Company Intelligence
Ocrolus
Ocrolus provides enterprise-grade artificial intelligence solutions, delivering specialized Ocrolus Platform technology designed to optimize mission-critical workflows across enterprise software developers and digital transformation teams.
- Country
- United States
- Website
- www.ocrolus.com
- Founded
- 2014
- Products
- 1
- Reports
- 4
- Last reviewed
- Aug 2026
Overview
What this company is, what it builds, and who it serves.
Ocrolus is a Finance AI company based in United States, founded in 2014.
Document AI platform combining machine learning with human review for lending decisions.
Verified founder profile on Brel: Sam Bobley.
What it does
Through the deployment of Ocrolus Platform, Ocrolus provides computational automation and data intelligence for organizations operating in Artificial Intelligence.
What it builds
Ocrolus Platform
Why It Matters
Ocrolus provides enterprise-grade artificial intelligence solutions, delivering specialized Ocrolus Platform technology designed to optimize mission-critical workflows across enterprise software developers and digital transformation teams.
Funding
Verified funding disclosures on file for this company.
- 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.
Products
Products and platforms connected to this company.
-
Ocrolus platform
Explore Ocrolus platform by Ocrolus. Verified AI product intelligence covering core capabilities, Finance use cases, technical architecture, and…
View product intelligence
Founders
People linked to this company in the Brel founder graph.
Ecosystem
How this company connects across the Brel AI intelligence graph.
Company
Ocrolus
Industry
Products
Technologies
Capabilities
Ocrolus's AI stack is built to handle financial documents regardless of format or scan quality, supporting more than a thousand document types,…
Features
- A document AI platform that classifies financial documents, extracts and verifies data, detects fraud, and analyzes cash
- machine learning with human-in-the-loop review
Country
Official Resources
Official and developer links on file for this company.
Latest Developments
Verified developments and timeline notes on file.
- 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. Latest
- 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.
Frequently Asked Questions
What does Ocrolus do?
Ocrolus specializes in artificial intelligence, developing Ocrolus Platform to support enterprise software developers and digital transformation teams with scalable, production-grade technology.
Where is Ocrolus based and when was it founded?
Ocrolus is based in United States and was founded in 2014.
What are the main products offered by Ocrolus?
The flagship platform from Ocrolus is Ocrolus Platform, delivered primarily through b2b saas and enterprise api licensing.
Who are the primary target users of Ocrolus?
Ocrolus primarily serves enterprise software developers and digital transformation teams seeking reliable artificial intelligence implementations.
Sources & Verification
How this profile is verified and where the information comes from.
Primary sources
Request a correction if you represent this company or believe information is inaccurate.