Skan, the AI-enabled Process Discovery and Operational Intelligence Company, announced the close of a $14 million Series A funding round to strengthen its product platform and scale operations.

Global venture capital firm Cathay Innovation led the new investment. Other investors participating in the round include Citi Ventures and existing investors, Zetta Ventures, Bloomberg Beta, Plug and Play Ventures, and Firebolt Ventures. Simon Wu of Cathay Innovation will join the board of directors.

Skan's Operational Intelligence Platform provides cognitive process discovery and real-time process insights that the world's leading financial services, healthcare, and media organizations need to understand, map, and plan their digital transformation and automation efforts. Combining state of the art Process Data Science and Computer Vision, Skan synthesizes the digital traces of all human and screen interactions to uncover how work and processes such as underwriting, sales, customer onboarding, servicing, claims, invoicing, and fulfillment get done in an organization. Skan's vision is to be the foundation for operational intelligence and the fabric of the future of work. Skan's headquarters are in San Jose, CA.