OCR Services

Rockville, United States Founded: 1995 • Age: 31 yrs Acquired By Descartes
Global trade management and compliance software is provided for enterprises.
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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
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ocrs Services, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $80 K (USD), Grant

    May 14, 2009

  • Investors
    Descartes

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Descartes

    (Mar 28, 2024)

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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.

Primary

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.

People of OCR Services
Headcount 200-500
Employee Profiles 2
Employee Profiles
People
Rakesh Allahabadi
COO & General Counsel

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Teams

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Funding Insights of OCR Services

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $79,998
  • First Round

    (14 May 2009)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2009 Amount Grant - OCR Services Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Institutional
Investor Description Founded Year Domain Location
Leadership is provided on agriculture, food, and rural development matters.
Founded Year Domain Location
Cloud-based solutions for transportation and supply chain management are offered.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by OCR Services

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - OCR Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ocr Services Comparisons

Employees
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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
domain founded_year HQ Location
International trading solutions are delivered via a cloud-based platform.
domain founded_year HQ Location
Cloud-based software for global trade management and compliance is offered.
domain founded_year HQ Location
Provides cloud-based ERP software solutions for freight forwarding and logistics operations.
domain founded_year HQ Location
Automated compliance solutions for international trade and exports are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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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