Docsumo raises $3.5 million seed funding from Common Ocean, Fifth Wall, Arbor and Better Capital.
Docsumo raises $3.5 million seed funding from Common Ocean, Fifth Wall, Arbor and Better Capital.
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Make Accurate Decisions From Unstructured Documents
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Document AI software with Intelligent OCR technology helps you convert unstructured documents such as pay stubs, invoices and bank statements to actionable data. Works with documents in any format with minimal setup.
Trusted by the world’s most data-driven businesses
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The smarter way to process documents
Upload from Computer | Review Extracted Data | Integrate API
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Eliminate Manual Entry
Extract totals, invoice numbers, payment terms, and more from multiple invoices in just a few clicks.
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Automate Decisions
Categorize table line items and get calculated attributes to automate decisions.
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Get Better Data
Review captured data with human-in-the-loop tool & validate with external APIs or database.
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Why Docsumo
50XFaster
than a human.
than a human.
70%
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Reduction in
processing costs.
processing costs.
50%
Increase in
efficiency.
efficiency.
Easily convert documents to data.
Auto Classification
Data Capture
Validation Rules
API Integration
Fraud Detection
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Industries We Serve
Lending
Verify income from bank statements and pay stubs. Get accurate line item categorization and attributes for underwriting.
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Insurance
Read Certificate of Insurance and other policy documents easily. Validate extracted data with a smart rule engine.
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Logistics
Convert bill of lading, purchase orders and delivery notes to structured information. Validate data from CRM or ERP for straight through processing.
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Accounts Payable
Automate invoice processing with layout agnostic machine learning model. Match invoice data with ERP to automate the process end-to-end.
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View all solutions
Lending
Enhance customer experience by reducing turn around time for loan applications with touchless automation
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Insurance
Read Certificate of Insurance and other policy documents easily. Validate extracted data with a smart rule engine.
Learn more
Logistics
Convert bill of lading, purchase orders and delivery notes to structured information. Validate data from CRM or ERP for straight through processing.
Learn more
Accounts Payable
Automate invoice processing with layout agnostic machine learning model. Match invoice data with ERP to automate the process end-to-end.
Learn more
View all solutions
What Our Customers Are Saying
500+ Teams trust us
With Docsumo, we are now able to save more than 200 hours per month.
As a whitelabel ATM provider, we were completely overburdened with monthly reconciliation from bank statements sent by our ATM operators. Manually processing them was just not cutting it for us with our growing volume. With Docsumo, we are able to process bank statements in less than 30 mins with an accuracy rate over 99%.
Dhananjay Manjrekar
Head, Revenue Assurance, Hitachi Payment Services, India
Read the case study
Best Document AI solution that comes with pre-trained APIs a CRE lender needs.
Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database.
Howard Leiner
CTO, Arbor
Read the case study
Docsumo is your go-to solution if you need a flexible solution to capture data from unstructured documents.
Docsumo does a very good job when it comes to our specific use-case. Debt settlement letters vary a lot from each other, but Docsumo manages to capture data accurately almost every single time at the processing speed which is unprecedented. We’re witnessing the STP rate of over 95% with Docsumo.
Daniel Tilipman
President & Co-Founder, National Debt Relief
Read the case study
Best Document AI solution that comes with pre-trained APIs a CRE lender needs.
“Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database.”
Howard Leiner
CTO, Arbor Realty Trust
Read the case study
With Docsumo, we are now able to save more than 500 hours per month.
With Docsumo, we are now able to assign barcodes in less than 2 mins. The same process used to take us 20 mins previously. We are now saving hundreds of hours a month generating Advanced Shipment Notifications. It has reduced manual errors drastically.
Neil Lawrence
Business Process Manager, BiagiBros, California
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Using Docsumo turned out to be a real game changer for us.
Bringing down the invoice processing time from a few hours to less than 5 minutes with 100% accuracy has been a real-game changer for us. With Docsumo’s help, we have been able to automate invoice processing resulting in lower turnaround time and better customer experience.
Jussi Karjalainen
Founder & Managing Partner, Valta Technology Pty Ltd
Read the case study
With Docsumo we are now able to process thousands of ACORD Forms in a day.
We were looking for a tech partner to automate analysis of certificates of insurance for our real estate liability management software. We are really happy with Docsumo’s APIs and their team’s dedication to solving our problem. We are now able to process thousands of ACORD forms a day automatically while being able to get accurate analytics from over 100 data points.
Michael Rudman
Co-Founder & CTO, Jones
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Best in class for capturing data from financial documents
“We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.”
Prashanth Ranganathan
CEO, PayU Credit
Read the case study
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“We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.”
Prashanth Ranganathan
CEO, Paysense.com
Since the very beginning everything was fine, they always say “Ask anything even if you need support from our developers. The support for initial user was exceptional, even for small users like me.
Dario G
Operations Manager, Onerz
“Bringing down the invoice processing time from a few hours to less than 5 minutes with 99%accuracy has been a real-game changer for us. With Docsumo, we have been able to automate invoice processing resulting in lower turnaround time and better customer experience.”
Jussi Karjalainen
Founder & Managing Partner, ValtaTech
Docsumo is your go-to solution if you need a flexible solution to capture data from unstructured documents.
Docsumo does a very good job when it comes to our specific use-case. Debt settlement letters vary a lot from each other, but Docsumo manages to capture data accurately almost every single time at the processing speed which is unprecedented. We’re witnessing the STP rate of over 95% with Docsumo.
Daniel Tilipman
President & Co-Founder, National Debt Relief
Read the case study
With Docsumo we are now able to process thousands of ACORD Forms in a day.
We were looking for a tech partner to automate analysis of certificates of insurance for our real estate liability management software. We are really happy with Docsumo’s APIs and their team’s dedication to solving our problem. We are now able to process thousands of ACORD forms a day automatically while being able to get accurate analytics from over 100 data points.
Michael Rudman
Co-Founder & CTO, Jones
Read the case study
With Docsumo, we are now able to save more than 200 hours per month.
As a whitelabel ATM provider, we were completely overburdened with monthly reconciliation from bank statements sent by our ATM operators. Manually processing them was just not cutting it for us with our growing volume. With Docsumo, we are able to process bank statements in less than 30 mins with an accuracy rate over 99%.
Dhananjay Manjrekar
Head, Revenue Assurance, Hitachi Payment Services, India
Read the case study
Best Document AI solution that comes with pre-trained APIs a CRE lender needs.
Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database.
Howard Leiner
CTO, Arbor
Read the case study
Best Document AI solution that comes with pre-trained APIs a CRE lender needs.
“Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database.”
Howard Leiner
CTO, Arbor Realty Trust
Read the case study
View more Customers Stories
Use Cases
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Invoice
Automate accounts payable with invoice data capture
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Bank Statement
Get transaction data from pdf and scanned documents
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Acord
Convert certificate of insurance to actionable data
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Trailing 12 Months
Commercial real estate analytics made easier and more accurate
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Rent Roll
50% less operational cost with automated rent roll processing
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Bill of Lading
Onboard customers in real-time with quick and accurate logistics document processing
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Energy & Utility Bills
Error-free data extraction from Energy & Utility bills
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IRS Form 1040
Verify tax return details in real-time with intelligent OCR API
Explore more use cases
We are SOC 2 TYPE2 Certified
We use enterprise-grade security to ensure that your data is secure. You have complete control of your data processed through Docsumo.
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Enter your metrics to find out how Docsumo can add value!
Get a free ROI report and see the impact of your document automation project.
Tell us where you are today
This is what your document processing operations could look like tomorrow
Based on real benchmarks from Docsumo customers, this is what we project for you and your team.
80 %
Straight through
Processing
Processing
$ 0
Total Cost
Reduced
Reduced
< 30 sec
Average
processing time
processing time
0 hrs
Total time
saved
saved
$300k
Projected ROI
Watch Docsumo in action
We’d love to show you how you can increase your productivity, process your documents faster and save operations cost!
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