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Factify

Category: AI Infrastructure

A next-generation document infrastructure startup building a new intelligent standard to replace the static PDF with AI-ready, verifiable records. Factify was founded in 2024. The company is led by Eyal Gura. Based in Tel Aviv, Israel. Team size: 10-50. Total funding raised: $73.0M. Latest round: Seed ($73M, Jan 2026) - Tel Aviv-based AI document infrastructure (post-PDF standard); NOT India-based. Key investors include ["Thrive Capital","Spark Capital","Tiger Global Management","Fusion"].

Founded
2024
Headquarters
Tel Aviv, Israel
Team size
10-50
Total funding
$73.0M

Value proposition

Transforms documents from static, 'dumb' files into intelligent, governed records that allow AI agents to process, verify, and interact with data without the risk of hallucinations or ambiguity.

Products and solutions

["Intelligent Document Standard (The 'Factify' Standard)","Factified Documents (AI-native, machine-readable document format)","Document Governance & Authenticity Layer","AI-Ready Document Infrastructure for Regulated Industries"]

Unique value

Aims to 'kill the PDF' by creating a format that is natively readable by both humans and AI, ensuring that documents act as verifiable 'governed records' rather than just visual representations of data.

Target customer

Enterprises in regulated, document-heavy sectors including banking, insurance, legal services, and human resources.

Industries served

["Banking & Financial Services","Insurance","Legal Services","Human Resources","Enterprise Operations"]

Technology advantage

Combines cryptographic-grade authenticity with structured data protocols to eliminate AI hallucinations in document processing, providing a 'single source of truth' for automated business workflows.

How they differentiate

Unlike legacy formats (PDF) that require AI to 'guess' data through OCR/parsing, Factify creates a machine-readable 'governed record' with cryptographic-grade authenticity, eliminating AI hallucinations at the source.

Main competitors

["Adobe (Acrobat AI)","DocuSign (Intelligent Agreement Management)","Ironclad"]

Key partnerships

["Thrive Capital (Lead Investor)","Spark Capital","Tiger Global Management","Fusion (VC)","Hebrew University of Jerusalem (Academic/Research ties via Co-founder Prof. Matan Gavish)"]

Notable customers

["Confidential Tier-1 Banking Institutions","Global Insurance Providers"]

Major milestones

["Founded in 2024 by serial entrepreneurs Eyal Gura, Eldad Postan-Koren, and Guy Katsovich.","Announced $73M Seed funding in January 2025 led by Thrive Capital.","Development of the 'Factify Standard' to enable AI agents to interact with verifiable document data."]

Growth metrics

Raised one of the largest Seed rounds in Israeli tech history ($73M) to scale R&D and establish a new document standard.

Market positioning

Enterprise infrastructure disruptor aiming to replace the 30-year-old PDF standard with an AI-native document protocol.

Geographic focus

Global, with primary operations in Israel and North America.

Patents and IP

Proprietary document standard and verification protocols (specific patent filings not publicly disclosed as of latest update)

About Eyal Gura

Eyal Gura is a renowned serial entrepreneur and investor with three major exits. He co-founded Zebra Medical Vision (acquired by Nanox for $600M+), PicScout (acquired by Getty Images), and The Gifts Project (acquired by eBay). He is also a Young Global Leader of the World Economic Forum and has served as a Venture Partner at Pitango HealthTech.

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