About Ocrolus
Ocrolus is a Financial Services company based in New York (United States) founded in 2014 by Peter Bobley and Victoria Meakin. It operates as a provider of bank accounts auditing solutions for businesses. It operates in the Financial Services and Technology sectors. Ocrolus has raised $122.31 million across 4 funding rounds from investors including Cross River, Mubadala and Fin Capital. The company has 986 employees. Ocrolus was last valued at $500 million in September 2021. Its website ocrolus.com draws about 30 thousand monthly visits. Its Indian entity Ocrolus East Private Limited reported revenue of ₹113 Cr. Ocrolus offers products and services including Document Automation Software and Fraud Detection Service. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its competitors include AuditBoard, Auditoria.AI, Caseware, FISCAL Technologies and Navix and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Founded in 2014 and based in New York, United States, solutions for auditing business bank accounts are offered in the financial technology sector. Financial transactions, bills, and statements are analyzed to identify fraudulent charges or unauthorized payments. Optical Character Recognition for transaction detection, crowdsourced data validation, and algorithmic reconciliation are employed, with accuracy maintained across varying document qualities.
- Headquarters New York, United States
- Employees 986
- Founders Peter Bobley, Victoria Meakin
- Stage Minicorn
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website ocrolus.com
- Social LinkedIn X Facebook YouTube
- Legal Name Ocrolus East Private Limited
- Date of Incorporation 13 Jul, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹113 Cr
FY 2025 · +12% YoY
- Net Profit₹8.37 Cr
FY 2025 · 7% margin
- EBITDA₹12.11 Cr
FY 2025 · 11% margin
- Total Equity Funding$122.31M (USD)
in 4 rounds
- Latest Funding Round$80M (USD), Series C
Sep 2021
- InvestorsCross River
& 18 more
- Employee Count986
Associated legal entities of Ocrolus
Ocrolus operates through Ocrolus East Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ocrolus East Private Limited CIN U72900DL2016FTC302980 | Active | 13 Jul 2016 | New Delhi, Delhi | ₹113 Cr | 986 | 3 | View details |
Products & Services of Ocrolus
Ocrolus offers a comprehensive portfolio of products and services, including Document Automation Software and Fraud Detection Service.
Automates extraction and analysis of financial documents for accuracy.
Identifies suspicious activity in documents for risk mitigation.
Apps and channels of Ocrolus
its YouTube channel Ocrolus has 661 subscribers and 30 videos.
Videos from Ocrolus
The most watched videos on Ocrolus's YouTube channel, Ocrolus (661 subscribers). Click a video to play it here.
More on Ocrolus.
Funding Insights of Ocrolus
Ocrolus has successfully raised a total of $122.31M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $80 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $122.31M
- Total Rounds 4
- Last Round Series C — $80M
- First Round $4M
(Apr 2018)
- Investors Count 19
All 4 funding rounds of Ocrolus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $80M | Series C | $500M | Fin Capital, Thomvest Ventures | – |
| Nov 2020 | $13.47M | Series B | – | – | – |
| Jun 2019 | $24.85M | Series B | – | Oak HC/FT | |
| Apr 2018 | $4M | Series A | – | Bullpen Capital |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $500M | •••••••• |
Last known valuation $500M (Sep 2021). 19 investors in total: 13 institutional and 6 angel.
Investors in Ocrolus
Ocrolus has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Cross River, Mubadala and Fin Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on fintech and B2B SaaS companies | – | fin.capital | San Francisco, United States | |
Investments are directed toward fintech, cybersecurity, and martech sectors. | – | thomvest.com | San Francisco, United States | |
Investments are made in early-stage healthtech and fintech startups. | – | oakhcft.com | Stamford, United States | |
Investments in FinTech startups are managed by the firm. | – | fintech.io | - | |
Seed & early stage tech-focused venture capital firm investing in the US and Canada | – | bullpencap.com | San Francisco, United States | |
Early-stage investments are provided in B2B data-driven platforms. | – | valuestreamventures.com | - | |
Venture capital fund investing in early-stage start-ups | – | qedinvestors.com | Alexandria, United States | |
Seed-stage funding is provided to US tech companies by Laconia. | – | laconiacapitalgroup.com | New York, United States | |
Venture capital firm backed by RiverPark Funds group | – | riverparkvc.com | New York, United States | |
- | – | invictagrowth.com | - |
Investor details for Ocrolus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Ocrolus East Private Limited (Ocrolus)
Ocrolus East Private Limited is the primary company behind Ocrolus. The board of Ocrolus East Private Limited currently have 3 directors; the longest-serving is Bhuvnesh Narang, appointed in 2020. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhuvnesh Narang DIN 08681893 | Director | 21 Feb 2020 | 6 yrs 7 mo | Ocrolus East Private Limited |
| Vikas Ravi Dua DIN 08692351 | Director | 21 Feb 2020 | 6 yrs 7 mo | Ocrolus East Private Limited |
| Conor Odonoghue DIN 08692368 | Director | 21 Feb 2020 | 6 yrs 7 mo | Ocrolus East Private Limited |
People of Ocrolus
78 people are tracked at Ocrolus (31 in leadership, 47 in team); the tracked headcount is 986.
| Name | Role | Group |
|---|---|---|
Peter Bobley | Co-Founder | Leadership |
Victoria Meakin | Co-Founder & President | Leadership |
David Snitkof | VP of Analytics | Leadership |
Prashant Kumar | Senior Director Of Engineering | Leadership |
| Chief Operating Officer | Leadership | |
Sam Bobley | Co-founder & CEO | Leadership |
Pieter Niel | Chief Technology Officer | Leadership |
Lori Golden | Director of Talent Acquisition | Leadership |
Deepti Dhingra | Vice President Of People | Leadership |
Andrew Barnes | Director, Revenue Operations | Leadership |
Anjani Kumar | Director Of Operations | Leadership |
Michael Masters | Director Of Account Management | Leadership |
Flaviu Andreescu | VP Of Engineering - Infrastructure & ML | Leadership |
Zach Haehn | Chief Technology Officer | Leadership |
David Gipson | Director Sales Engineering | Leadership |
| Chief Financial Officer | Leadership | |
John Lowenthal | VP Of Sales | Leadership |
Ujjawal Kumar | Director Of Business Analytics | Leadership |
Andrew Rains | Chief Revenue Officer | Leadership |
Phoebe Wahby | People Business Partner | Leadership |
58 more people are available in the full profile.
Complete people profiles for Ocrolus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ocrolus
Figures of Ocrolus East Private Limited, the primary company behind Ocrolus, for FY 2025. Revenue was ₹113 Cr (+12% year on year). Net profit was ₹8.37 Cr (7% margin). EBITDA was ₹12.11 Cr (11% margin). Revenue has grown at a compounded annual rate of +12% over three years and +64% over five years.
- ₹113 CrRevenue · FY 2025 · +12% YoY
- ₹8.37 CrNet profit · 7% margin
- ₹12.11 CrEBITDA · 11% margin
- ₹2 LakhPaid-up capital
- 986Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +64%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ocrolus East Private Limited are on its company page.
Detailed financial statements for Ocrolus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ocrolus
4 dated milestones of Ocrolus across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Ocrolus is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series C, of $80.0M.
- Milestone Reaches Minicorn status.
Competitors of Ocrolus
Ocrolus has 9 listed competitors in our database, 7 of them funded. They include AuditBoard, Auditoria.AI, Caseware, FISCAL Technologies and Navix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| auditboard.com | 2014 | Cerritos, United States | $43.61M | 642 | Cloud-based GRC and audit management solutions are provided. | |
| auditoria.ai | 2019 | Menlo Park, United States | $60.52M | 26 | AI-driven audit automation solutions for enterprises are provided. | |
| caseware.com | 1988 | Toronto, Canada | – | 4 | Accounting and auditing software solutions are supplied worldwide. | |
| fiscaltec.com | 2002 | Raleigh, United States | $4.81M | – | Cloud-based audit and risk management solutions are provided for businesses. | |
| navix.io | 2021 | Santa Rosa Beach, United States | $9.73M | 22 | Navix is recognized for providing automated freight audit solutions. | |
| nomentia.com | 2004 | Tampere, Finland | – | – | Cloud-based payment gateway solutions are provided for online transactions. | |
| supervizor.com | 2009 | Paris, France | $25.69M | – | Auditing and internal control software is offered to businesses. | |
| confirmation.com | 2000 | Nashville, United States | $63M | 99 | Electronic audit confirmation services are provided to auditors and clients. | |
| myworkpapers.com | 2009 | Newport Pagnell, United Kingdom | $4.44M | 17 | Cloud-based financial and compliance audit software is provided for professionals. |
Detailed competitors of Ocrolus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Ocrolus
The website of Ocrolus (ocrolus.com) receives about 30K visits a month.
- Monthly visits30K
▼ 9.1% vs previous month
Websites whose visitors overlap most with Ocrolus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| turnkey-lender.com | 100% | 24.7K | #1,214,786 | View details | |
hesfintech.com | hesfintech.com | 100% | – | #1,740,914 | – |
| inscribe.ai | 100% | 35.9K | #912,135 | View details | |
| tabs.inc | 100% | 2K | #8,636,512 | View details | |
| rapidinnovation.io | 100% | 55.9K | #646,770 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Ocrolus
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Verified entity values are shown only after access is granted.
Latest news on Ocrolus
Complete news archive for Ocrolus
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Ocrolus (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Ocrolus
Ocrolus was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Ocrolus is headquartered in New York, United States. It is registered at New York, New York, United States.
Ocrolus is a funded company, having raised a total of $122.31M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Apr 2018.
Ocrolus has 986 employees.
The primary company behind Ocrolus, Ocrolus East Private Limited, reported revenue of ₹113 Cr for FY 2025, up 12% year on year.
Founded in 2014 and based in New York, United States, solutions for auditing business bank accounts are offered in the financial technology sector. Financial transactions, bills, and statements are analyzed to identify fraudulent charges or unauthorized payments. Optical Character Recognition for transaction detection, crowdsourced data validation, and algorithmic reconciliation are employed, with accuracy maintained across varying document qualities.
Ocrolus's top competitors include AuditBoard, Auditoria.AI and Nomentia.
Ocrolus offers Document Automation Software and Fraud Detection Service.
Ocrolus has 19 investors. Key investors include Cross River, Mubadala, Fin Capital, Thomvest Ventures, and Oak HC/FT.
The valuation of Ocrolus is $500M as of Sep 2021.
Ocrolus operates through Ocrolus East Private Limited.
The legal entities of Ocrolus currently have 3 directors, including Bhuvnesh Narang, Vikas Ravi Dua, Conor Odonoghue.