Docsumo
Intelligent document processing platform that automates data extraction from rent rolls, insurance forms, and financial documents for CRE lenders and property managers.
How they use AI
CNN/RNN-based OCR combined with custom NLP models extracts structured data from CRE documents including rent rolls, T12 operating statements, ACORD insurance certificates, and utility bills. Self-learning models retrain on user corrections, improving accuracy for institution-specific document formats.
AI type: OCR, NLP, Machine Learning
What it helps you do
Built for
Key numbers
- • 99% accuracy on insurance forms
- • 95%+ straight-through processing rate
- • 97.5% time savings for Westland (14,000 units)
- • 30+ pre-built document models
Credibility
- Founders
- Rushabh Sheth (CEO, IIT Bombay/IIM Bangalore) and Bikram Dahal (CTO, engineering background)
- Customers
- Arbor Realty Trust, Westland Real Estate Group (14,000+ units), Greystone. Claims 10,000+ businesses on platform.
- Investors
- Fifth Wall, Common Ocean, Arbor Realty Trust, Sequoia Capital (scout), Barclays/Techstars
- Reviews
- G2 4.7/5 (56 reviews), Capterra 4.3/5 (9 reviews)
- Case Studies
- Arbor Realty Trust: 99% accuracy on ACORD forms, 95%+ straight-through processing. Westland: 97.5% time savings on 2,000+ utility bills/month.
Founded
2018
Headquarters
New York, NY
Stage
Seed
Employees
51-200
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