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Docsumo Revenue & Funding (2024)

Docsumo generated an estimated $10.3M in annual revenue in 2024. Source: GetLatka estimate

Docsumo is an AI-powered document data extraction and management platform that helps businesses automate their document processing workflows. The platform uses advanced optical character recognition (OCR) technology and machine learning algorithms to extract data from unstructured documents, such as invoices, receipts, and contracts, and convert it into structured data that can be easily analyzed and integrated into business systems. With features such as automated data extraction, intelligent data validation, and customizable workflows, Docsumo aims to help businesses reduce their manual data entry and processing costs and improve their data accuracy and compliance. The platform also offers integrations with popular business applications and cloud services, such as QuickBooks, Xero, and Zapier, enabling businesses to automate their data entry and processing across their systems.

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Docsumo Revenue

In 2024, Docsumo's revenue reached $10.3M. The company previously reported $6.3M in 2023. Since its launch in 2019, Docsumo has shown consistent revenue growth.

Docsumo Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$2.5M$5M$7.5M$10M$12.5M201920202021202220232024$0$1.3M$2.5M$6.3M$10.3MSource: GetLatka.com
YearMilestoneSource
2024Docsumo Hit $10.3m revenue in October 2024Estimated
2023Docsumo Hit $6.3m revenue in November 2023Estimated
2022Docsumo Hit $2.5m revenue in March 2022Not recorded
2021Docsumo Hit $1.3m revenue in April 2021Not recorded
2019Launched with $0 revenue

Docsumo Valuation, Funding Rounds

Docsumo has not publicly disclosed its valuation. The company has raised $3.5M in total funding to date.

Docsumo has raised $3.5M in total funding across 1 round, most recently a $3.5M Seed round in 2022.

Docsumo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$750K$0.4$1.5M$0.6$2.3M$0.8$3M$1$3.8M2019202020212022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Seed$3.5M--Not recorded

Customers

We do not have customer count information for Docsumo yet.

Docsumo Employees & Team Size

Docsumo employs approximately 86 people as of 2026, up from 52 in 2023.

Docsumo Team GrowthReported headcount over time020406080100201920202021202220232024008686Source: GetLatka.com
YearMilestoneSource
2024Reached 86 employees (December 2024)Not recorded
2024Reached 79 employees (March 2024)Not recorded
2023Reached 52 employees (November 2023)Not recorded
2023Reached 52 employees (July 2023)Not recorded
2022Reached 21 employees (November 2022)Not recorded
2022Reached 21 employees (March 2022)Not recorded
2021Reached 15 employees (November 2021)Not recorded
2021Reached 15 employees (April 2021)Not recorded
2020Reached 8 employees (November 2020)Not recorded

Frequently Asked Questions about Docsumo

What is Docsumo's revenue?

As of 2024, Docsumo generated an estimated $10.3M in annual revenue.

Who is the CEO of Docsumo?

The CEO of Docsumo is Rushabh Sheth.

How much funding does Docsumo have?

Docsumo raised $3.5M across 1 round.

How many employees does Docsumo have?

As of 2024, Docsumo had 86 employees.

Where is Docsumo headquartered?

Docsumo is headquartered in Singapore, Singapore.

Compare Docsumo to the industry

Docsumo operates across multiple industries. Browse revenue, funding, and growth data for Docsumo in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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