Ocrolus is a New York City-based fintech company, founded in 2014, that provides an AI-powered document automation platform for the lending industry. Its platform combines machine learning with human-in-the-loop verification to analyse financial documents with over 99% accuracy, producing structured data that lenders use to make underwriting decisions across small business funding, mortgage underwriting, and consumer lending.
The platform processes nearly one million credit applications every month and serves more than 400 customers, with 3,700+ active user accounts. Clients include Better Mortgage, Enova, PayPal, SoFi, and Square. Ocrolus has raised $110 million in funding and has been recognised by Forbes as a Next Billion Dollar Startup, named to the Inc. 5000 list of fastest-growing private companies, and acknowledged as one of NYC's Best Places to Work.
The company's technical work spans intelligent automation, document recognition, data extraction, and digital lending infrastructure. Its approach - pairing AI-driven analysis with human verification - is designed to reduce the manual effort and error rates that have historically slowed lending workflows. The stated mission is to expand access to credit by enabling lenders to make faster, more accurate decisions through better data.