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Top 4 OCR Software Companies (August 2026)

As of August 2026, Latka tracks 4 OCR software companies. They have combined revenues of $32.6M and employ 311 people. They have raised $65M.

Every company below sells OCR software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What OCR Software Companies do

OCR software, or Optical Character Recognition software, is designed to convert different types of documents, such as scanned paper documents, PDF files, or images taken by a digital camera, into editable and searchable digital data. This technology enhances productivity by allowing users to extract text from images and automate data entry tasks, reducing the need for manual transcription. Common use cases for OCR software include invoice processing, document management in healthcare, legal documentation, and extracting text from printed materials in various industries. Typical features of OCR software include image preprocessing, text recognition, support for multiple languages, and integration with other systems for automated workflows. The primary user personas include professionals in finance, legal, logistics, and healthcare, who seek to improve accuracy and efficiency in their operations.

Companies
4
Revenue
$32.6M
Funding
$65M
Employees
311

Filters

Sorting: Highest -> Lowest

Filters

Top OCR Software Companies by revenue

Showing 4 of 4 companies ranked by annual revenue.

1AntWorks logo
AntWorks

London, England, United Kingdom

AntWorks is a global leader in Intelligent Document Processing. We have built proprietary AI, ML and NLP technologies to unlock, classify and digitise vital data in the full range of business documents. CMR+, our enterprise grade platform, understands and contextualises information with unrivalled accuracy and minimal intervention. Designed for flexibility, it is a low-code no-code solution that can be-self configured by business users and processes hard-to-read, unstructured content from emails, contracts, reports, tables, images and handwriting without the need for templating, even in complex use cases.

Revenue
$20.2M
Year founded
2015
Team size
184
2Unstructured logo
Unstructured

Sacramento, California, United States

At Unstructured, we're on a mission to give organizations access to all their data. We know the world runs on documents—from research reports and memos, to quarterly filings and plans of action. And yet, 80% of this information is trapped in inaccessible formats leading to inefficient decision-making and repetitive work. Until now. Unstructured captures this unstructured data wherever it lives and transforms it into AI-friendly JSON files for companies who are eager to fold AI into their business.

Revenue
$7.7M
Year founded
2022
Funding
$65M
Team size
85
3Scan123 logo
Scan123

Portland, Oregon, United States

Scan123 is a SaaS-based company located in Portland, Oregon. We provide a document management platform allowing businesses to quickly, easily, and securely store, find, and share their files while maintaining regulatory compliance. Our document management solution combines advanced OCR functionality, secure file-sharing capabilities, and time-saving automations that allow businesses to focus on their core objectives instead of dealing with the burdensome chore of paperwork.

Revenue
$4.3M
Team size
39
4Doculayer.ai logo
Doculayer.ai

Den Haag, Zuid-Holland, Netherlands

Doculayer.ai is the Intelligent Content Platform that processes and manages unstructured information, such as scanned documents and images, using innovative Artificial Intelligence (AI) and machine learning (ML) technologies. In doing so, the platform can automatically analyse, enhance, enrich and improve the findability of large quantities of data. The Doculayer.ai platform integrates seamlessly with business applications and processes in the current IT landscape, which means it can process unstructured content in existing systems. This enables companies to respond to the explosive growth of information and the actions required to store data in the correct manner, compliant with privacy legislation (GDPR).

Revenue
$330K
Team size
3

Frequently asked questions about OCR Software Companies

How many OCR software companies are there?

Latka tracks 4 OCR software companies with reported revenue. Together they generate $32.6M in annual revenue and employ 311 people.

Which OCR software company is the largest?

AntWorks is the largest, with $20.2M in annual revenue, founded in 2015.

How much revenue does a typical OCR software company make?

The average OCR software company in this list makes $8.1M a year, across 4 companies with reported revenue.

Who are the leading OCR software vendors?

Ranked by annual revenue, the leaders are AntWorks, Unstructured, Scan123 and Doculayer.ai.

How much funding have OCR software companies raised?

The 4 OCR software companies tracked here have raised $65M in disclosed funding between them.

Related Content Management Systems categories

Inclusion Criteria

- The product must accurately convert scanned images or documents into machine-readable text. - It should enable users to edit and search the converted text easily. - The software must support various file formats, including PDFs and images. - Capable of batch processing documents to handle large volumes efficiently. - Must provide features for text recognition in multiple languages. - Not just focused on document scanning; must also include integration capabilities with other software applications.