Founder Intelligence
Sam Bobley
Automating document understanding through computer vision and human-in-the-loop validation makes financial decisioning faster, fairer, and error-free.
- Role
- Chief Executive Officer & Co-Founder
- Company
- Ocrolus
- Country
- United States
- Company founded
- 2014
Ecosystem Connection Map
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Overview
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Sam Bobley is an American financial technology entrepreneur who serves as Chief Executive Officer of Ocrolus. Founded in 2014, Ocrolus built the premier document intelligence and financial analysis engine used by commercial banks and mortgage lenders across the United States.
Why it matters
Bobley solved one of the hardest real-world data extraction problems in fintech, proving that computer vision models can achieve 99%+ accuracy on degraded, unstructured financial paperwork.
Editorial insight
Bobley built a human-in-the-loop document AI company that addresses a problem underwriting-model vendors often overlook: a credit decision is only as good as the messy, inconsistent paper and scanned documents feeding it.
Career & Timeline
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Background & Founding Ocrolus
Bobley studied finance at the University of Delaware. Recognizing that lenders were losing weeks manually re-keying bank statements and tax forms, Bobley co-founded Ocrolus in New York to build an automated document ingestion pipeline combining computer vision with human-in-the-loop verification.
Companies
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Products
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Ocrolus platform
Explore Ocrolus platform by Ocrolus. Verified AI product intelligence covering core capabilities, Finance use cases, technical architecture, and…
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Technologies & Expertise
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Industries & Use Cases
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Industries
Funding
Verified funding disclosures from the connected company profile.
- September 23, 2021: Ocrolus raises an $80 million Series C led by Fin VC at a valuation above $500 million, taking total funding above $100 million.
- February 15, 2023: Ocrolus closes a Series C-II round, bringing disclosed funding to roughly $137 million.
Latest Developments
Recent milestones from the connected organization.
- 2024–2026: Ocrolus repositions its platform around "Vertical AI," reporting more than 3,700 active user accounts analyzing roughly 750,000 credit applications per month.
- 2014: Sam Bobley co-founds Ocrolus in New York, initially building the product himself before scaling the company.
- 2018–2021: Ocrolus grows its annual recurring revenue from about $1 million to roughly $20 million, according to its own CEO, while adding customers including Brex, Enova, LendingClub, PayPal, Plaid, and SoFi.
- September 23, 2021: Ocrolus raises an $80 million Series C led by Fin VC at a valuation above $500 million, taking total funding above $100 million.
- September 20, 2023: Ocrolus launches Instant, a fully automated, machine-only document-processing option that returns results in seconds.
- February 15, 2023: Ocrolus closes a Series C-II round, bringing disclosed funding to roughly $137 million.
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FAQ
Answers restated from verified fields on this profile.
Who is Sam Bobley?
Sam Bobley is an American technology entrepreneur and executive serving as Chief Executive Officer and co-founder of Ocrolus, the leading document automation and financial data analysis platform.
What does Ocrolus do under Sam Bobley's leadership?
Ocrolus uses computer vision and machine learning to analyze bank statements, pay stubs, tax filings, and mortgage documents, converting messy PDFs into structured cash flow intelligence for lenders.
Where did Sam Bobley study?
Bobley earned his Bachelor of Science in Finance from the University of Delaware Lerner College of Business and Economics.
Sources & Verification
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