23 Sep 2015

Caixa Capital backs doDOC, the first Portuguese Techstars company

Company raised significant seed capital during build up to Demo Day Caixa Capital backs chronic wounds startup

doDOC (Techstars 2015), headquartered in Boston with office in Portugal, raised $200 thousand from Caixa Capital. 

doDOC platform helps pharmaceutical companies bring new drugs to market faster by streamlining regulatory documents, ensuring simplicity, auditability and compliance. 

The deep level of collaboration and compliance required by biopharmaceutical companies to manage risks and succeed in bringing new drugs to market needs to be supported by systems than can handle the demands and constrains of regulations. doDOC is architected to accelerate regulatory compliance. The uniqueness of doDOC resides in its ability to deconstruct documents into their basic elements, which allows the creation, gathering and management of granular information regarding the progress of a document, something that no other platform can do. 

Stephan Morais, Executive Director of Caixa Capital, stated that “We are proud to be able provide the necessary capital to help leading Portuguese start-ups like doDOC make their mark in the global marketplace, particularly in Boston, and side-by-side with major local angels and VC Firms” 

Federico Cismondi, co-founder and CEO of doDOC, stated that “The investment of Caixa Capital during our presence in Techstars Boston will go to establish the company's engineering, regulatory and sales team to increase our customer base. Techstars Boston has been a phenomenal experience and we are very happy that Caixa Capital provides us with the confidence and support we need to be market leaders in Quality, Compliance and Content Management Software for Biopharmaceutical Companies”. 

In the past September 1st, doDOC's co-founder and CEO, Federico Cismondi presented the company at Techstars Boston 2015 Demo Day. Over 1,000 people were present in the event, where after being introduced by Scott Wilkins, Collaboration and Innovation Director of AstraZeneca, Federico took the stage and shared the story of the company, the team passion for helping biopharmaceutical companies to deal with regulatory documents, and doDOC's vision for the future.

Caixa Capital –  

Caixa Capital is the Private Equity and Venture Capital fund management company of Portugal´s largest banking group Caixa Geral de Depósitos, present in over 20 countries and with assets above 120 billion Euros. With a total of close to 750 million Euros under management, the largest and most relevant in the country, Caixa Capital invests in growth equity and venture capital opportunities and funds. The Venture Capital team partners with incubators, accelerators and business angels for seed and startup investments and with major international venture funds for opportunities above 1 million Euros. The team aims to support global expansion of Portugal related teams and companies and has dedicated team members to ICT, digital, health tech, engineering and clean tech investments. 

doDOC –   

doDOC has created a web-based platform that helps pharmaceutical companies bring drugs to market faster by streamlining regulatory documents, ensuring auditability and compliance. 

Techstars – 

Techstars is a global ecosystem that empowers entrepreneurs to bring new technologies to market wherever they choose to build their business. With 18 mentorship-driven accelerator programs worldwide, Techstars exists to support the world’s most promising entrepreneurs throughout their lifelong journey. Techstars provides access to over 5,000 founders, mentors investors, and corporate partners, allowing entrepreneurs to accelerate the pace of innovation and do more faster. Techstars makes entrepreneurship more accessible by providing access to capital, guidance, marketing, business development, customer acquisition, and recruitment.