Docsumo

Docsumo is an end-to-end Document AI platform founded in 2019 that uses intelligent automation to help enterprises process documents with high accuracy and touchless workflows. Its platform covers intelligent document processing, data capture APIs, machine learning and workflow automation. The company reports processing more than 5m documents a year at accuracy above 95%, with over 90% of documents handled without human intervention and a tenfold reduction in manual effort.

The product line comprises the Docsumo Document AI Platform, a Document Data Capture API, and more than 30 ready-made APIs for document processing across industries. Sectors served include insurance, banking, lending and logistics. Reported customer outcomes include more than 2,500 hours saved annually at National Debt Relief and over 75,000 insurance claims settled at Arbor with 99% accuracy. Docsumo says more than 10,000 data-driven businesses use its tools across seven industries.

The company is backed by investors including Sequoia, Barclays, Techstars and Better Capital. It has a global presence across Singapore, the USA, India and Nepal, and positions its work around helping enterprises scale operations without scaling headcount.