SingleFile, a Seattle-based company focused on automating compliance processes for businesses, has raised $9 million in Series A funding, bringing its total investment to $24 million since its 2019 founding. The funding round was led by Foundry Group and includes participation from existing investors and law firms. SingleFile aims to enhance its digital compliance platform, which assists law firms and corporations with regulatory filings. CEO Aaron Finn highlighted the funding as a pivotal moment to address compliance burdens. The company also expanded its executive team to support growth and innovation in its offerings.
This new round of funding marks a significant milestone for SingleFile as we continue to revolutionize the way businesses and their trusted advisers handle ever-increasing and repetitive compliance burdens.
The company will use the funding primarily to expand its technology platform and scale operations, with a particular focus on research and development to bring additional compliance capabilities to its platform.
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