About Cradl AI
Cradl AI is a Technology company based in Norway founded in 2021 by Stig Zerener Haugnaess. Cloud and AI-based data extraction platforms are offered for enterprises. It operates on a SaaS (Software-as-a-Service) and API-as-a-Product model. Cradl AI has raised $22 million across 1 funding round from investors including OMERS Ventures. Cradl AI offers products and services including Document Automation AI and Custom AI Agents. Its focus areas include Artificial Intelligence and Document Processing. Its legal entity is Lucidtech AS.
Company details
Cradl AI is engaged in providing AI-driven solutions for document processing and workflow automation. The company operates in the technology sector, specializing in artificial intelligence for data extraction from complex documents like PDFs and emails. Solutions are offered across industries such as shipping, logistics, financial services, and accounting. Customizable AI agents, no-code interfaces, and integrations with platforms like Zapier and Power Automate are provided to streamline processes. Human-in-the-loop validation and anti-hallucination detection are incorporated to ensure accuracy and reliability in automation.
- Total Equity Funding$22M (USD)
in 1 rounds
- Latest Funding Round$22M (USD), Series B
Sep 2021
- Investors
Products & Services of Cradl AI
Cradl AI offers a comprehensive portfolio of products and services, including Document Automation AI and Custom AI Agents.
AI agents are built for document workflow automation.
Customizable AI models are offered for data extraction.
Apps and channels of Cradl AI
its YouTube channel Cradl AI has 49 subscribers and 7 videos.
Videos from Cradl AI
The most watched videos on Cradl AI's YouTube channel, Cradl AI (49 subscribers). Click a video to play it here.
More on Cradl AI.
Funding Insights of Cradl AI
Cradl AI has successfully raised a total of $22M through 1 strategic funding round. The most recent funding activity was a Series B round of $22 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $22M
- Total Rounds 1
- Last Round Series B — $22M
- First Round $22M
(Sep 2021)
- Investors Count 1
All 1 funding rounds of Cradl AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $22M | Series B | – | – |
1 investors in total: 1 institutional.
Investors in Cradl AI
Cradl AI has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include OMERS Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology-driven companies are targeted for venture capital investments. | omersventures.com | Toronto, Canada |
Investor details for Cradl AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cradl AI
1 people are tracked at Cradl AI (1 in leadership).
| Name | Role | Group |
|---|---|---|
Stig Zerener Haugnaess | Co-Founder | Leadership |
Complete people profiles for Cradl AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Cradl AI
2 dated milestones of Cradl AI, from founding to its latest funding, stage changes and deals.
- Founded Cradl AI is founded.
- Funding First funding round of $22.0M.
Web traffic of Cradl AI
The website of Cradl AI (cradl.ai) receives about 9.7K visits a month.
- Monthly visits9.7K
▲ 27% vs previous month
Websites whose visitors overlap most with Cradl AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cradle.bio | 100% | 40.6K | #780,512 | View details | |
mxmoritz.com | mxmoritz.com | 98% | #2,490,205 | – |
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Frequently Asked Questions about Cradl AI
Cradl AI was founded in 2021.
Cradl AI is headquartered in Norway.
Cradl AI is a funded company, having raised a total of $22M across 1 funding round to date. The company's 1st funding round was a Series B of $22M, raised on Sep 2021.
Cradl AI is engaged in providing AI-driven solutions for document processing and workflow automation. The company operates in the technology sector, specializing in artificial intelligence for data extraction from complex documents like PDFs and emails. Solutions are offered across industries such as shipping, logistics, financial services, and accounting. Customizable AI agents, no-code interfaces, and integrations with platforms like Zapier and Power Automate are provided to streamline processes. Human-in-the-loop validation and anti-hallucination detection are incorporated to ensure accuracy and reliability in automation.
Cradl AI offers Document Automation AI and Custom AI Agents.
Cradl AI has 1 investor. Key investors include OMERS Ventures.
Cradl AI operates through Lucidtech As.