Mint.com founder Aaron Patzer has invested in Topicmarks. Topicmarks is a startup company that uses semantic text technology to extract important information from any document. Topicmarks is looking to raise $700,000 in seed funding and Patzer led the round.
“These guys have tech developed over the last three years, a team of strong engineers, deals in place with Evernote and ShareVault already,” stated Patzer in an interview with AngelList. “Also, I’ve done a dive into the algorithms behind the system, which are impressive and being patented.” Patzer sold Mint.com to Intuit for $170 million last year.
Patzer also has investments in Milo.com and HealthTap. TopicMarks scans documents and creates a CliffNotes-like version of it with a summary and key points. Check out a video demo below:
6th Founder Showcase: Winner – Topicmarks from Founder Institute on Vimeo.
[Mashable]