
About TextMine
Data last updated:
TextMine is a company based in London (United Kingdom) founded in 2020 by Charles Brecque and Amber Akhtar. TextMine has raised $5.4 million across 3 funding rounds from investors including Parkwalk, Oxford Capital and Perivoli Innovations. TextMine operates in a competitive market with competitors including Box, M-Files, PandaDoc, Conga and Elastic, among others.
- Headquarter London, United Kingdom
- Founders Charles Brecque, Amber Akhtar
- Stage Minicorn
- SectorsTechnology
- EmailLocked
- PhoneLocked
- Website textmine.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$5.4 M (USD)
in 3 rounds
- Latest Funding Round$3.6 M (USD), Seed
Feb 23, 2023
- InvestorsParkwalk
& 2 more
People of TextMine
10 people are tracked at TextMine (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Charles Brecque | Founder & CEO | Leadership |
Amber Akhtar | Co-Founder | Leadership |
| Chief Legal Officer | Leadership | |
| Full Stack Developer | Team | |
| UX & UI Designer | Team | |
Charlie Westley | Account Executive | Team |
| Business Development | Team | |
| QA Engineer | Team | |
| Business Development Representative | Team | |
Javier Toro Núñez | Full Stack Developer | Team |
Complete people profiles for TextMine
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Funding Insights of TextMine
TextMine has successfully raised a total of $5.4M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.6 million completed in February 2023. 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 $5.4M
- Total Rounds 3
- Last Round Seed — $3.6M
- First Round $196,946
(01 Jan 2020)
- Investors Count 3
All 3 funding rounds of TextMine with amounts, post-money valuations and investors.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 23 Feb 2023 | $3.6M | Seed | $10.1M | Parkwalk | |
| 17 Feb 2021 | $1.6M | Seed | $4.4M | – | |
| 01 Jan 2020 | $196,946 | Seed | – | – | – |
| Date | Stage | Valuation |
|---|---|---|
| 23 Feb 2023 | Minicorn | $10.1M |
| 17 Feb 2021 | Minicorn | $4.4M |
Last known valuation $10.1M (Feb 2023). Current stage: Minicorn. 3 investors in total: 3 institutional.
Investors in TextMine
TextMine has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Parkwalk, Oxford Capital and Perivoli Innovations.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech companies are invested in by Parkwalk venture capital firm. | – | parkwalkadvisors.com | London, United Kingdom | |
Early-stage venture capital is invested in UK technology sectors. | – | oxcp.com | Oxford, United Kingdom | |
Venture investment trust funding tech startups with positive social impact. | 2016 | perivoliinnovations.com | United Kingdom |
Investor details for TextMine
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of TextMine
4 dated milestones of TextMine across 3 years, from founding to its latest funding, stage changes and deals.
- TextMine is founded.
- First funding round of $197K.
- Reaches Minicorn status.
- Latest funding round, Seed, of $3.6M.
Competitors of TextMine
TextMine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, M-Files, PandaDoc, Conga and Elastic, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| box.com | 2005 | Redwood, United States | $692.6M | – | AI-based platform for secure collaboration and content management is utilized. | |
| m-files.com | 1989 | Plano, United States | $125.5M | 118 | Documents are managed and automated for enterprise knowledge work. | |
| pandadoc.com | 2011 | San Francisco, United States | $69.8M | 181 | Document workflows are automated and managed for sales teams. | |
| conga.com | 2006 | Broomfield, United States | $140.1M | 266 | Contract lifecycle management is facilitated via a cloud-based platform. | |
| elastic.co | 2012 | Mountain View, United States | $104.0M | 3,187 | Cloud based text analytics platform | |
| coveo.com | 2005 | Quebec, Canada | $358.3M | 776 | Enterprise text analytics are delivered through a cloud-based platform. | |
| instabase.com | 2015 | San Francisco, United States | $321.9M | 136 | Business processes are automated via customizable apps and AI tools. | |
| privy.id | 2016 | Jakarta, Indonesia | $72.0M | – | E-signature software is offered through a cloud-based platform. | |
| hellosign.com | 2011 | San Francisco, United States | $16.1M | 107 | Electronic signatures and documents are managed through a cloud platform. |
Detailed competitors of TextMine
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Latest news on Textmine
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Frequently Asked Questions about TextMine
TextMine was founded in 2020.
TextMine is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Charles Brecque is the current CEO of TextMine. They have also founded this company.
TextMine is a funded company, having raised a total of $5.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $196.95K, raised on Jan 01, 2020.
End to end AI powered knowledge base for business documents. It manages, organizes, categorizes, and analyzes multiple enterprise documents such as invoices, payslips, tender documents, compliance reports, and more. The platform offers end to end solutions for data extraction and mining, due diligence management, and real time document tracking. The features include language identification, syntax arding, enterprise search engine, file storage, and more. It is a tool available on the subscription based pricing model.
TextMine has 3 investors. Key investors include Parkwalk, Oxford Capital, and Perivoli Innovations.
The valuation of TextMine is $10.12M as of Feb 2023.
TextMine operates through Legislate Technologies Limited.
TextMine is classified as a minicorn.
