Ocrolus

About

Ocrolus is the leading document automation platform in financial services, powering the digital lending ecosystem with trusted data

New York,New York,United States
251 - 500
https://www.ocrolus.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $13.46M
Industries: Banking,Credit,Financial Services,FinTech
Founded date: Jan 1, 2014
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Ocrolus Inc.

Ocrolus is a document automation platform that powers the digital lending ecosystem, automating credit decisions across fintech, mortgage, and banking. The company provides document analysis infrastructure to customers like PayPal, Brex, SoFi, and Plaid, and has raised over $100 million from blue-chip fintech investors. Ocrolus enables financial services firms to make high quality decisions with trusted data and unparalleled efficiency.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$126.96M

Ocrolus has raised a total of $126.96M in funding over 2 rounds. Their latest funding was raised on Sep 22, 2021 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 22, 2021	Series C	$80M	13	Fin Capital	—	Detail
Aug 25, 2020	Series B	$13.46M	15	FinTech Collective QED Investors	—	Detail
Jun 25, 2019	Series B	$24M	8	Oak HC/FT	—	Detail
Apr 9, 2018	Series A	$4M	12	Bullpen Capital Laconia	—	Detail
Jul 1, 2016	Convertable Note	$3.30M	5	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

32

Ocrolus is funded by 32 investors. Fin Capital and Bullpen Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Fin Capital	Yes	Series C
Bullpen Capital	—	Series C
Cross River	—	Series C
FinTech Collective	—	Series C
Invicta Growth	—	Series C
Laconia	—	Series C
Mubadala	—	Series C
Oak HC/FT	—	Series C
QED Investors	—	Series C
RiverPark Ventures	—	Series C