OCREX Overview
- Year Founded
-
2009

- Status
-
Acquired/Merged
- Employees
-
50

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$51.8M
OCREX General Information
Description
Developer of an optical character recognition software designed to automate the process of performing bank reconciliations from paper bank statements. The company's software automatically extracts data from invoices, receipts, credit notes, bank and credit card statements to feed into accounts software, enabling businesses to save cost and reduce manual data entry into the bookkeeping process.
Contact Information
Website
www.ocrex.comCorporate Office
- 2nd Floor
- 11-12 Warrington Place
- Dublin 2
- Ireland
Corporate Office
- 2nd Floor
- 11-12 Warrington Place
- Dublin 2
- Ireland
OCREX Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Merger/Acquisition | 27-Sep-2019 | $51.8M | Completed | Generating Revenue | ||
2. Later Stage VC | 17-Nov-2017 | Completed | Generating Revenue | |||
1. Early Stage VC | 28-Mar-2014 | Completed | Startup |
OCREX Signals
OCREX Former Investors (3)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Act Venture Capital | Venture Capital | Minority | ||
Cathal McGloin | Angel (individual) | Minority | ||
Enterprise Ireland | Venture Capital | Minority |
OCREX FAQs
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When was OCREX founded?
OCREX was founded in 2009.
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Where is OCREX headquartered?
OCREX is headquartered in Dublin, Ireland.
-
What is the size of OCREX?
OCREX has 50 total employees.
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What industry is OCREX in?
OCREX’s primary industry is Financial Software.
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Is OCREX a private or public company?
OCREX is a Private company.
-
What is the current valuation of OCREX?
The current valuation of OCREX is
. -
What is OCREX’s current revenue?
The current revenue for OCREX is
. -
How much funding has OCREX raised over time?
OCREX has raised $3.51M.
-
Who are OCREX’s investors?
Act Venture Capital, Cathal McGloin, and Enterprise Ireland have invested in OCREX.
-
When was OCREX acquired?
OCREX was acquired on 27-Sep-2019.
-
Who acquired OCREX?
OCREX was acquired by Sage Group.
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