What it sells
AI Document Understanding API
Business model breakdown
Buyer: who owns the budget?
Engineering/product teams at software and fintech companies embedding document capture (case studies: Lucca, Indy, Spendesk).
Trigger: what makes them buy now?
Need to automate extraction from invoices, receipts, IDs, bank statements in expense, AP, onboarding, claims or loan flows rather than manual entry.
Workflow: what inputs become what output?
Developer calls the API (or SDK/no-code) to classify, split and extract fields from documents with confidence scores, then routes results into the business process.
Economics: what it saves and how it charges
Subscription with credit volume tiers per page processed (about 0.044 per credit in the entry tier); Enterprise custom.
Distribution: how it reaches customers
Self-serve developer API with 14-day free trial, docs/SDKs, content/SEO comparisons; Enterprise by sales.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2021 | — | 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.