Ocrolus

New York, New York, USA · ≈1.1K employees · ocrolus.com

Ocrolus is an AI-powered document automation and analytics platform founded in 2014, based in New York, NY. The company focuses on helping financial institutions enhance their credit and underwriting decisions by converting unstructured financial documents into machine-readable data. Ocrolus specializes in automating workflows in small business, mortgage, and consumer lending sectors, achieving over 99% accuracy in data extraction. The platform offers a range of API-driven solutions that streamline back-office tasks and modernize document review processes. Key features include document automation, data extraction, fraud detection, cash flow and income analysis, and mortgage solutions. Ocrolus integrates seamlessly with various lending workflows and platforms, supporting efficient credit risk assessment. The company serves a B2B audience, including financial institutions and fintech companies, and has established partnerships with notable clients like PayPal, SoFi, and BlueVine. With a workforce of approximately 986 employees and significant funding, Ocrolus is positioned as a key player in the fintech infrastructure space.