What it sells
Invofox is the document parsing and data extraction API for software…
Business model breakdown
Buyer: who owns the budget?
UnverifiedProduct/engineering leads at vertical SaaS and operations teams processing documents.
Trigger: what makes them buy now?
Manual document data entry and parsing that breaks in production; need guaranteed accuracy.
Workflow: what inputs become what output?
POST a PDF, get validated fields as JSON, with confidence scores, review and continuous learning from corrections.
Economics: what it saves and how it charges
Per-page usage billing; "Correct or it's free" credits back pages with wrong fields for 1M+ page/yr customers; claims 99.2% accuracy offer and e.g. 15h/week saved per advisor (AON).
Distribution: how it reaches customers
Self-serve free tier plus sales-assisted quotes for Scale/Enterprise.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Summer 2022 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.