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Docsumo - About the company

Docsumo is a seed company based in Lewes (United States), founded in 2019 by Rushabh Sheth. It operates as a Cloud-based platform for document automation. Docsumo has raised $3.72M in funding from investors like Techstars, Barclays and Better Capital. The company has 2938 active competitors, including 254 funded and 209 that have exited. Its top competitors include companies like Box, Behavox and PandaDoc.

Company Details

Cloud-based platform for document digitization. It is a data entry & document workflow automation platform for accountants to extract data automatically from a document. It captures data from unstructured documents such as invoices & bank statements and converts them into structured formats such as CSV, JSON, XML, and Excel. It uses deep learning to extract and validate data from invoices. It provides an AI engine to perform the auto validation checks of GST/VAT number, line item HSN code, subtotal, tax rate, and total. It can be integrated with ERP systems such as SAP and Oracle and accounting software such as Tally and QuickBooks.
Social
X
Email ID
*****@docsumo.com
Registered Address
C-7, SARVONNATI SOCIETY, KIROL ROAD, GHATKOPAR (WEST), Mumbai City, MUMBAI, Maharashtra, India, 400086
Key Metrics
Founded Year
2019
Location
Stage
Seed
Total Funding
$3.72M in 3 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
80 as on Jun 30, 2026
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Docsumo's funding and investors

Docsumo has raised a total funding of $3.72M over 3 rounds. Its first funding round was on Jan 27, 2020. Its latest funding round was a Seed round on Mar 03, 2022 for $*****. 4 investors participated in its latest round. Docsumo has 9 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Docsumo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 03, 2022
2100140
Seed
8386301
6782202
4775153
6572555
Aug 10, 2020
4084005
Seed
4214139
3893019
5211102
Jan 27, 2020
3475306
Seed
7783655
3371576
7402126
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Docsumo's founders and board of directors

Founder? Claim Profile
The founders of Docsumo is Rushabh Sheth.
Here are the details of Docsumo's key team members:

Docsumo's Board of Directors

Docsumo's board has 1 active member. Bikram Dahal is part of team.
Here is the list of Docsumo's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 0m

Docsumo's employee count trend

Docsumo has 80 employees as of Jun 26. Here is Docsumo's employee count trend over the years:
Employee count trend for Docsumo
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Docsumo's Competitors and alternates

Top competitors of Docsumo include Box, Behavox and PandaDoc. Here is the list of Top 10 competitors of Docsumo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Box
Box
2005, Redwood City (United States), Public
AI based platform for secure collaboration, content management, and workflow
$693M
80/100
2nd
Logo for Behavox
Behavox
2014, London (United Kingdom), Series C
Provider of AI-driven platform for regulatory compliance and risk management
$343M
72/100
3rd
Logo for PandaDoc
PandaDoc
2011, San Francisco (United States), Series C
Provider of document management and automation platform with e-signature capabilities
$61.9M
70/100
4th
Logo for Digio
Digio
2016, Bengaluru (India), Seed
Provider of digital solutions for KYC, document management, and digital signatures
$11.9M
69/100
5th
Logo for Kivra
Kivra
2010, Stockholm (Sweden), Series A
Provider of a digital platform for receiving and managing documents
$11.1M
68/100
6th
Logo for M-Files
M-Files
1989, Plano (United States), Series C
Enterprise document management platform for knowledge work automation
$127M
68/100
7th
Logo for OnFinance AI
OnFinance AI
2023, Bengaluru (India), Seed
Developer of artificial intelligence agents for automated regulatory compliance management
$5.25M
67/100
8th
Logo for NetDocuments
NetDocuments
1998, Lehi (United States), Acquired
Cloud-based enterprise content management solutions
$30M
65/100
9th
Logo for Ninety
Ninety
2016, Atlanta (United States), Series B
Provider of enterprise collaboration and document management solution
$35M
64/100
10th
Logo for Thoropass
Thoropass
2019, New York City (United States), Series C
Platform offering integrated compliance management solutions
$98M
63/100
82nd
Logo for Docsumo
Docsumo
2019, Lewes (United States), Seed
Cloud-based platform for document automation
$3.72M
49/100
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Docsumo's Investments and acquisitions

Docsumo has made no investments or acquisitions yet.

Reports related to Docsumo

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