About
Rossum is an AI document processing platform serving 275+ enterprise businesses. Raised $109.5M total including $100M Series A from General Catalyst. Hit $44.9M revenue in 2024 with 167 employees. IDC MarketScape Leader 2023-2024. Coupa certified. Partners include KPMG Netherlands. Founded 2017 in Prague by PhD researchers.
Key Facts
- [1]Founded: Founded in 2017 in Prague, CZ.
- [2]Funding: Total funding: $111M. Last round: Jan 2024. Stage: Growth.
- [3]Employees: Employee count: 51-200.
- [4]Acquisition: Acquired by Coupa Software.
- [5]Company Type: Acquired company.
- [6]Website: Official website: rossum.ai.
- [7]AI Technology: Core AI/ML technologies: Computer Vision.
- [8]Region: Region: EMEA (CZ).
Founders
Tomáš Gogar
Co-founder & CEO
Petr Baudiš
Co-founder & CTO
AI Technology
Computer Vision
Image and video processing, OCR, and document extraction
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Rossum?
Rossum is an AI document processing platform serving 275+ enterprise businesses. Raised $109.5M total including $100M Series A from General Catalyst. Hit $44.9M revenue in 2024 with 167 employees. IDC MarketScape Leader 2023-2024. Coupa certified. Partners include KPMG Netherlands. Founded 2017 in Prague by PhD researchers. Rossum is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded Rossum?
Rossum was founded by Tomáš Gogar (Co-founder & CEO) and Petr Baudiš (Co-founder & CTO) in 2017 in Prague, CZ. The company was acquired by Coupa Software.
How much funding has Rossum raised?
Rossum has raised $111M in total funding, placing the company at the Growth stage. The most recent round closed in Jan 2024. Among 79 funded Enterprise Finance companies, Rossum ranks #28 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Rossum use?
Rossum primarily leverages Computer Vision technology. Image and video processing, OCR, and document extraction. Within the Enterprise Finance segment, 11 companies use this technology.
What market segment does Rossum operate in?
Rossum 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 Rossum headquartered?
Rossum is headquartered in Prague, CZ. The company operates in the EMEA region. The team consists of 51-200 employees. CZ is home to 2 financial AI companies tracked by AIFI Map.
Who are Rossum's competitors?
Companies similar to Rossum 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 Rossum offer?
Rossum builds applications-layer solutions for the financial services industry. The company's core offering: AI document understanding without templates. The platform is powered by Computer Vision technology.
Is Rossum publicly traded?
Rossum is no longer independently traded. The company was acquired by Coupa Software. Prior to the acquisition, Rossum had raised $111M in venture funding.