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Acquired by Unknown
Esker

Esker

AI document automation for AR/AP

AcquiredLate StagePredictive MLEMEA
Founded1985
Headquarters🇫🇷 Lyon
Employees1,001-5,000

About

Esker provides AI-powered source-to-pay and order-to-cash automation. $235M revenue in 2024, up from $189M (2023). 6K customers including NVIDIA, Sony, Heineken. Only vendor in both Gartner Magic Quadrants for S2P and I2C (2024). Registered as official French e-invoicing partner (PDP). 1,000+ employees, founded 1985 in Lyon.

Key Facts

  1. [1]Founded: Founded in 1985 in Lyon, France.
  2. [2]Employees: Employee count: 1,001-5,000.
  3. [3]Company Type: Acquired company.
  4. [4]Website: Official website: esker.com.
  5. [5]AI Technology: Core AI/ML technologies: Predictive ML.
  6. [6]Region: Region: EMEA (France).

Founder

J

Jean-Michel Bérard

Co-founder & CEO

AI Technology

Predictive ML

Traditional ML algorithms for classification, regression, and scoring models

Classification

Market Segments

Tech Stack Layers

Details

Funding RoundPublic
Age41 years
Country🇫🇷 France
Websiteesker.com

Frequently Asked Questions

What is Esker?

Esker provides AI-powered source-to-pay and order-to-cash automation. $235M revenue in 2024, up from $189M (2023). 6K customers including NVIDIA, Sony, Heineken. Only vendor in both Gartner Magic Quadrants for S2P and I2C (2024). Registered as official French e-invoicing partner (PDP). 1,000+ employees, founded 1985 in Lyon. Esker is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.

Who founded Esker?

Esker was founded by Jean-Michel Bérard (Co-founder & CEO) in 1985 in Lyon, France. The company has been operating for 41 years.

What AI technology does Esker use?

Esker primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.

What market segment does Esker operate in?

Esker operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.

Where is Esker headquartered?

Esker is headquartered in Lyon, France. The company operates in the EMEA region. The team consists of 1,001-5,000 employees. France is home to 8 financial AI companies tracked by AIFI Map.

Who are Esker's competitors?

Companies similar to Esker in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)

What products does Esker offer?

Esker builds applications-layer solutions for the financial services industry. The company's core offering: AI document automation for AR/AP. The platform is powered by Predictive ML technology.

Is Esker publicly traded?

Esker is no longer independently traded. The company was acquired by another company.