SAN FRANCISCO, Nov. 7, 2016 /PRNewswire/ -- Fillr, creator of the world's most accurate, fastest and secure autofill technology, today announces a $5 million Series A fundraising round from a consortium of international investors including SoftBank China Capital, Southern Cross Venture Partners and Reinventure. SoftBank China, the single largest investor in e-commerce giant Alibaba, joins forces with current investors, Constant Innovation, the early stage venture fund launched by the founders of carsales.com, including Chairman Wal Pisciotta and CEO Greg Roebuck. This Series A fundraising will enable Fillr to rapidly expand its growing global presence in North American, European and Asian markets. Additionally, the fundraising round will support continued product and partnership-driven expansion and further advancements in tech/AI. Chris Koch, Co-founder and CEO of Fillr today said, "From our initial launch just a little more than a year ago to today, it's been amazing to see both the customer and investor response to our vision of increasing conversion rates for virtually any kind of transaction on mobile. Having already facilitated over 1.4 million of these transactions, Fillr has experienced phenomenal growth in a short period of time, which validates the unique value and position of our best-of-class technology." Said Co-founder and Chief Product Officer Chad Stephens, "A significant portion of this investment will fund further product enhancement, including expanding Fillr's cloud-based artificial intelligence, while also allowing us to bring Fillr to new platforms, including desktop PCs. All of these initiatives work towards realizing our mission: helping the world to spend less time typing so that they can spend more time doing the things they love." Said SoftBank China Managing Director John Guo, "Fillr solves one of the most glaring problems of mobile e-commerce: The fact that conversion rates on mobile are terrible. This financing round will enable Fillr to continue its already-solid, aggressive global expansion, making e-commerce more convenient for the entire mobile web. I am excited to be joining the board of Fillr and look forward to assisting their continued growth by leveraging the relationships we have that span the entire mobile ecosystem." "Fillr's technology provides a vital link in mobile transaction conversions ," said Co-founder and MD of Reinventure Danny Gilligan, "More than 120,000 merchants all over the world have already benefitted from the increased conversion Fillr enables. We're excited to support this step-change in expansion that is already well underway." Located in Melbourne, Australia and San Francisco, USA, Fillr has created cloud-based artificial intelligence that uses advanced machine-learning to power a data exchange platform that can be used for any payment, checkout or data transaction on the internet. For its users, Fillr is simply the world's most intelligent autofill - fast accurate and secure. Currently, more than 60% of worldwide traffic to e-commerce sites begins on a mobile device. And yet whilst mobile is responsible for the lion's share of traffic, it performs terribly when it comes to conversions, responsible for a mere 15.6% of completed transactions. Why? Filling out multi-field checkout forms on a handheld device is difficult, time-consuming and frustrating. Existing solutions offered by major technology companies are woefully inaccurate, averaging just 53% accuracy across the world's most-visited e-commerce sites. By comparison, Fillr is 95% accurate on the same sites and climbing. "We have solved the problem of mobile conversions unlike any other companies, using a much forgotten 'doorway' that already exists to facilitate the exchange of data. That 'doorway', which historically has been poorly executed by others, is autofill," said CEO and Co-founder Chris Koch. "Our proprietary cloud-based AI means our engine can apply more processing power to the problem of machine-reading and mapping the web's 100 million plus web forms. Our solution is future proof with ever-growing intelligence and not at all dependent on rarely-followed HTML accessibility and WHATWG Autocomplete standards."