When was ABBYY founded?

ABBYY was founded in 1989 and raised its 1st funding round 22 years after it was founded.

Where is ABBYY located?

ABBYY is headquartered in Milpitas, United States. It is registered at Milpitas, California.

Who is the current CEO of ABBYY?

Dmitry Shushkin of ABBYY. They have also founded 1 company.

How many employees does ABBYY have?

As of Sep 30, 2026, the latest employee count at ABBYY is 952.

Is ABBYY a funded company?

ABBYY is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Sep 27, 2011.

When was the latest funding round of ABBYY?

ABBYY's latest funding was a $***** PE round on May 11, 2021, with participation from 1 investor. Its primary sector is Digital Transformation Services. In United States, the Digital Transformation Services sector has seen $175M in funding in 2026 to date.

Where does ABBYY rank among its competitors?

ABBYY ranks 39th amongst 26167 active competitors, of which 933 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Glean, which secured $150M in Jun, 2025.

Who are the top competitors of ABBYY?

ABBYY's top competitors include Airtable, Box and Automattic. Among them, Glean secured the most recent funding round in June, 2025.

ABBYY - 2026 Company Profile, Team, Funding & Competitors

ABBYY is a late stage company based in Milpitas (United States), founded in 1989 by David Yang, Ivan Smolnikov and Konstantin Anisimović. It operates as a Provider of intelligent automation software and solutions for document and process understanding. ABBYY has raised an undisclosed amount in funding from Marlin Equity Partners. The company has 26167 active competitors, including 933 funded and 745 that have exited. Its top competitors include companies like Airtable, Box and Automattic.

Company Details

Provider of intelligent automation software and solutions for document and process understanding. The company offers document AI for input, classification, splitting, and data extraction. Process AI solutions include process discovery, analysis, monitoring, prediction, and simulation. The marketplace provides AI extraction models, connectors, and assets.

Website: www.abbyy.com
Social
Email ID: *****@abbyy.com
Phone Number: +7 **********
Registered Address: Milpitas, California

Key Metrics

Founded Year

1989

Location

Milpitas, United States

Stage

Late Stage

Latest Funding Round

PE, May 11, 2021, $*****

Investors

Marlin Equity Partners & 1 more

Ranked

39^th among 26167 active competitors

Employee Count

952 as on Sep 30, 2026

Investment & Acquisitions

Pericom Imaging & 4 more

Similar Companies

Box & 14950 more

View ABBYY's full profile

ABBYY is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Abbyy Europe GMBH CIN: 0658.791.930 , Belgium, Active	Jul 18, 2016	-	-	-
ABBYY USA SOFTWARE HOUSE, INC. CIN: 32050913402 , United States, Active		-	-	-
ABBYY USA SOFTWARE HOUSE, INC. CIN: 943368393 , United States, Active	Dec 26, 999	-	123 (As on Dec 31, 2024)	-

ABBYY has raised funding over 2 rounds. Its first funding round was on Sep 27, 2011. Its latest funding round was a PE round on May 11, 2021 for $*****. 1 investor participated in its latest round. ABBYY has 2 institutional investors.

Here is the list of recent funding rounds of ABBYY:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 11, 2021	1133089	PE	8785823	6799393	8892736	9981959
Sep 27, 2011	1427183	Unattributed	5082104	3987370	1007507	Fujitsu

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View details of ABBYY's funding rounds and investors

The founders of ABBYY are David Yang, Ivan Smolnikov and Konstantin Anisimović. Ulf Persson is the CEO of ABBYY.

Here are the details of ABBYY's key team members:

David Yang: Founder of ABBYY.
Ivan Smolnikov: Co-Founder of ABBYY.
Konstantin Anisimović: Co-Founder & Board Director of ABBYY.
Dmitry Shushkin: Co-Founder of ABBYY.

View details of ABBYY's Founder profiles and Board Members

ABBYY's employee count trend

ABBYY has 952 employees as of Sep 26. Here is ABBYY's employee count trend over the years:

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Top competitors of ABBYY include Airtable, Box and Automattic. Here is the list of Top 10 competitors of ABBYY, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Airtable 2013, San Francisco (United States), Acquired	Cloud and AI based low code workflow and app development platform	$1.35B	CRV, Caffeinated Capital & 61 others	83/100
2nd	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, USVP & 38 others	81/100
3rd	Automattic 2005, San Francisco (United States), Series E	Developer of open-source content management system	$896M	Tiger Global Management, Endurance International Group ... & 32 others	81/100
4th	The Access Group 1991, Loughborough (United Kingdom), Late Stage	Provider of business management software for diverse commercial industry sectors	$1.49B	Lyceum Capital, Hg & 23 others	80/100
5th	Glean 2019, San Francisco (United States), Series F	Cloud-based platform for enterprise search	$765M	Lightspeed Venture Partners, Altimeter Capital ... & 53 others	78/100
6th	Visma 1996, Oslo (Norway), Acquired	Developer of cloud software for business management and accounting tasks	-	GIC, General Atlantic & 27 others	78/100
7th	Kaltura 2006, New York City (United States), Public	Provider of video solutions for webinars, events, hubs, and virtual classrooms	$145M	Goldman Sachs Investment Partners, Nexus Venture Partners ... & 16 others	74/100
8th	Pipefy 2015, San Francisco (United States), Series C	SaaS-based workflow and task management solution provider	$149M	Trinity Ventures, OpenView & 35 others	73/100
9th	WalkMe 2011, San Francisco (United States), Acquired	Provider of digital adoption platform	$308M	Insight Partners, Vitruvian Partners & 13 others	73/100
10th	UiPath 2005, New York City (United States), Public	Provider of a platform for agentic automation and AI solutions	$1.96B	Alkeon Capital Management, Coatue & 49 others	72/100
39th	ABBYY 1989, Milpitas (United States), Late Stage	Provider of intelligent automation software and solutions for document and process understanding	-	Marlin Equity Partners, Fujitsu	65/100

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ABBYY has made 1 investments in companies including Findo. ABBYY has also acquired 4 companies including Pericom Imaging and TimelinePI.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 07, 2020	Acquisition	Pericom Imaging	1987	Singapore (Singapore)
May 20, 2019	Acquisition	TimelinePI	2016	Philadelphia (United States)
Oct 17, 2018	Acquisition	ATAPY Software	2001	Novosibirsk (Russia)