ReadSoft Overview

  • Year Founded
  • 1991

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 634

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 5

  • Investments
  • 2

ReadSoft General Information

Description

Developer of document automation software. The company provides software that extracts information from business documents such as invoices, forms, claims and orders, whether they are electronic or paper. The extracted information is used for automated document sorting, information matching against ERP systems and approval workflows.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Sodra Kyrkogatan 4
  • 252 23 Helsingborg
  • Sweden
Primary Industry
Application Software
Other Industries
Automation/Workflow Software
Acquirer
Lexmark International
Vertical(s)
TMT
Corporate Office
  • Sodra Kyrkogatan 4
  • 252 23 Helsingborg
  • Sweden

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ReadSoft Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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ReadSoft Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of document automation software. The company provides software that extracts information from business documen
Application Software
Helsingborg, Sweden
634 As of 2014

Villeurbanne, France
 

Espoo, Finland
 
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ReadSoft Competitors (2)

One of ReadSoft’s 2 competitors is Esker (Business/Productivity Software), a Formerly PE-Backed company based in Villeurbanne, France.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Esker (Business/Productivity Software) Formerly PE-Backed Villeurbanne, France
Basware Private Equity-Backed Espoo, Finland
You’re viewing 2 of 2 competitors. Get the full list »

ReadSoft Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • Pending

  • Expiring in next 12 mo

ReadSoft Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2002348549-A1 A method and system for delivering a message Inactive 12-Oct-2001
EP-1302879-A1 A method and system for delivering a message Inactive 12-Oct-2001
AU-6861798-A Method and arrangement for automatic data acquisition of forms Inactive 01-Apr-1997
DE-69817171-T2 Method and arrangement for automatic form data recording Inactive 01-Apr-1997
ES-2207824-T3 Procedure and system for automatic acquisition of form data. Inactive 01-Apr-1997 G06V30/412
To view ReadSoft’s complete patent history, request access »

ReadSoft Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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ReadSoft Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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ReadSoft Acquisitions (2)

ReadSoft’s most recent deal was a Merger/Acquisition with Expert Systems Development Svenska. The deal was made on 14-May-2013.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Expert Systems Development Svenska 14-May-2013 Merger/Acquisition IT Consulting and Outsourcing
foxray 27-Feb-2012 Merger/Acquisition IT Consulting and Outsourcing
To view ReadSoft’s complete acquisitions history, request access »

ReadSoft Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Expert Systems Development Svenska Taby, Sweden 1992

ReadSoft FAQs

  • When was ReadSoft founded?

    ReadSoft was founded in 1991.

  • Where is ReadSoft headquartered?

    ReadSoft is headquartered in Helsingborg, Sweden.

  • What is the size of ReadSoft?

    ReadSoft has 634 total employees.

  • What industry is ReadSoft in?

    ReadSoft’s primary industry is Application Software.

  • Is ReadSoft a private or public company?

    ReadSoft is a Private company.

  • What is the current valuation of ReadSoft?

    The current valuation of ReadSoft is .

  • What is ReadSoft’s current revenue?

    The current revenue for ReadSoft is .

  • Who are ReadSoft’s investors?

    Priveq Investment has invested in ReadSoft.

  • Who are ReadSoft’s competitors?

    Esker (Business/Productivity Software) and Basware are competitors of ReadSoft.

  • When was ReadSoft acquired?

    ReadSoft was acquired on 13-Nov-2014.

  • Who acquired ReadSoft?

    ReadSoft was acquired by Lexmark International.

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