Funding to accelerate go-to-market and meet rising demand for transforming complex PDFs into structured, validated, production-ready data

NEW YORK — June 17, 2025 — Extend, the leader in redefining document processing with a full-stack AI platform built on large language models (LLMs), today announced $17 million in combined seed and Series A funding. The round was led by Innovation Endeavors, with participation from Y Combinator, Character VC and prominent angel investors including Scott Belsky (former CSO of Adobe), Guillermo Rauch (CEO of Vercel) and Jeff Weinstein (Product at Stripe).

“We’ve seen remarkable momentum over the past year, and this funding allows us to double down on our mission to unlock the full potential of unstructured data,” said Kushal Byatnal, co-founder and CEO of Extend. “Our traction speaks for itself; we’re cash-flow positive and reaching more in annual recurring revenue than total funding before raising our Series A. Now, we’re scaling to meet growing demand from technical teams who need accuracy, speed and flexibility in document automation.”

The new funding will be used to scale Extend’s engineering and go-to-market teams, further invest in R&D and accelerate product development — including today’s launch of its self-serve platform and a new launch video, showcasing the future of document intelligence. 

Extend is setting a new standard for document processing, leveraging LLMs to rebuild document AI from the ground up and transform how teams turn complex PDFs into structured, validated, production-ready data. With advanced tools for extraction, classification and splitting, Extend delivers 95%+ accuracy on everything from clean PDFs to degraded scans with handwriting, tables and signatures.

“Documents are where critical business data lives, but extracting that data reliably is historically challenging,” said Byatnal. “We built Extend to make document processing as easy and accurate as possible, giving technical teams modern infrastructure and non-technical users intuitive tools to improve accuracy in real time.”

Today’s launch includes a self-serve version of Extend’s platform, enabling both technical and non-technical teams to iterate quickly, evaluate results and deploy custom document automation workflows in days, not weeks or months.

“Extend is reimagining document intelligence with a full-stack approach that combines cutting-edge LLMs with real-world usability,” said [Investor Name, Partner at Innovation Endeavors]. “We’re proud to back a company that’s not only delivering best-in-class accuracy but doing it with incredible speed, scalability and product vision.”

Extend’s customers include Square, Brex, Checkr and Flatiron Health — teams that rely on Extend’s platform to process millions of documents with precision and reliability.

About Extend

Extend revolutionizes document processing by rebuilding document AI from the ground up using Large Language Models (LLMs). Its platform handles complex documents —tables, signatures, handwriting, images — with exceptional accuracy for structured PDFs and degraded scans. Extend offers robust document classification, extraction and splitting tools, built-in evaluation features and custom fine-tuning pipelines that improve over time. Extend is trusted by leading tech and healthcare companies to transform documents into high-quality, production-ready data.

Learn more at www.extend.ai

Media Contact

Nick Yacenko
PRforExtend@bospar.com

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