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Sensibill raises $31.5 million

Toronto based provider of software used to scan and digitize physical receipts raised $31.5m in Series B funding led by Radical Ventures.

“This is a classic story of an under-the-radar company from Toronto with fantastic data-driven, customer-facing AI solutions being used by a whos-who of global Tier 1 banks,” said Jordan Jacobs, co-founder and managing partner at Radical Ventures, who sold his AI startup Layer 6 to TD Bank early last year. “We are very excited to help support Sensibill’s rapid growth as it transitions from a successful startup into a global powerhouse.”

Tags

receipts, scanning, ai