Media and awards

Affinda Group has secured $25 million in funding, valuing the Melbourne-based AI company at $220 million as international demand accelerates.

Affinda Group, a 13-year-old Melbourne artificial intelligence software company, has made its first acquisition, buying out AI consultancy and training firm Pathfindr in a $15 million deal.

Backgrounds in quantum physics and investment banking helped two brothers build a world-leading AI company. Co-founder, CEO and one of the siblings, Tim Toner, explains how.

Australian brothers Tim and Dr Ben Toner have raised $23 million for Affinda over the past two years. Recently named by Deloitte as the fastest-growing AI company in Australia, the Melbourne-based firm has leveraged AI to digitise document-intensive processes, driving 364% global growth since 2022.

Affinda, a global AI products company focused on intelligent document processing, has been recognised as one of the fastest growing technology companies in Australia at the prestigious Deloitte Tech Fast 50 Awards, ranking 26th overall.

Affinda, a global AI products company focused on intelligent document processing, has won the Company to Watch award at the 2024 Australian Growth Company Awards.

Draftable, a global leader in document comparison solutions, has been named Supplier of the Year at the 18th Annual Lawtech Summit Awards 2024 in Australia.

Melbourne artificial intelligence firm Affinda Group has doubled its valuation in 18 months after closing a funding round raised on a pre-money valuation of $120 million.

Right place at the right time is how Ben Toner explains the success of fast-growing Melbourne AI start-up Affinda.

A former Accenture managing director has launched a company that uses artificial intelligence to eliminate much of the costly early legwork by consultants.

The Toner brothers' Affinda business is set to embark on another capital raising in the wake of its recent $15m scrip-based Pathfindr acquisition.