Captricity Files for IPO Following $35 Million Series C Funding Round

Captricity, a startup based in Auckland, is a technology service company that extracts large volumes of data from professional handwritten documents for its users. Captricity leverages its tools to convert these documents into machine-readable datasets, which developers can access via an API to retrieve the contained information.



Captricity recently completed a $35 million Series C financing round led by Baishan Insurance Group. The remaining investment primarily came from private capital. This latest round brings Captricity’s total funding to $49 million.

Captricity’s cloud-based data processing platform comprehensively captures patient- and healthcare provider-related data from diverse sources, including handwritten charts, initial consultation forms, billing statements, laboratory reports, faxes, emails, text documents, images, and web forms, achieving an accuracy rate of over 99%.

This accuracy is also unprecedented: over 99% accuracy, more than 50 times faster than before, and 100% compliant with the Health Insurance Portability and Accountability Act (HIPAA) and government requirements. Healthcare practitioners, administrators, and service providers can leverage Captricity to address issues related to orders, authorization processing, and patient satisfaction surveys.

Compiled by: Lü Siyang