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Ocrolus Raises $24M to Modernize Workflows with a Human Touch

Written by CRETech | Jun 27, 2019 10:00:50 AM

NEW YORK, June 25, 2019 /PRNewswire/ -- Ocrolus, the only automation platform that analyzes financial documents with over 99% accuracy, today announced $24M in Series B funding led by Oak HC/FT, a premier venture growth equity fund with deep fintech expertise. Ocrolus is powered by an elegant blend of artificial intelligence and crowdsourced human quality control, enabling firms across the financial sector to automate high-stakes business processes with precision. The company will use its new funding to automate underwriting workflows for lenders and banks, and expand into new verticals.