After helping thousands of enterprises document how work actually happens, Scribe has raised $75 million at a $1.3 billion post-money valuation to roll out Scribe Optimize, a platform that maps workflows across the enterprise to reveal where automation and AI will actually yield returns — instead of becoming another sunk cost.
The all-equity Series C round was led by StepStone, with participation from existing investors Amplify Partners, Redpoint Ventures, Tiger Global, Morado Ventures, and New York Life Ventures. The new funding comes over a year after Scribe raised its $25 million Series B, capital the five-year-old startup has largely not needed to draw down, co-founder and CEO Jennifer Smith (pictured above, left) said in an excl
Continue Reading on TechCrunch
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.