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§ Private Profile · New York City, NY, USA
AI-powered document processing platform automating data extraction and validation from unstructured documents with over 95% accuracy.
Extend has raised $128.5M across 8 funding rounds.
Key people at Extend.
Extend was founded in 2023 by Kushal Byatnal (Founder) and Eli Badgio (Founder).
Extend has raised $128.5M in total across 8 funding rounds.
Based in New York, Extend provides a full-stack artificial intelligence document processing cloud that utilizes large language models, optical character recognition, and specialized vision models to extract and classify data from unstructured formats like PDFs. The enterprise software-as-a-service platform enables organizations to rapidly build and deploy automated document workflows, consistently achieving over 95 percent accuracy rates on complex and challenging enterprise datasets. The company serves a diverse corporate client base spanning the financial services, real estate, and healthcare sectors, providing infrastructure for notable enterprise customers such as Brex, Square, and Zillow. Operating with a current headcount of 20 employees, the startup has secured $17 million in combined Seed and Series A financing backed by lead investor Innovation Endeavors alongside Y Combinator. Extend was officially founded in 2023 by co-founders Eli Badgio and Kushal Byatnal.
Key people at Extend.
Extend is a modern document processing cloud platform that leverages cutting-edge large language models (LLMs) to deliver state-of-the-art accuracy and reliability in extracting data from complex documents. Unlike traditional OCR or fragmented tools, Extend offers an end-to-end, unified infrastructure and tooling solution that handles everything from messy handwriting and tables to signatures and degraded scans. Its platform enables technical teams to go from prototype to production-ready document pipelines in days rather than months, serving high-value workflows in industries like finance, healthcare, and logistics. Extend’s customers include leading companies such as Brex, Square, Checkr, and Flatiron Health, who rely on its platform to automate mission-critical document workflows with over 95% accuracy[1][2][3].
Extend was founded by Kushal Byatnal and Eli Badgio, who brought deep technical and operational experience from data infrastructure and early-stage startups. The idea emerged from the challenge of reliably extracting structured data from unstructured documents, a problem that legacy OCR and document APIs failed to solve effectively. Launched with a vision to rebuild document AI from the ground up using LLMs, Extend officially raised $17 million in Series A funding led by Innovation Endeavors, with participation from Y Combinator and other notable investors. Early traction came from high-profile customers who validated Extend’s superior accuracy and reliability, enabling the company to rapidly scale its engineering and go-to-market teams[1][3][4].
Extend rides the wave of AI-driven automation and digital transformation, addressing the persistent challenge of unlocking value from unstructured document data. The timing is critical as enterprises increasingly demand scalable, accurate, and developer-friendly solutions to automate complex workflows involving mission-critical documents. Market forces such as the rise of LLMs, growing volumes of digital documents, and the need for compliance and operational efficiency favor Extend’s approach. By providing a “Stripe for documents,” Extend is influencing the broader ecosystem by setting new standards for document intelligence, enabling companies to innovate faster and reduce manual labor costs[1][4].
Looking ahead, Extend is poised to expand its platform capabilities, deepen integrations with enterprise workflows, and scale its customer base across high-stakes industries. Trends such as continued advances in LLMs, increased regulatory scrutiny on data accuracy, and the push for end-to-end automation will shape its journey. Extend’s influence is likely to grow as it helps redefine how organizations process and leverage document data, potentially becoming the foundational infrastructure for document-centric AI applications. This evolution ties back to its core mission of transforming unstructured data into reliable, actionable insights faster and more accurately than ever before[1][3][4].
Extend has raised $128.5M across 8 funding rounds. Most recently, it raised $20.0M Other Equity in September 2025.
Extend was founded in 2023 by Kushal Byatnal (Founder) and Eli Badgio (Founder).
Extend has raised $128.5M in total across 8 funding rounds.
Extend's investors include Allen Duan, FinTech Collective, Daniel Rosen, March Capital, Point72 Ventures, B Capital Group, Commerce Ventures, Innovation Endeavors, Momenta Ventures, Oak HC/FT, Piva Capital, Reciprocal Ventures.
