5 years ago
Eigen Technologies Partners with ING Ventures, Secures $5 Million Investment
Eigen Technologies, a global provider of natural language processing technology, has secured a $5 million investment from ING Ventures
This investment is part of a broader strategic partnership between the two companies, combining Eigen's NLP technology with ING's expertise in machine learning for financial services
This brings Eigen's total Series B funding to $42 million.
ProblemFinancial Services
"Extracting accurate information from unstructured documents in the financial services industry is a time-consuming and expensive process."
Solution
"Eigen Technologies uses natural language processing (NLP) to automate the extraction of information from documents, saving financial institutions time and money."