1
ABBYY
United States
ABBYY helps enterprises gain a complete understanding of their business processes to accelerate digital transformation.
- Revenue
- $45M
- Year founded
- 1989
- Team size
- 978
Top 2 OCR Software Companies With $10M–$100M Revenue (October 2026)
As of October 2026, Latka tracks 2 OCR software companies with $10M–$100M in annual revenue. They have combined revenues of $65.2M and employ 1.2K people.
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
- 2
- Revenue
- $65.2M
- Funding
- -
- Employees
- 1.2K
Filters
Sorting: Highest -> Lowest
Top OCR Software Companies With $10M–$100M Revenue
Showing 2 of 2 companies ranked by annual revenue.
2
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
Frequently asked questions about OCR Software Companies With $10M–$100M Revenue
How many OCR software companies with $10M–$100M in annual revenue are there?
Latka tracks 2 OCR software companies with $10M–$100M in annual revenue. Together they generate $65.2M in annual revenue and employ 1.2K people.
Which OCR software company with $10M–$100M in annual revenue is the largest?
ABBYY is the largest, with $45M in annual revenue, founded in 1989.
How much revenue does a typical OCR software company with $10M–$100M in annual revenue make?
The average OCR software company in this list makes $32.6M a year, across 2 companies with reported revenue.
Who are the leading OCR software vendors with $10M–$100M in annual revenue?
Ranked by annual revenue, the leaders are ABBYY and AntWorks.
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.