Xtracta provides technology, powered by artificial intelligence that automatically captures data from documents. Supporting scanned, photographed or digital documents, the technology is designed to be embedded into mobile, cloud or desktop applications via an easy to use API. Utilising machine learning and Big Data, the technology doesn't require manual template setup and can scale to a limitless count of document designs; perfect for document types like invoices, receipts, contracts and more. Xtracta's technology is typically used by software companies, outsourcing providers or business process solution providers. Delivered over the cloud, the technology is simple to deploy for many applications including those in the cloud or on-premise.
2010
Founded
$1.6M
2022 Revenue
YOY
Funding
Xtracta Revenue
In 2022, Xtracta revenue run rate hit $1.6M in revenue.
2021
Xtracta hit $1.6M in revenue in 2021
2010
Xtracta launched in 2010 with $0 revenue
Xtracta Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
FUNDING DATE | ROUND | AMOUNT | VALUATION |
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Team
Xtracta has 19 total employees and 2 sales reps that carry a quota. They have 1000 customers an engineering team of 10
DISTRIBUTION | QTY |
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Total team size | 19 |
Engineer | 10(53%) |
Sales | 2(11%) |
Marketing | 0(0%) |
CEO/Founder
Founder and CEO, Jonathan Spence became frustrated with the lack of innovation in the available software. Coupled with this was the high cost and length of deployment associated with templating documents and the extreme high complexity of the software. Driven by the desire to make great quality, innovative software that was easy to use, easy to deploy and low cost, Jonathan started Xtracta in 2010 to develop the cloud-based, licensable technology that is available today. Today, the company boasts a world-class Artificial Intelligence (AI) research team who bring together their vast academic knowledge – several of whom hold PhDs in this specialist area – and commercial experience from around the world.
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Customers
Xtracta has 1K customers.
Lifetime Months
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Monthly ARPU
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Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
Xtracta has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Xtracta
Monthly Revenue
$133K
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Total Expenses
$0.0
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Net Income
$0.0
EBIDTA Margin
0.0%
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YOY Growth
0.0%
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Rule of 40
0
Xtracta Board of Directors
Name | Position |
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Xtracta Executives
Name | Position |
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Jonathan Spence | CEO |
Xtracta Employees
Name | Position |
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Jonathan Spence | CEO |
Frequently Asked Questions about Xtracta
When was Xtracta founded?
Xtracta was founded in 2010.
How much revenue does Xtracta generate?
Xtracta generates $1.6M in revenue.
Who is the CEO of Xtracta?
The CEO of Xtracta is Jonathan Spence.
How much funding does Xtracta have?
Xtracta was raised $0.
How many employees does Xtracta have?
Xtracta has raised 19 employees.
Where is Xtracta headquarters?
Xtracta headquater is at New Zealand