Ocrolus Overview
- Year Founded
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2014
- Status
-
Private
- Employees
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1,081
- Latest Deal Type
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2ndary - Private
- Investors
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31
Ocrolus General Information
Description
Developer of an artificial intelligence-driven document automation service designed to enhance the accuracy and efficiency of lending decision processes. The company offers a platform featuring automated data extraction from diverse financial documents, real-time data validation, actionable analytics for credit risk assessment, seamless integration with lending workflows, and support for multiple lending sectors, including small business, mortgage, and consumer lending, enabling financial institutions and lenders to make faster, more consistent credit decisions while expanding access to affordable credit and reducing operational costs.
Contact Information
Website
www.ocrolus.comCorporate Office
- 285 Fulton Street
- Suite 77C
- New York, NY 10007
- United States
Corporate Office
- 285 Fulton Street
- Suite 77C
- New York, NY 10007
- United States
Ocrolus Timeline
Ocrolus Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Secondary Transaction - Private | 01-Jul-2025 | Completed | Generating Revenue | |||
| 10. Debt - General | 22-Apr-2025 | Completed | Generating Revenue | |||
| 9. Mezzanine | 14-Aug-2024 | Completed | Generating Revenue | |||
| 8. Debt - General | Completed | Generating Revenue | ||||
| 7. Later Stage VC (Series C2) | 15-Feb-2023 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 30-Sep-2021 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 12-Nov-2020 | Completed | Generating Revenue | |||
| 4. Debt - PPP | 01-May-2020 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 26-Apr-2019 | $23.7M | $29.2M | Completed | Generating Revenue | |
| 2. Accelerator/Incubator | 01-Jan-2019 | $5.5M | Completed | Generating Revenue |
Ocrolus Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 12,052,500 | $0.000010 | $1.96 | $1.96 | 1x | $1.96 | 16.16% | |
| Seed | 8,564,302 | $0.000010 | $0.46 | $0.46 | 1x | $0.46 | 11.48% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Ocrolus Comparisons
Industry
Financing
Details
Ocrolus Competitors (29)
One of Ocrolus’s 29 competitors is Revio Insight, a Venture Capital-Backed company based in Austin, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Revio Insight | Venture Capital-Backed | Austin, TX | ||||
| Mambu | Venture Capital-Backed | Amsterdam, Netherlands | ||||
| Pich Payment Solutions | Corporation | Tempe, AZ | ||||
| Perfios | Venture Capital-Backed | Mumbai, India | ||||
| Simple | Formerly VC-backed | Sydney, Australia |
Ocrolus Patents
Ocrolus Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11087409-B1 | Systems and methods for generating accurate transaction data and manipulation | Active | 29-Jan-2016 | ||
| US-20210366055-A1 | Systems and methods for generating accurate transaction data and manipulation | Inactive | 29-Jan-2016 |
Ocrolus Signals
Ocrolus Investors (31)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| TriplePoint Capital | Venture Capital | Minority | ||
| 1st & Main Growth Partners | PE/Buyout | Minority | ||
| Gaingels | Venture Capital | Minority | ||
| HBS Alumni Angels of Greater New York | Angel Group | Minority | ||
| Mana Ventures | Venture Capital | Minority |
Ocrolus FAQs
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When was Ocrolus founded?
Ocrolus was founded in 2014.
-
Where is Ocrolus headquartered?
Ocrolus is headquartered in New York, NY.
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What is the size of Ocrolus?
Ocrolus has 1,081 total employees.
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What industry is Ocrolus in?
Ocrolus’s primary industry is Business/Productivity Software.
-
Is Ocrolus a private or public company?
Ocrolus is a Private company.
-
What is Ocrolus’s current revenue?
The current revenue for Ocrolus is .
-
How much funding has Ocrolus raised over time?
Ocrolus has raised $142M.
-
Who are Ocrolus’s investors?
TriplePoint Capital, 1st & Main Growth Partners, Gaingels, HBS Alumni Angels of Greater New York, and Mana Ventures are 5 of 31 investors who have invested in Ocrolus.
-
Who are Ocrolus’s competitors?
Revio Insight, Mambu, Pich Payment Solutions, Perfios, and Simple are some of the 29 competitors of Ocrolus.
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