Ocrolus’ document automation platform is used to analyze financial data. It can “sort documents with precision using Human-in-the-Loop automation and machine learning,” as well as “extract and structure data using computer vision and human validation.” The company’s services can be useful for the small business lending, mortgage, and banking industries.
Ocrolus is a document automation platform in financial services, powering the digital lending ecosystem with trusted data. It was founded by John Guerci, Sam Bobley, and Victoria Meakin in 2014. Ocrolus has raised over $127 million in venture capital funding from investors such as Stage 2 Capital, QED Investors, and SoftBank. However, the company has not officially endorsed a plan to participate in an IPO.