Where is Factify headquartered?

Factify is headquartered in Tel Aviv, Israel. The company has a team of 10-50 people.

What does Factify do?

Factify operates in the AI Infrastructure sector. A next-generation document infrastructure startup building a new intelligent standard to replace the static PDF with AI-ready, verifiable records. 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.

When was Factify founded?

Factify was founded in 2023. It is based in Tel Aviv, Israel.

How much funding has Factify raised?

Factify has raised $73.0M in total funding. Key investors include Thrive Capital, Spark Capital, Tiger Global Management, Fusion.

Who is the CEO of Factify?

Matan Gavish is the CEO of Factify. The company was founded in 2023.

Where is Factify located?

Factify is headquartered in Tel Aviv, Israel.

What funding stage is Factify at?

Factify is currently at the Seed stage.

How many employees does Factify have?

Factify has approximately 10-50 employees.

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 2023. The company is led by Matan Gavish. 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: 2023
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 late 2023 by Professor Matan Gavish of Hebrew University., Announced $73M Seed funding in January 2026 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 Matan Gavish

Professor at Hebrew University's School of Engineering and Computer Science. PhD from Stanford University where he researched compressed sensing with Professor David Donoho. His research laid the intellectual foundation for Factify's document standard.

Latest news about Factify

Factify has raised 73 million dollars in seed funding to develop a new AI-native document standard designed to replace the legacy PDF. 📄 This infrastructure addresses the systemic challenge of three t

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Official website: https://www.factify.com