Latest round

Series C

Last raised

Jun 2021

Total raised

$91M

Investors

15

About Ocrolus

Based in the US, Ocrolus Inc.Ocrolus Inc. was founded in 2014 and is headquartered in New York, US. The company focuses on intelligent document automation, providing solutions that streamline document processing.Ocrolus specializes in intelligent document automation, leveraging AI-driven technologies to streamline document processing for various industries, primarily focusing on financial services. Its core offerings include advanced machine learning algorithms that sort financial documents, extract, and structure critical data through a combination of computer vision and human oversight. These solutions assist lenders in managing risk, detecting fraud, and evaluating financial health efficiently during the loan origination process. Ocrolus serves a diverse client base that includes small business lenders, mortgage providers, auto lenders, forensic accountants, and Medicaid services, facilitating enhanced document analysis capabilities for their operations.The revenue structure of Ocrolus is primarily built around subscription-based models and partnerships with financial institutions. Clients engage with Ocrolus by subscribing to its document processing services, which provide scalable solutions tailored to their operational needs. These services encompass flagship offerings that facilitate the classification, capturing, and analysis of financial documents, enabling lenders to make quicker and more informed decisions.In June 2021, Ocrolus Inc. The company plans to design and launch new products specifically targeting these sectors, enhancing its service offerings.

Who invested in Ocrolus

15 investors across 5 rounds

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Funding rounds

  1. Series C

    Jun 4, 2021

    Amount

    $55M

    Investors

    Locked

  2. Series B

    Nov 12, 2020

    Amount

    $1.5M

    Investors

    Locked

  3. Series B

    Jun 25, 2019

    Amount

    $24M

    Investors

    Locked

  4. Series A

    May 15, 2019

    Amount

    $4M

    Investors

    Locked

  5. Seed

    Feb 6, 2018

    Amount

    $7.5M

    Investors

    Locked

Questions about Ocrolus

Who invested in Ocrolus?

Ocrolus has 15 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ocrolus raised?

Ocrolus has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Ocrolus last raise money?

Ocrolus's most recent round on record is a Series C, in Jun 2021.

What does Ocrolus do?

Ocrolus is a software company.

Where is Ocrolus headquartered?

Ocrolus is headquartered in New York, US.

Which VCs invest in companies like Ocrolus?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ocrolus's stage. Their profiles are linked below.

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