# eCopy

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

- Industry: Forestry & Timber
- Headquarters: Nashua, US
- Website: www.ecopy.com
- Total disclosed funding: $6M
- Latest round: Series A (Jun 1, 2000)
- Investors on record: 2

## About

eCopy delivers innovative document and workflow automation solutions, focusing on enhancing efficiency through their flagship software, Tungsten eCopy, aimed at organizations with complex document management needs.eCopy, founded in 1992, is based in Nashua, US, and specializes in document automation technologies. It has undergone strategic changes over the years, notably being acquired by Nuance Communications Inc. in October 2009 for USD 54 mn. The company has completed a total of 4 deals since its inception. The founder's background is not extensively documented, and no subsidiaries or parent companies are mentioned.eCopy provides document and workflow automation solutions, primarily through their flagship product, Tungsten eCopy. This platform enables businesses to efficiently capture, process, and manage documents, tackling workflow inefficiencies especially for organizations with distributed teams. The eCopy system integrates with multifunction devices and mobile applications, allowing users to scan, convert, and share documents in various formats. eCopy serves a variety of industries, including healthcare, finance, and the public sector, targeting businesses of all sizes for improved operational efficiency.eCopy's revenue is generated through a subscription-based model for its automation solutions, specifically the Tungsten eCopy software and related services. Clients sign contracts featuring annual licensing fees, granting access to their products and ongoing support. Their business model is primarily B2B, catering to companies seeking tailored automated document capture solutions, with pricing varying based on deployment scale and selected features, ensuring client retention and stable revenue streams.Following its acquisition in 2009, eCopy has focused on enhancing its product offerings and expanding into new markets. The company is currently working on new product developments aimed at improving document automation capabilities. Plans for geographic expansion include targeting additional regions in North America and Asia by 2025. The funding from the USD 54 mn acquisition will be directed towards advancing these initiatives and further enhancing their product line.

## Funding rounds

- Series A, Jun 1, 2000, $6M — Ascent Venture Partners, Landmark Ventures

## Investors

- Ascent Venture Partners (https://capitalatlas.ai/funds/ascent-venture-partners) — Series A
- Landmark Ventures (https://capitalatlas.ai/funds/landmark-ventures) — Series A