Israel’s Factify raises $73m to replace PDFs with digital documents
- ByStartupStory | January 31, 2026
Israel’s Factify Raises $73M to Replace PDFs with Digital Documents
Factify, the Israeli legal tech startup automating document intelligence from unstructured PDFs, has raised $73 million to convert static files into interactive, AI-powered digital contracts and compliance engines.
PDF Killer Unlocks Trapped Enterprise Data
Founded by ex-Check Point engineers, Factify ingests invoices, leases, and regulatory filings to extract structured data, generate editable workflows, and embed e-signature rails – slashing manual data entry by 90% for finance teams drowning in 80% unstructured content. Unlike Adobe’s annotation tools, Factify’s multimodal AI understands context across 50+ languages, auto-filling forms and flagging compliance gaps before human review.
Capital Fuels Global Document Automation
Proceeds accelerate US/EU enterprise sales, OCR improvements for handwritten contracts, and agentic workflows auto-negotiating vendor terms. The round targets the $30 billion document management market where PDFs remain the $500B annual productivity black hole.
Factify proves Israel’s document AI cracks enterprise’s final frontier. $73 million unlocks the engine converting 1 trillion PDFs into executable intelligence, turning Tel Aviv vision into the post-PDF standard powering borderless commerce.
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