Ephesoft develops machine-learning document capture and analytics platforms, including Transact and Insight, that extract and analyze unstructured content. Its products are used by financial institutions to accelerate mortgage processing and approvals and by government agencies to identify anomalies in more than two million background investigations. The platforms also support invoice approvals, patient record automation, and other document-driven business processes across industries. The company serves over 500 customers globally across financial services, federal government, insurance, mortgage and healthcare sectors in more than 30 countries. Ephesoft plans to use new funding to accelerate product development and expand operations, market presence and sales channels. The firm was founded in 2010 by Ike Kavas and is based in Laguna Hills, California.

Total raised

$15M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2017