Extend AI’s $17M Raise to Unclog the Document Bottleneck

By any measure, the problem Extend AI is tackling is colossal. As much as 80% of enterprise data resides in unstructured formats: PDFs, scanned images, handwritten forms. These documents are the backbone of every industry, from healthcare to finance, but remain opaque to machines. Extracting value from them has long been a costly and slow affair. Extend believes it can change that, and it’s raised $17 million in seed and Series A funding to prove it. Led by Innovation Endeavors, and joined by Y Combinator, Homebrew, and angels like Adobe’s former CSO Scott Belsky and Vercel’s CEO Guillermo Rauch, Extend is positioning itself not just as another document automation tool, but as the full-stack cloud for document processing. “Documents are often the system of record for mission-