain, the United States and Latin America . There are more than 591 million Spanish speakers in the world (according to the Cervantes Institute). Of these Spanish speakers, people who do not know how to write well cannot access higher level or better paying opportunities.
About Correcto
Using artificial intelligence and machine learning, Correcto is a startup that provides its customers with writing tools that enhance written communication in Spanish by offering the user writing suggestions, tone analysis, and many other features.
Correcto is here to empower you, to make every communication you have your best version. Their mission is to help you, they take care of your writing and you focus on the message.
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