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Today: December 18, 2024
February 2, 2024
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Revolutionizing Corporate Editorial Departments: Vienna’s Proofcheck Secures €500k Pre-Seed

TLDR:

  • Vienna-based AI startup, Proofcheck, has raised €500k in a pre-seed funding round led by the 5502 Fund of BackBone Ventures.
  • The funding will be used to accelerate the development of Proofcheck’s AI-powered platform and expand its functionality.
  • Proofcheck’s platform centralizes content workflows and helps creators prepare and perfect high-stakes content such as books and corporate reports.
  • The company currently serves a dozen book publishers and plans to expand its customer base in the publishing market.
  • Proofcheck uses custom-trained open-source models and proprietary algorithms to deliver high-quality results while keeping customer intellectual property secure.

Vienna-based AI startup Proofcheck has secured €500,000 in pre-seed funding to develop its artificial intelligence (AI)-based content quality assurance platform. The investment was led by German-Swiss firm 5502 Fund of BackBone Ventures. It will be used to boost the development of the LLM-powered platform and expand its capabilities to include the whole content creation lifecycle, from editing to design phases. Proofcheck’s software centralises content workflows to help creators prepare and refine key content such as books, white papers and corporate reports. The company currently serves around a dozen book publishers in Europe and North America, including some of the largest commercial publishing firms. Proofcheck uses its own AI document parser to identify elements such as titles, footnotes and body text in designed content, and ensures customer intellectual property is kept safe.

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