Top Intelligent Document Processing startups
There are 65 Intelligent Document Processing startups which include HyperScience, fileAI, AntWorks, Deepjudge Ai, CogniQuest. Out of these, 30 startups are funded, with 14 having secured Series A+ funding. United States has the most number of companies in Intelligent Document Processing (21), followed by India
(10), and then United Kingdom (7).
Over the past 10 years, an average of 4 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Aalto University and Anna University.
Here is the list of top Intelligent Document Processing Startups
1. HyperScience
AI-based robotic process automation platform for document processing. The platform uses AI technology such as machine learning for data extraction and changing handwritten notes into digital documents. The platform provides insights into the machine and manual data. It can be integrated with software for automating business processes.
Key facts about HyperScience
- Founded Year: 2013
- Location: New York City (United States)
- Stage: Series E
- Total Funding till date: $439M
- Investors: Tiger Global Management, Stripes and 24 Others
- Latest Funding Round: Series E, Dec 22, 2021, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 3 of 379 Competitors
2. fileAI
Developer of an AI-native platform for unstructured data workflow automation. The platform automates manual business processes across various industries. It leverages AI to automate data extraction, organization, and enrichment across diverse file types. The platform supports multiple languages, transforming knowledge-intensive processes into automated workflows.
Key facts about fileAI
- Founded Year: 2021
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $26M
- Investors: Illuminate Financial, Insignia Ventures Partners and 9 Others
- Latest Funding Round: Series A, Feb 06, 2025, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 63 of 7,956 Competitors
3. AntWorks
Provider of an AI-powered platform for document automation and data extraction. The company offers a platform designed for high-performance businesses, enabling them to process various document formats, including handwritten notes and tables. The platform allows users to configure document automation workflows without requiring technical expertise. It facilitates deployment across departments and industries, ensuring compliance and security. The AI toolkit empowers businesses to reduce manual effort and errors, accelerate decision-making, and ensure compliance in regulated industries. The platform is adaptable to various business needs across finance, insurance, healthcare, and other sectors.
Key facts about AntWorks
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $15M
- Investors: SBI Investment, Bangkok Bank InnoHub and 3 Others
- Latest Funding Round: Series A, Jul 30, 2018, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 93 of 7,956 Competitors
4. Deepjudge Ai
Developer of an AI platform for legal knowledge and workflow automation. The platform provides search capabilities to access institutional knowledge within a firm. It enables users to build AI applications and implement workflows. The platform facilitates data retrieval from multiple sources to complete tasks.
Key facts about Deepjudge Ai
- Founded Year: 2021
- Location: Switzerland
- Stage: Series A
- Total Funding till date: $51.9M
- Investors: Coatue, Felicis Ventures and 5 Others
- Latest Funding Round: Series A, Nov 04, 2025, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 24 of 951 Competitors
5. CogniQuest
Developer of AI-driven intelligent document processing and automation platform. The company offers a context-aware cognitive AI technology designed to extract, classify, validate, and reconcile data from complex, unstructured documents across industries. Its platform supports touchless, high-accuracy document workflows with no-code user configuration, enabling businesses to automate back-office processes such as contract management, invoice reconciliation, mortgage document processing, and pharmaceutical literature monitoring.
Key facts about CogniQuest
- Founded Year: 2022
- Location: Bengaluru (India)
- Stage: Seed
- Total Funding till date: $1.38M
- Investors: Cedar Hill Capital (formerly Cedar-IBSi Capital), LetsVenture and 18 Others
- Latest Funding Round: Seed, Jul 29, 2024, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 26 of 736 Competitors
