Ocrolus Revenue and Competitors

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Location

#549

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Ocrolus's estimated annual revenue is currently $94.1M per year.(i)
  • Ocrolus received $4.0M in venture funding in April 2018.
  • Ocrolus's estimated revenue per employee is $165,100
  • Ocrolus's total funding is $127M.
  • Ocrolus's current valuation is $500M. (September 2021 )

Employee Data

  • Ocrolus has 570 Employees.(i)
  • Ocrolus grew their employee count by 47% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$61.1M332-5%$288.9MN/A
#2
$24.3M11912%$54.5MN/A
#3
$1M11N/AN/AN/A
#4
$23.3M0N/A$44.3MN/A
#5
$43.1M225N/AN/AN/A
#6
$1.4M16N/AN/AN/A
#7
$0.9M10N/AN/AN/A
#8
$178.5M960132%$536.6M$8.6B
#9
$0.1M8-33%$157.9MN/A
#10
$71.8M410N/AN/AN/A
#11
$75.4M416N/AN/AN/A
#12
$16.4M11711%$36.7MN/A
#13
$2M20N/AN/AN/A
#14
$11.7M81N/AN/AN/A
#15
$81.1M313-7%$7.1MN/A
#16
$3.5M30N/AN/AN/A
#17
$63.8M29125%$219.6MN/A
#18
$93M513N/AN/AN/A
#19
$7.8M48N/AN/AN/A
#20
$2.6M26N/AN/AN/A

Ocrolus is a FinTech company that automates data verification and analysis for bank statements and other financial documents. The Company analyzes e-statements, scans, and cell phone images of documents from every financial institution with over 99% accuracy. By replacing tedious, imperfect human audits with sharp, AI-driven analyses, Ocrolus modernizes financial review processes in lending and a variety of other industries.

keywords:Financial Services, Artificial Intelligence, Finance, Fraud Detection, Consumer Lending, Fin Tech, Financial Technology

$127M

Total Funding

570

Number of Employees

$94.1M

Revenue (est)

47%

Employee Growth %

$500M

Valuation

N/A

Accelerator

Ocrolus News

2022-04-13 - National Survey Finds Businesses Face Growing Back-Office ...

Operational Employees Want More Money And More Interesting Jobs. NEW YORK, April 14, 2022 /PRNewswire/ -- Ocrolus, the automation solution...

2022-03-22 - Ocrolus Introduces First Fully-Integrated Document ...

Ocrolus is a document automation platform that powers the digital lending ecosystem, automating credit decisions across small business lending,...

2021-10-29 - HousingWire Annual Demo: Ocrolus

Ocrolus Ocrolus is a document automation platform that powers the digital lending ecosystem, automating credit decisions for mortgage originators and underwriters. Ocrolus enables lenders to make high quality decisions with trusted data and unparalleled efficiency. Product Fast Facts #1 Elim ...

2021-09-26 - Financial Documents Analysis Provider Ocrolus Secures $80M via Series C led by Fin VC

Ocrolus, which claims to be the only automation platform that analyzes financial documents with more than 99% accuracy, reveals that it has finalized an $80 million Series C round that was led by Fin VC at a $500 million+ valuation. Ocrolus powers document workflows for innovative financial ser ...

2021-09-24 - Financial document automation platform Ocrolus raises $80M

Ocrolus, a New York-based startup offering document processing automation for fintechs and banks, announced raising a $80 million Series C led by Fin VC, according to a press release. The company says it will use the funding to “aggressively” build new products for mortgage lending and banking ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$94.1M570-19%$112M
#2
$891.5M5701%N/A
#3
$148.2M572141%$665M
#4
$863M5722%N/A
#5
$300M572N/AN/A

Ocrolus Funding

DateAmountRoundLead InvestorsReference
2018-04-09$4.0MAMultipleArticle