Rossum - About the company
Rossum is an acquired company based in London (United Kingdom), founded in 2017 by Petr Baudis, Tomas Gogar and Tomas Tunys. It operates as an AI-based platform for document processing. Rossum has raised $104M in funding from investors like General Catalyst, Miton and StartupYard, with last known valuation of $*****. The company has 6577 active competitors, including 613 funded and 488 that have exited. Its top competitors include companies like Automattic, The Access Group and Visma.
Company Details
AI-based platform for document processing. It provides software to digitize documents and automate collaboration. It uses neural network-based technology for text analysis. It offers tools to process invoices purchase orders, packing lists, and transactional files. Other features include tools for document receiving, ML-based information extraction, and processing.
- Website
- rossum.ai
- Registered Address
- UNITED STATES
Key Metrics
Founded Year
2017
Location
London, United Kingdom
Stage
Acquired
Total Funding
$104M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Oct 20, 2021
Investors
Ranked
79th among 6577 active competitors
Employee Count
189 as on Apr 30, 2026
Exit Details
Acquired by Coupa (May 13, 2026)
Legal entities associated with Rossum
Rossum is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ROSSUM LTD CIN: 10564783 , United Kingdom, Active | Jan 15, 2017 | - | 11 (As on Dec 31, 2020) | |
Rossum Czech Republic sro CIN: 5944619 , Czech Republic, Active | Mar 22, 2017 | - | 11 (As on Dec 31, 2020) | |
Rossum Czech Republic s.r.o. CIN: 5944619 , Czech Republic, Active | $4.22M (As on Dec 31, 2021) | - | ||
ROSSUM USA INC CIN: 6336175 , United States, Active | Dec 31, 2016 | - | 11 (As on Dec 31, 2020) | - |
Rossum's acquisition details
Rossum got acquired by Coupa on May 13, 2026.
Click here to take a look at Rossum's acquisition in detail
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Rossum's funding and investors
Rossum has raised a total funding of $104M over 3 rounds. Its first funding round was on Feb 23, 2017. Its latest funding round was a Series A round on Oct 19, 2021 for $*****. 6 investors participated in its latest round. Rossum has 8 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Rossum:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2021 | 4389708 | Series A | 8964674 | 1049981 | 8250750 | 1157037 |
Nov 27, 2019 | 9302278 | Seed | 4762521 | 5241700 | 3886663 | |
Feb 23, 2017 | 5068008 | Seed | 7546878 | 9553807 | 5894458 |
View details of Rossum's funding rounds and investors
Rossum's founders and board of directors
Founder? Claim ProfileThe founders of Rossum are Petr Baudis, Tomas Gogar and Tomas Tunys. Tomas Gogar is the CEO of Rossum.
Here are the details of Rossum's key team members:
- Petr Baudis: Co-Founder & CTO of Rossum. They serve on the board of 1 company.Contact Info: 2 email addresses
- Tomas Gogar: Co-Founder & CEO of Rossum. They serve on the board of 1 company.Contact Info: 1 email address
- Tomas Tunys: Co-Founder & CSO of Rossum. Contact Info: 1 email address
Rossum's Board of Directors
Rossum's board has 3 active members. Petr Baudis and Tomas Gogar are part of team and Trevor Oelschig is independent board member.Here is the list of Rossum's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 4m | |
Team | - | Current | 9y 4m | |
Independent board member | - | Current | 4y 7m |
View details of Rossum's Founder profiles and Board Members
Rossum's employee count trend
Rossum has 189 employees as of Apr 26. Here is Rossum's employee count trend over the years:
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Rossum's Competitors and alternates
Top competitors of Rossum include Automattic, The Access Group and Visma. Here is the list of Top 10 competitors of Rossum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Automattic 2005, San Francisco (United States), Series E | Developer of open-source content management system | $896M | 85/100 | |
2nd | The Access Group 1991, Loughborough (United Kingdom), Acquired | Developer of business management software for finance human resources payroll | $1.49B | 82/100 | |
3rd | Developer of cloud software for business management and accounting tasks | $198M | 82/100 | ||
4th | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
5th | Airtable 2013, San Francisco (United States), Series F | Cloud and AI based low code workflow and app development platform | $1.35B | 79/100 | |
6th | Glean 2019, Palo Alto (United States), Series F | Cloud-based platform for enterprise search | $765M | 78/100 | |
7th | Kaltura 2006, New York City (United States), Public | Provider of video solutions for webinars, events, hubs, and virtual classrooms | $145M | 78/100 | |
8th | Pipefy 2015, San Francisco (United States), Series C | SaaS-based workflow and task management solution provider | $149M | 75/100 | |
9th | Intalio 1999, Palo Alto (United States), Acquired | Provider of suite solutions for business process management | $55.4M | 72/100 | |
10th | Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 72/100 | |
79th | Rossum 2017, London (United Kingdom), Acquired | AI-based platform for document processing | $104M | 59/100 |
Looking for more details on Rossum's competitors? Click here to see the top ones
Rossum's Investments and acquisitions
Rossum has made no investments or acquisitions yet.
News related to Rossum
Media has covered Rossum for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Coupa bets big on AI, optimization for volatile supply chainsFreightWaves•May 13, 2026•Coupa, Rossum
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Rossum Launches Specialist AI Agents to Automate Enterprise PaperworkPR Newswire•Feb 18, 2025•Rossum
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Rossum and KPMG Netherlands Partner to Help Global Enterprises Automate Their Document WorkflowsPR Newswire•Oct 15, 2024•Rossum, KPMG
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Rossum launches e-invoicing Germany plugin delivering a unified and compliant AP solutionPR Newswire•Sep 05, 2024•Rossum
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Rossum Streamlines NetSuite Integrations with 8Quanta PartnershipPR Newswire•Jul 08, 2024•Rossum, 8Quanta
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Rossum Announces Partnership with Clearsulting to Enhance Coupa IntegrationsPR Newswire•Jun 20, 2024•Rossum, Clearsulting
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AI document processing startup Rossum raises $100MSiliconAngle•Oct 20, 2021•Rossum, General Catalyst, LocalGlobe, Seedcamp and 7 others
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