# ABBYY

**Source:** https://www.startuphub.ai/startups/abbyy
**Profile type:** Startup

> ABBYY provides AI-powered solutions for intelligent document processing and process intelligence.

## About

ABBYY is an intelligent automation company that provides AI-powered solutions for document processing and process understanding. Their core offerings include Intelligent Document Processing (IDP) for efficient business process automation and Process Intelligence to discover, analyze, optimize, and predict business processes. ABBYY serves enterprises across various industries, including Financial Services, Public Sector, and Insurance, to accelerate digital transformation and automation initiatives.

## Key facts

- **Slug:** abbyy
- **Website:** https://www.abbyy.com/
- **Location:** Austin, United States
- **Founded:** 1989-01-01
- **Employees:** 960
- **Operating status:** Active
- **Total funding:** $100M
- **Sectors / tags:** Intelligent Document Processing, OCR, Process Mining, AI, Automation, Data Capture, Document AI, Process AI, Enterprise Software, SaaS
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/abbyy/
  - Twitter: https://x.com/ABBYY_Official
  - Facebook: https://www.facebook.com/ABBYY.Inc/

## Frequently asked

### What does ABBYY do?

ABBYY is an intelligent automation company that provides AI-powered solutions for document processing and process understanding. Their core offerings include Intelligent Document Processing (IDP) for efficient business process automation and Process Intelligence to discover, analyze, optimize, and predict business processes. ABBYY serves enterprises across various industries, including Financial Services, Public Sector, and Insurance, to accelerate digital transformation and automation initiativ…

### What is ABBYY's valuation?

StartupHub estimates ABBYY's effective valuation at $396.0M (range $250.0M to $600.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has ABBYY raised?

ABBYY has raised a total of $100M in funding. The most recent round on record is PE.

### Where is ABBYY headquartered?

ABBYY is headquartered in Austin, United States.

### When was ABBYY founded?

ABBYY was founded in 1989.

### What industry does ABBYY operate in?

ABBYY operates in Intelligent Document Processing, OCR, Process Mining, AI, Automation, Data Capture.

### How many employees does ABBYY have?

ABBYY has approximately 960 people on record.

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