# Acodis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acodis

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.acodis.io
- Total disclosed funding: $8.5M
- Latest round: Series A (Jan 23, 2023)
- Investors on record: 5

## About

Based in Switzerland, Acodis AG specializes in Intelligent Document Processing (IDP), delivering advanced solutions that efficiently extract, structure, and manage data from complex documents.Acodis AG, founded in 2016 in Zurich, Switzerland, focuses on automating document processing through its platform. The company was co-founded by Aaron Richiger, Benjamin von Deschwanden, Martin Keller, and Patrick Emmisberger. Martin Keller currently serves as CEO. Acodis has engaged in three deals to date, with the latest being a Series A funding round in January 2023, where they raised CHF 6 million from investors Hi Inov - Dentressangle and VI Partners. The total amount raised by the company stands at CHF 6 million.Acodis specializes in Intelligent Document Processing (IDP), providing solutions that extract, structure, and manage data from complex documents at scale. Their offerings enable the creation of digital twins of documents, transforming intricate tables and figures into reusable components. The technology is designed for industries such as Life Sciences, Financial Services, Public Sector, and Manufacturing, facilitating a no-code interface for users to adapt pre-trained models. Acodis’s tools enhance operational efficiency and ensure compliance with regulatory requirements across various markets, including Europe and North America.Acodis generates revenue through a subscription-based model catering to businesses needing document processing solutions. Clients subscribe to access the platform, with hosting options including public cloud, private cloud, or on-premises. Their services include automated data extraction and structured content authoring using DITA XML, ensuring predictable revenue flow from regulated industries prioritizing compliance and data integrity. Through partnerships and integrations, Acodis maintains a strong focus on customer satisfaction and support, fostering continued engagement with their advanced document processing tools.Following the Series A funding round on January 23, 2023, where Acodis AG raised CHF 6 million, the company plans to accelerate the development of its platform. This funding will support the design and launch of upcoming products, alongside strategic expansions into new geographic regions. Acodis aims to further penetrate markets in North America and Europe, enhancing its reach in sectors that demand high accuracy in document processing.

## Funding rounds

- Series A, Jan 23, 2023, $6.5M — Vi Partners, Hi Inov - Dentressangle
- Seed, Sep 10, 2020, $2M — seedX, BackBone Ventures, Swiss Startup Group

## Investors

- seedX — Seed
- BackBone Ventures (https://capitalatlas.ai/funds/backbone-ventures) — Seed
- Swiss Startup Group (https://capitalatlas.ai/funds/swiss-startup-group) — Seed
- Vi Partners (https://capitalatlas.ai/funds/vi-partners) — Series A
- Hi Inov - Dentressangle (https://capitalatlas.ai/funds/hi-inov-dentressangle) — Series A