What is FileThis?
FileThis offers a user-friendly portal designed to safely fetch and organize essential documents, including bills, bank statements, medical records, and insurance policies. By eliminating paper waste and the need for physical filing cabinets, FileThis manages household and office paperwork, providing secure, anywhere access to a quick-search digital paper trail. This service is crucial for tax preparation, insurance claims, and general personal record-keeping. Accessible via web browser, mobile device, or tablet, FileThis provides users with the flexibility to store their documents on their personal computer, in the FileThis Cloud, or through integrated cloud storage services like Google Drive, Dropbox, and Evernote, making paperless organization both simple and affordable.
How much funding has FileThis raised?
FileThis has raised a total of $4.9M across 4 funding rounds:
Private Equity
$1.4M
Series A
$1.5M
Private Equity
$1.4M
Debt
$650K
Private Equity (2010): $1.4M, investors not publicly disclosed
Series A (2014): $1.5M led by Pitney Bowes, Geekdom Fund, and Valeo Financial Advisors
Private Equity (2014): $1.4M, investors not publicly disclosed
Debt (2016): $650K, investors not publicly disclosed
Key Investors in FileThis
Pitney Bowes
Pitney Bowes is a global provider of customer information management, location intelligence, and customer engagement solutions, with a significant focus on mail processing and digital commerce technologies. Their investment in FileThis suggests a strategic interest in document management and digital workflow solutions.
Geekdom Fund
Geekdom Fund is a venture capital firm that actively supports entrepreneurs by connecting them with investors and providing resources. Their investment indicates a belief in FileThis's high growth potential and its ability to scale within the technology sector.
Valeo Financial Advisors
Valeo Financial Advisors offers independent financial planning and investment advice, focusing on a holistic view of a client's financial picture. Their participation suggests an alignment with FileThis's mission to provide accessible and organized financial document management.
What's next for FileThis?
The substantial enterprise-level funding, coupled with the recent strategic investment, positions FileThis for accelerated expansion and product development. This capital infusion is likely to fuel enhancements in its document fetching capabilities, cloud storage integrations, and overall user experience. As FileThis continues to scale its operations, it is poised to capture a larger share of the digital document management market, further solidifying its role as a key player in helping individuals and businesses transition to a paperless workflow. The company's focus on security and accessibility suggests a strategic direction towards becoming the go-to solution for comprehensive digital record-keeping.
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