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Datamolino logo — Automated data capture and invoice processing

Datamolino

Automated data capture and invoice processing

Founded 2013 United Kingdom London, United Kingdom 12 employees Seed Total: $539.25K Enterprise Software, Fintech

General Information

Company Name Datamolino
Founded Year 2013
Location United Kingdom London, United Kingdom +2
Employees 12
Industries Enterprise Software, Fintech
Funding Stage Seed
Social

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About Datamolino

Datamolino, founded in 2013, operates at the intersection of Enterprise Software and Fintech industries. The company is headquartered in the United Kingdom and focuses on alleviating the burdens of manual data entry for accountants and SMEs through its core offering: Automated data capture and invoice processing.

The platform excels in capturing data from various documents such as invoices, bills, and bank statements, allowing seamless exportation to major cloud accounting software like Xero and QuickBooks. By automating tedious invoice coding and categorization tasks, Datamolino enables users to significantly streamline their bookkeeping processes, ultimately enhancing operational efficiency.

Receiving its last investment— a €500.00K Seed Round—from key backers including Wayra and the Innovations and Technologies Fund (FIT) in 2014, Datamolino is poised to leverage its automated solutions and robust API offerings to remain a competitively flexible solution for enterprises seeking efficient accounting practices.

Taxonomy: automated data capture, invoice processing, data extraction technology, invoice coding automation, accounting software integration, cloud accounting solutions, document automation, data validation, API data extraction, e-invoicing, electronic document archiving, bookkeeping automation, SME accounting solutions, bank statement processing

Services & Products

Bills & Receipts data capture
Line item data extraction
Bank statement processing
Automation of bookkeeping workflows
Integration with Xero, QuickBooks, and other accounting software

Target Customers

Accountants Bookkeepers Business operators Accounting firms Small to medium-sized enterprises

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 2
Investor Investor
06 Feb 2014
Seed Round •••••• 1
Investor
01 Sep 2013

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FAQ About Datamolino

Automated data capture and invoice processing
Datamolino was founded in 2013.
Datamolino is headquartered in London, United Kingdom.
Datamolino operates in the following industries: Enterprise Software, Fintech.
Datamolino has approximately 12 employees.
Datamolino has completed 2 funding rounds, raising a total of $539.25K. The latest funding stage is Seed.
Datamolino offers: Bills & Receipts data capture, Line item data extraction, Bank statement processing, Automation of bookkeeping workflows, Integration with Xero, QuickBooks, and other accounting software.
Top alternatives and competitors to Datamolino include Dost, Conversion Technologies International, Inc., User Friendly Consulting, Inc., Acodis, DASH Development Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Datamolino and Dost are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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