About OCR Services
OCR Services is a company based in Rockville (United States) founded in 1995 was acquired by Descartes in March 2024.. OCR Services offers products and services including Global EASE Platform, EASE Enterprise Suite, and Data and Content Management. OCR Services operates in a competitive market with competitors including Trademo, KOR, Integration Point, Softlink Global and Visual Compliance, among others.
- Headquarter Rockville, United States
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Ocrs Services, Inc.
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Products & Services of OCR Services
OCR Services offers a comprehensive portfolio of products and services, including Global EASE Platform, EASE Enterprise Suite, and Data and Content Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Web-based tool for automating global trade compliance processes.
Provides integrated tools for corporate and supply chain departments.
Ensures cohesion between business systems and data for compliance.
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Funding Insights of OCR Services
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $79,998
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First Round
First Round
(14 May 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2009 | Amount | Grant - OCR Services | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in OCR Services
OCR Services has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Descartes and United States Department of Agriculture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Leadership is provided on agriculture, food, and rural development matters.
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Cloud-based solutions for transportation and supply chain management are offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by OCR Services
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OCR Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ocr Services Comparisons
Competitors of OCR Services
OCR Services 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 Trademo, KOR, Integration Point, Softlink Global and Visual Compliance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of technology and data insight services for global trade and logistics
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| domain | founded_year | HQ Location |
International trading solutions are delivered via a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud-based software for global trade management and compliance is offered.
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| domain | founded_year | HQ Location |
Provides cloud-based ERP software solutions for freight forwarding and logistics operations.
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| domain | founded_year | HQ Location |
Automated compliance solutions for international trade and exports are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ocr Services
Frequently Asked Questions about OCR Services
When was OCR Services founded?
OCR Services was founded in 1995 and raised its 1st funding round 14 years after it was founded.
Where is OCR Services located?
OCR Services is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
What does OCR Services do?
OCR Services was founded in 1995 and is headquartered in Rockville, United States. Software solutions for global trade management and compliance are developed for enterprises and trading companies. Key products encompass denied party screening, duty drawback, export documentation, global trade controls, foreign trade zone management, import and export management, license management, visitor management, product classification, and incident and disclosure management. Operations focus on supporting international trade processes across various sectors.
Who are the top competitors of OCR Services?
OCR Services's top competitors include Trademo, Visual Compliance and Integration Point.
What products or services does OCR Services offer?
OCR Services offers Global EASE Platform, EASE Enterprise Suite, and Data and Content Management.
Who are OCR Services's investors?
OCR Services has 2 investors. Key investors include Descartes, and United States Department of Agriculture.
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