Jacob Beckerman, a former investment logic engineer at Bridgewater Associates, grew frustrated using standard document apps like Acrobat and Microsoft Office to print out and mark up documents. He wondered why there wasn’t a way to read and write on a PC that felt as fluid as paper, which led him to experiment with PDF processing software.
By 2020, those experiments had grown into a fully-fledged, custom PDF editor that Beckerman helped to build from scratch. Using AI, the editor — called Macro — pulls out key terms, sections and equations to make documents interactive and hyperlinked.
The vision intrigued investors, it seems. Macro — the eponymous startup behind the tool, founded by Beckerman — has raised $9.3 million in a seed round led by Andreessen Horowitz with participation from Craft, BoxGroup and 3kVC. The capital infusion comes as Macro prepares to release a word-processing tool and grow the size of its eight-person workforce...