Factify Raises $73M to Build a New Intelligent Document Standard [Yahoo! Finance]
Moelis & Company Class A (MC)
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Source: Yahoo! Finance
TEL AVIV, Israel Jan. 28, 2026 /PRNewswire/ -- Factify, creators of the post-PDF document standard, today announced a $73M seed round to build a new foundation for documents. The round was led by Valley Capital Partners, with participation from technology and business leaders including John Giannandrea, former Head of AI at Google and SVP of AI at Apple, Ken Moelis, Founder of investment bank Moelis & Co., and Peter Brown, CEO of renowned quantitative hedge fund Renaissance Technologies. More than 30 years after Adobe introduced the PDF, it remains the default format for business records, contracts, agreements, and compliance documents, with an estimated three trillion PDFs in circulation worldwide. Yet the core document technology itself has barely evolved: Today's documents provide no native way to identify the latest authoritative version, who accessed it, or whether the information inside can be trusted. As organizations increasingly rely on AI to review, approve, and act on do
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MC
News
- Factify Raises $73 Million To Create AI Infrastructure For Documents [Forbes]Forbes
- Moelis & Company (NYSE:MC) is now covered by analysts at Bank of America Corporation. They set a "neutral" rating and a $81.00 price target on the stock.MarketBeat
- Ken Moelis on Greenland: ‘A real sigh of relief' after Trump took military action off the table [CNBC]CNBC
- Watch CNBC's full interview with Moelis & Co. founder Ken Moelis [CNBC]CNBC
- Moelis & Company to Announce Fourth Quarter and Full Year 2025 Financial Results and Host a Conference Call on February 4, 2026Business Wire
MC
Earnings
- 10/29/25 - Beat
MC
Sec Filings
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- MC's page on the SEC website