# OCR Labs

**Source:** https://www.startuphub.ai/startups/ocr-labs
**Profile type:** Startup

> AI-powered digital identity verification solutions to prevent fraud and streamline onboarding.

## About

IDVerse (formerly OCR Labs) offers identity verification solutions that leverage AI for document reading, fraud detection, and liveness confirmation. Their platform assists businesses in meeting KYC/AML regulations, mitigating fraud, and enhancing customer onboarding. They serve various industries including corporations, financial services, government, healthcare, and insurance.

## Key facts

- **Slug:** ocr-labs
- **Website:** https://risk.lexisnexis.com
- **Location:** London, United Kingdom
- **Founded:** 2014-01-01
- **Operating status:** Active
- **Total funding:** $90M
- **Sectors / tags:** AI, SaaS, Fintech, Identity Verification
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/ocr-labs/
  - Twitter: https://twitter.com/LexisNexisRisk
  - Facebook: https://www.facebook.com/LexisNexisRisk

## Frequently asked

### What does OCR Labs do?

IDVerse (formerly OCR Labs) offers identity verification solutions that leverage AI for document reading, fraud detection, and liveness confirmation. Their platform assists businesses in meeting KYC/AML regulations, mitigating fraud, and enhancing customer onboarding. They serve various industries including corporations, financial services, government, healthcare, and insurance.

### What is OCR Labs's revenue?

StartupHub estimates OCR Labs's annual revenue at $41.7M (range $20.7M to $77.8M, 34% confidence), based on comparable companies in the sector.

### What is OCR Labs's valuation?

StartupHub estimates OCR Labs's effective valuation at $91.7M (range $41.3M to $262.7M, 44% confidence), based on comparable companies in the sector.

### How much funding has OCR Labs raised?

OCR Labs has raised a total of $90M in funding. The most recent round on record is Series B.

### Where is OCR Labs headquartered?

OCR Labs is headquartered in London, United Kingdom.

### When was OCR Labs founded?

OCR Labs was founded in 2014.

### What industry does OCR Labs operate in?

OCR Labs operates in AI, SaaS, Fintech, Identity Verification.

## JSON-LD

Structured data aligned with this page's `<script type="application/ld+json">` (included when the profile is server-rendered).

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://www.startuphub.ai"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Startups",
          "item": "https://www.startuphub.ai/startups"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "OCR Labs",
          "item": "https://www.startuphub.ai/startups/ocr-labs"
        }
      ]
    },
    {
      "@type": "ProfilePage",
      "@id": "https://www.startuphub.ai/startups/ocr-labs#webpage",
      "url": "https://www.startuphub.ai/startups/ocr-labs",
      "name": "OCR Labs - AI Startup Profile | StartupHub.ai",
      "description": "This is the official profile of OCR Labs. OCR Labs is a startup founded in 2014, operating in AI and SaaS. AI-powered digital identity verification solutions to prevent fraud and streamline onboarding. Headquartered in London, United Kingdom.",
      "dateModified": "2026-05-01T10:39:55.16296+00:00",
      "mainEntity": {
        "@id": "https://www.startuphub.ai/startups/ocr-labs#organization"
      }
    },
    {
      "@type": "Organization",
      "@id": "https://www.startuphub.ai/startups/ocr-labs#organization",
      "name": "OCR Labs",
      "url": "https://risk.lexisnexis.com",
      "description": "This is the official profile of OCR Labs. OCR Labs is a startup founded in 2014, operating in AI and SaaS. AI-powered digital identity verification solutions to prevent fraud and streamline onboarding. Headquartered in London, United Kingdom.",
      "sameAs": [
        "https://www.linkedin.com/company/ocr-labs/",
        "https://twitter.com/LexisNexisRisk",
        "https://www.facebook.com/LexisNexisRisk",
        "https://www.startuphub.ai/startups/ocr-labs"
      ],
      "foundingDate": "2014-01-01",
      "address": {
        "@type": "PostalAddress",
        "addressLocality": "London",
        "addressCountry": "GB"
      },
      "knowsAbout": [
        "AI",
        "SaaS",
        "Fintech",
        "Identity Verification"
      ]
    },
    {
      "@type": "Product",
      "@id": "https://www.startuphub.ai/startups/ocr-labs#profile-assessment",
      "name": "OCR Labs - StartupHub.ai Profile Assessment",
      "url": "https://www.startuphub.ai/startups/ocr-labs",
      "category": "AI",
      "description": "This is the official profile of OCR Labs. OCR Labs is a startup founded in 2014, operating in AI and SaaS. AI-powered digital identity verification solutions to prevent fraud and streamline onboarding. Headquartered in London, United Kingdom. Agent Readiness score: 22/100. Full audit: https://www.startuphub.ai/startups/ocr-labs/agent-readiness",
      "brand": {
        "@type": "Brand",
        "name": "OCR Labs"
      },
      "review": {
        "@type": "Review",
        "author": {
          "@type": "Organization",
          "name": "StartupHub.ai"
        },
        "datePublished": "2026-05-01",
        "name": "OCR Labs - Profile Score 54/100",
        "reviewBody": "This is the official profile of OCR Labs. OCR Labs is a startup founded in 2014, operating in AI and SaaS. AI-powered digital identity verification solutions to prevent fraud and streamline onboarding. Headquartered in London, United Kingdom. Agent Readiness score: 22/100. Full audit: https://www.startuphub.ai/startups/ocr-labs/agent-readiness",
        "reviewRating": {
          "@type": "Rating",
          "ratingValue": 54,
          "bestRating": 100,
          "worstRating": 0
        }
      }
    }
  ]
}
```