# Algotext

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

> AI-powered platform for automated data extraction from financial documents.

## About

Algotext leverages advanced AI and computer vision to accurately extract data from invoices and other financial documents. Their solution aims to streamline financial operations by automating manual data entry and reducing errors.

## Key facts

- **Slug:** algotext
- **Website:** https://algotext.io/
- **Founded:** 2019-03-01 00:00:00
- **Employees:** 2
- **Operating status:** Active
- **Sectors / tags:** Fintech, Invoice, Document Automation, Data Extraction, Computer Vision, Enterprise Software, Workflow Automation, Document Processing, Automation

## Frequently asked

### What does Algotext do?

Algotext leverages advanced AI and computer vision to accurately extract data from invoices and other financial documents. Their solution aims to streamline financial operations by automating manual data entry and reducing errors.

### What is Algotext's revenue?

StartupHub estimates Algotext's annual revenue at $540K (range $488K to $685K, 63% confidence), based on comparable companies in the sector.

### When was Algotext founded?

Algotext was founded in 2019.

### What industry does Algotext operate in?

Algotext operates in Fintech, Invoice, Document Automation, Data Extraction, Computer Vision, Enterprise Software.

### How many employees does Algotext have?

Algotext has approximately 2 people on record.

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