Intelligent text platform Textio has raised series A funding from investors including seed-stage investor Bloomberg Beta.

US-based intelligent text platform developer Textio raised $8m on Wednesday in a series A round backed by Bloomberg Beta, media company Bloomberg’s early-stage investment arm.

Venture capital firm Emergence Capital led the round, which also included contributions from Cowboy Ventures and Upside Partnership. Bloomberg, Cowboy and Upside previously funded a $1.5m seed round for Textio in February this year, according to the company.

Textio has built a platform capable of analysing business documents as they are written in order to…