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Founded Year

1989

Stage

Private Equity | Alive

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+338 points in the past 30 days

About ABBYY

ABBYY is a company specializing in intelligent automation and document understanding within the technology sector. Its main offerings include intelligent document processing platforms that capture and transform data from various document types and process intelligence solutions that provide insights for business process optimization. ABBYY's products are primarily utilized in industries such as financial services, insurance, transportation, public sector, and healthcare. It was founded in 1989 and is based in Milpitas, California.

Headquarters Location

890 Hillview Court Suite 300

Milpitas, California, 95035,

United States

408-457-9777

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ESPs containing ABBYY

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Enterprise Applications

The optical character recognition (OCR) market is related to technology that uses AI-driven, machine learning to identify and extract information from documents, without the need for pre-formed templates. This enables OCR to adapt to changing document formats and reduce errors arising from manual processing. OCR solutions can help organizations achieve compliance goals, reduce risk, deliver powerf…

ABBYY named as Outperformer among 15 other companies, including Adobe, Tata Consultancy Services, and Baidu.

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Expert Collections containing ABBYY

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ABBYY is included in 4 Expert Collections, including Robotic Process Automation.

R

Robotic Process Automation

322 items

RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.

C

Conference Exhibitors

5,302 items

D

Digital Banking

104 items

F

Fintech

9,304 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

ABBYY Patents

ABBYY has filed 348 patents.

The 3 most popular patent topics include:

  • artificial neural networks
  • artificial intelligence
  • machine learning
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/3/2021

10/15/2024

Galaxy clusters, Electronic documents, Content management systems, Figure skating elements, Document management systems

Grant

Application Date

11/3/2021

Grant Date

10/15/2024

Title

Related Topics

Galaxy clusters, Electronic documents, Content management systems, Figure skating elements, Document management systems

Status

Grant

Latest ABBYY News

ABBYY Unveils New Innovative Capabilities for Purpose-Built AI

Oct 30, 2024

AUSTIN, Texas--(BUSINESS WIRE)-- #ABBYYAscend--ABBYY Ascend showcased new capabilities for purpose-built AI that simplify businesses' success and accelerate ROI in their automation initiatives.

ABBYY Frequently Asked Questions (FAQ)

  • When was ABBYY founded?

    ABBYY was founded in 1989.

  • Where is ABBYY's headquarters?

    ABBYY's headquarters is located at 890 Hillview Court, Milpitas.

  • What is ABBYY's latest funding round?

    ABBYY's latest funding round is Private Equity.

  • Who are the investors of ABBYY?

    Investors of ABBYY include Marlin Equity Partners.

  • Who are ABBYY's competitors?

    Competitors of ABBYY include Akur8, Apromore, Cogniquest, Eigen Technologies, Indico Data and 7 more.

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Compare ABBYY to Competitors

Hyperscience Logo
Hyperscience

Hyperscience provides an enterprise AI platform that specializes in intelligent document processing and hyperautomation technologies. The company offers solutions that transform unstructured content into structured, actionable data, enabling businesses to automate complex, mission-critical processes. Hyperscience serves various sectors, including financial services, government agencies, and insurance companies. It was founded in 2014 and is based in New York, New York.

Tungsten Automation Logo
Tungsten Automation

Tungsten Automation specializes in intelligent automation and digital workflow transformation within the technology sector. The company offers artificial intelligence (AI)-powered software solutions that automate data-intensive workflows for various business-critical applications. Tungsten Automation was formerly known as Kofax. It was founded in 1985 and is based in Irvine, California.

Rossum Logo
Rossum

Rossum offers a document processing platform. It is an artificial intelligence (AI)--based cloud document gateway for automated business communication. It understands complex structured documents and enables companies to capture data from financial documents with human-level accuracy. It was founded in 2017 and is based in Prague, Czech Republic.

Instabase Logo
Instabase

Instabase focuses on automating business processes through artificial intelligence, operating within the technology and AI sectors. Its main offerings include AI-powered solutions for understanding, extracting, and analyzing unstructured data to streamline document processing and generate actionable insights. Instabase primarily serves sectors such as financial services, insurance, healthcare, and the public sector. It was founded in 2015 and is based in San Francisco, California.

Indico Data Logo
Indico Data

Indico Data specializes in artificial intelligence solutions for automated document intake across various industries. Its main offering includes an Intelligent Intake solution that automates the processing of unstructured data. It serves sectors such as the insurance industry, financial services, and healthcare, optimizing processes such as underwriting, claims, policy servicing, and revenue cycle management. It was founded in 2014 and is based in Boston, Massachusetts.

Cinnamon AI Logo
Cinnamon AI

Cinnamon AI provides AI-driven solutions for document processing within the financial sector. The company offers an AI document reader that extracts data from unstructured documents using document processing technologies. Cinnamon AI serves the financial industry with solutions for operational efficiency and data management. It was founded in 2012 and is based in Tokyo, Japan.

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