2024 Revenue
$10.3M
Funding
$3.5M
YOY
63.5%
Team
86
Founded
2019
How Docsumo CEO Rushabh Sheth grew to $10.3M revenue with a 86 person team in 2024.
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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Docsumo Hit $10.3m revenue in October 2024 | |
| 2023 | Docsumo Hit $6.3m revenue in November 2023 | |
| 2022 | Docsumo Hit $2.5m revenue in November 2022 | |
| 2022 | Docsumo Hit $2.5m revenue in March 2022 | |
| 2021 | Docsumo Hit $1.3m revenue in November 2021 | |
| 2021 | Docsumo Hit $1.3m revenue in April 2021 | |
| 2019 | Launched 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 round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Seed Round | $3.5M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 86 employees (December 2024) |
| 2024 | Reached 79 employees (March 2024) |
| 2023 | Reached 52 employees (November 2023) |
| 2023 | Reached 52 employees (July 2023) |
| 2022 | Reached 21 employees (November 2022) |
| 2022 | Reached 21 employees (March 2022) |
| 2021 | Reached 15 employees (November 2021) |
| 2021 | Reached 15 employees (April 2021) |
| 2020 | Reached 8 employees (November 2020) |
Frequently Asked Questions about Docsumo
What is Docsumo's revenue?
Docsumo generates $10.3M in revenue.
Who is the CEO of Docsumo?
The CEO of Docsumo is Rushabh Sheth.
How much funding does Docsumo have?
Docsumo raised $3.5M.
How many employees does Docsumo have?
Docsumo has 86 employees.
Where is Docsumo headquarters?
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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