About Docsumo
Docsumo is a company based in Lewes (United States) founded in 2019. Docsumo has raised $3.72 million across 3 funding rounds from investors including Barclays, Arbor Realty Trust and Fifth Wall. Docsumo offers products and services including Data Extraction, OCR Scanner, Table Extraction, and Document Pre-Processing. Docsumo operates in a competitive market with competitors including FiscalNote, Wolters Kluwer, Kivra, Eqs and Behavox, among others.
- Headquarter Lewes, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$3.72 M (USD)
in 3 rounds
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Latest Funding Round
$3.5 M (USD), Seed
Mar 03, 2022
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Investors
Barclays
& 7 more
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Employee Count
Not available
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Products & Services of Docsumo
Docsumo offers a comprehensive portfolio of products and services, including Data Extraction, OCR Scanner, Table Extraction, and Document Pre-Processing.
Extracts key values and tables from unstructured documents accurately.
Converts scanned images to text for easy data processing.
Identifies and pulls tables from documents for analysis.
Prepares documents for extraction by classifying and splitting.
People of Docsumo
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Funding Insights of Docsumo
Docsumo has successfully raised a total of $3.72M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.5 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Docsumo
Docsumo has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Barclays, Arbor Realty Trust and Fifth Wall.
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Common Ocean is engaged as a hybrid venture capital firm.
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Investments are made in early-stage tech startups by Fifth Wall.
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Early-stage companies are invested in by Better Capital.
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Investor details for Docsumo
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Investments & Acquisitions by Docsumo
Investment portfolio details for Docsumo
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Financial Statements - Docsumo
Detailed financials for Docsumo
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Docsumo Comparisons
Peer comparison for Docsumo
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Competitors of Docsumo
Docsumo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FiscalNote, Wolters Kluwer, Kivra, Eqs and Behavox, among others.
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AI-driven legal, regulatory, and policy data analysis is delivered.
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Enterprise legal processes are managed via an AI-powered platform.
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Invoice digitization tools are provided for business data management.
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Compliance workflows for businesses are streamlined by Eq s platform.
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AI-driven compliance and risk management solutions are provided for enterprises.
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Financial documents are automated and managed for accountants and businesses.
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Detailed competitors of Docsumo
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Latest news on Docsumo
Complete news archive for Docsumo
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Frequently Asked Questions about Docsumo
Docsumo was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Docsumo is headquartered in Lewes, United States. It is registered at Lewes, Delaware, United States.
Docsumo is a funded company, having raised a total of $3.72M across 3 funding rounds to date.
Cloud-based platform for document digitization. It is a data entry document workflow automation platform for accountants to extract data automatically from a document. It captures data from unstructured documents such as invoices bank statements and converts them into structured formats such as CSV, JSON, XML, and Excel. It uses deep learning to extract and validate data from invoices. It provides an AI engine to perform the auto validation checks of GSTVAT number, line item HSN code, subtotal, tax rate, and total. It can be integrated with ERP systems such as SAP and Oracle and accounting software such as Tally and QuickBooks.
Docsumo's top competitors include Behavox, Wolters Kluwer and Kivra.
Docsumo offers Data Extraction, OCR Scanner, Table Extraction, and Document Pre-Processing.
Docsumo has 8 investors. Key investors include Barclays, Arbor Realty Trust, Fifth Wall, Techstars, and Common Ocean.