New York City based Ocrolus is raising $60,000,001.00 in New Equity Investment.
New York City, NY – According to filings with the U.S. Securities and Exchange Commission, Ocrolus is raising $60,000,001.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Sam Bobley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Ocrolus
Ocrolus helps financial services companies make high quality decisions, in an automated and efficient way, with trusted data. Ocrolus is a fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. Powered by Artificial Intelligence and a unique, human-in-the-loop data validation process, Ocrolus plugs directly into customer workflows via API, eliminating the need for manual data work. The solution includes built-in fraud detection and analytics, enabling customers to make smarter and faster business decisions with unprecedented precision. Use-cases include loan underwriting, account openings, invoice processing and other document-intensive processes. Ocrolus has raised over $30 million in venture capital, backed by Oak HC/FT, FinTech Collective, Bullpen Capital, and QED Investors, among others.
To learn more about Ocrolus, visit http://www.ocrolus.com/
Contact:
Sam Bobley, Chief Executive Officer
646-850-9090
sbobley@ocrolus.com
https://www.linkedin.com/in/sam-bobley-4b03a767/
SOURCE: http://www.intelligence360.io
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