Macro, a start-up offering a desktop app that uses AI to edit documents and introduce interactive and hyperlinked text, raised $9.3m in a seed funding round led by Andreessen Horowitz in early 2023. Macro's technology is aimed at younger workers and ambitiously seeks to challenge Microsoft 365 as the go-to office suite.
The company's founder, Jacob Beckerman, spun up the company (then called CoParse) while a graduate student at the UPenn, focusing his thesis on natural language processing (NLP) applications in legal contracts. Macro's ""secret sauce"" makes text interactive: when a user clicks on a key term defined somewhere in the document, a window pops up with the keyword's definition. The sidebar lets users search for terms and jump to sections, and tabs can be used for viewing different parts of the same document. Macro released its flagship desktop app in 2020 and signed up testers from investment banks, law firms, hedge funds, private equity funds, and endowments.
2023 • Seed
Macro is an a AI-powered document editor with interactive text.
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