#Spain #Madrid #Document Management #Anyformat #Kibo Ventures

Anyformat's Groundbreaking Seed Funding

Anyformat, a pioneering company in the realm of generative AI, has successfully raised a €3.3 million seed round, primarily spearheaded by Kibo Ventures. This funding aims to transform the way global corporations manage documents. The innovative platform specializes in extracting and structuring intricate data from any document type, promising significant improvements in processing speed and accuracy.

The Technology Behind Anyformat

At its core, Anyformat harnesses generative AI to empower organizations to handle various forms of documentation—ranging from contracts and invoices to emails and presentations—with human-like precision at machine speed. This capability allows companies to maintain full control of their sensitive data while significantly enhancing efficiency.

The team's expertise has already made waves in challenging environments; notable collaborations include projects for the Singapore Government, L'Oréal Group, and IAG Group. By addressing complex requirements, Anyformat has proven its ability to deliver high-demand solutions effectively.

Since its previous fundraising round, which accumulated €520,000 in June 2025, Anyformat has expanded its capabilities, distinguishing itself as the sole provider that integrates real-time information from documents with proprietary company data. This advancement enables automated analyses of unstructured documents—cross-referencing with internal databases such as customer records, policies, and historical information.

Addressing a Critical Gap in Data Utilization

The issue of effective data utilization is significant, particularly highlighted in a report by Dell Technologies stating that 68% of Spanish companies struggle to convert data into valuable insights. Anyformat aims to close this gap by streamlining complex documentation processes, thereby reducing errors and eliminating manual validation steps. This efficiency is crucial for organizations that navigate fragmented systems.

Javier Torremocha, Co-founder and Managing Partner at Kibo Ventures, emphasizes the market shift brought by generative AI. He states, "The document intelligence market is entering a new phase driven by generative AI and agentic systems. Anyformat's unique technology allows companies to automate critical processes while preserving data sovereignty—an essential requirement in Europe."

Projections for Expansion

Looking forward, Anyformat anticipates exceeding €1 million in annual recurring revenue by 2026, driven by strategic expansions across Europe and an increasing demand for automation, compliance tools, and advanced document processing solutions. Juan Huguet, the company’s CEO and co-founder, notes, "Documents are the backbone of any organization. Our aim is to facilitate their analysis with human intelligence and machine speed, ensuring alignment with modern security regulations."

CTO and co-founder Diego Pérez underlines the company’s vision, saying, "We are developing technology that surpasses mere document digitization; it’s about meaningful transformation."

The latest funding enables Anyformat to amplify its product development efforts and bolster its engineering and product teams. This will enhance error-detection models and extraction capabilities while providing dedicated sales support across Spain and the European Union.

As Anyformat ventures into this new chapter, it emphasizes continual investments in privacy-first infrastructure and aims to achieve certifications like ISO 27001, essential for large enterprises and public entities alike.

Conclusion

With this significant seed funding, Anyformat is well-positioned to redefine document management in an ever-evolving digital landscape. The company’s commitment to integrating advanced technology with a focus on privacy and security areas ensures that it remains at the forefront of the generative AI revolution, promising a smarter future for document management.