Ephesoft
Latest round
- Series A
Last raised
- Jul 2017
Total raised
- $15M
Investors
- 1
About Ephesoft
Ephesoft, Inc.Founded in 2010 and headquartered in Irvine, US, Ephesoft, Inc. develops intelligent document automation technologies. The company has undergone strategic shifts to enhance its offerings and was acquired by Kofax, Inc. in August 2022, enabling further growth opportunities. The founder, Ike Kavas, has a history of entrepreneurship, contributing to the company's innovative direction.Ephesoft, Inc. offers a comprehensive suite of intelligent document automation products designed to optimize data extraction, classification, and workflow delivery. Their flagship product, Tungsten Transact, employs AI-powered optical character recognition (OCR) and machine learning to automate document processing for various types of documents including invoices and claims.The company operates on a subscription-based revenue model, providing annual and consumption-based pricing structures for its services. Clients engage through contractual agreements to utilize products like Tungsten Transact, which offers various plans tailored to meet different organizational needs, including professional services and training.Ephesoft, Inc. aims to leverage the recent acquisition by Kofax, Inc. for future growth and product innovation. The company plans to introduce new products that will enhance its automation suite. Additionally, Ephesoft is targeting expansion into new markets, focusing on increasing its presence in Europe and Asia-Pacific by 2024.
Who invested in Ephesoft
1 investor across 1 round
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Funding rounds
Series A
Jul 11, 2017
Amount
$15M
Investors
Questions about Ephesoft
Who invested in Ephesoft?
Ephesoft has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ephesoft raised?
Ephesoft has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ephesoft last raise money?
Ephesoft's most recent round on record is a Series A, in Jul 2017.
What does Ephesoft do?
Ephesoft is a software company.
Where is Ephesoft headquartered?
Ephesoft is headquartered in Irvine, US.
Which VCs invest in companies like Ephesoft?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ephesoft's stage. Their profiles are linked below.
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