# reciptor [AI]

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

> AI-powered automated expense management and invoice processing for businesses.

## About

Reciptor offers an AI-driven platform designed to automate expense management and invoice processing. It aims to streamline financial operations for businesses by intelligently extracting data from receipts and invoices, reducing manual data entry, and improving accuracy.

## Key facts

- **Slug:** reciptor-ai
- **Website:** https://reciptor.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2021-01-01
- **Operating status:** Inactive
- **Total funding:** $2M
- **Sectors / tags:** Invoice Processing, Expense Management, Financial Automation, Business Process Automation, AI Tool, Data Extraction, Workflow Automation

## Frequently asked

### What does reciptor [AI] do?

Reciptor offers an AI-driven platform designed to automate expense management and invoice processing. It aims to streamline financial operations for businesses by intelligently extracting data from receipts and invoices, reducing manual data entry, and improving accuracy.

### What is reciptor [AI]'s valuation?

StartupHub estimates reciptor [AI]'s effective valuation at $5.2M (range $3.8M to $9.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has reciptor [AI] raised?

reciptor [AI] has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is reciptor [AI] headquartered?

reciptor [AI] is headquartered in Tel Aviv, Israel.

### When was reciptor [AI] founded?

reciptor [AI] was founded in 2021.

### What industry does reciptor [AI] operate in?

reciptor [AI] operates in Invoice Processing, Expense Management, Financial Automation, Business Process Automation, AI Tool, Data Extraction.

### What is reciptor [AI]'s current status?

reciptor [AI]'s current operating status is: Inactive.

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