32 Best Optical Character Recognition Ocr Startups to Watch in 2025

The Definitive Seedtable Ranking of Optical Character Recognition Ocr Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 32 start-ups with an aggregate funding of $5.0b. The average funding per company in this subset is $155.6m.

Last update to the database: Feb 18, 2025. See changelog.

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9

Funding Rounds

$359.9m

Money raised

Payhawk is a provider of a financial system that combines credit cards, payments, and expenses into one experience.

Industries:

Location:

Key people:

6

Funding Rounds

$159.5m

Money raised

Evernote is a company offering notetaking software and online service founded in 2008 by Stepan Pachikov.

5

Funding Rounds

$51.8m

Money raised

Idwall is a Brazilian artificial intelligence company offering customer credentialing technology.

Key people:

3

Funding Rounds

$260.0m

Money raised

Ocrolus is a solution provider of automated document reviews in the financial services industry.

10

Funding Rounds

$2.5b

Money raised

Tipalti automates the way companies pay suppliers, partners, publishers and employees with cloud-based solutions which addresses all phases of the payables workflow.

Key people:

2

Funding Rounds

$3.7m

Money raised

Docsumo is an artificial intelligence company that develops solutions for automating data extraction from documents.

Key people:

5

Funding Rounds

$232.0m

Money raised

Instabase is a platform for businesses to build customizable apps for automating different parts of their business.

Location:

Key people:

7

Funding Rounds

$49.0m

Money raised

Anyline is a mobile text recognition software founded in 2013 by Lukas Kinigadner, Jakob Hofer, David Dengg and Daniel Albertini.

Location:

Key people:

3

Funding Rounds

$11.5m

Money raised

Acodis is a developer of Intelligent Document Processing (IDP) software, allowing for the digitization of documents.

Industries:

Location:

Key people:

2

Funding Rounds

$30.0m

Money raised

Nitro is a San Francisco-based company founded in 2005 by Max Cantor.

5

Funding Rounds

$205.5m

Money raised

Rossum is an AI-powered automated document processing platform founded in 2017 by Petr Baudis.

Location:

Key people:

10

Funding Rounds

$540.6m

Money raised

Scandit is an enterprise barcode scanner founded in 2009.

3

Funding Rounds

$60.1m

Money raised

Eigen Technologies is a London-based artificial intelligence company founded in 2014.

3

Funding Rounds

$60.0m

Money raised

Shufti Pro is a company founded by Amelia Matters.

1

Funding Rounds

$1.4m

Money raised

NanoNets is a provider of machine learning APIs for developers founded in 2017 by Sarthak Jain.

1

Funding Rounds

Artificial Intelligence company

4

Funding Rounds

$38.0m

Money raised

We help organizations process any type of document faster than ever with the most complete intelligent document processing platform.

1

Funding Rounds

$18.8m

Money raised

An intelligent bookeeping system for business tax receipts, invoices and purchases

Key people:

4

Funding Rounds

$37.3m

Money raised

Mindee is a Paris-based software development company and API platform that uses machine learning to help developers automate workflows by standardizing the document processing layer.

6

Funding Rounds

$21.2m

Money raised

Mad Street Den is a company founded in 2013 by Ashwini Asokan, Anand Chandrasekaran and Costa Colbert.

Key people:

4

Funding Rounds

$63.4m

Money raised

Platform that converts raw data into high-quality annotated data for AI projects.

8

Funding Rounds

$12.6m

Money raised

AI inside Inc. is a Tokyo-based firm engaged in artificial intelligence (AI) solutions.

1

Funding Rounds

AllRead processes images taken by fixed or mobile camera, extracts the information needed, and feeds it to your information management system.

2

Funding Rounds

$25.7m

Money raised

Cinnamon is an AI startup that develops products aimed at reducing the amount of time people spend on mundane tasks. Its Flax Scanner takes lengthy documents and extracts only the most pertinent information, while Lapis Engine is an natural language processing (NLP) based search engine designed to give recommendations for applications such as e-commerce or a recruiting platform, and Scuro Bot is a chatbot which can also process natural languages.

1

Funding Rounds

$26.5m

Money raised

Sansan - Groupware for business contacts - View company info, team members, fundraising and more

3

Funding Rounds

$23.8m

Money raised

Hypatos is a startup focused on automating business processes founded in 2018.

2

Funding Rounds

$30.0m

Money raised

AntWorks digitises unstructured and semi-structured data for claims, onboarding and underwriting.

2

Funding Rounds

$5.5m

Money raised

Platform that educates machines to analyze and understand documents more effectively.

2

Funding Rounds

$1.3m

Money raised

SaaS solution that captures data with near-perfect accuracy, no setup required, and charges based on usage.

1

Funding Rounds

$13.0m

Money raised

Cogent Labs is solving for practical artificial intelligence.

1

Funding Rounds

$1.3m

Money raised

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