Scrypt AI
AI data-capture platform that automates accounts payable and receivable for property managers, reading invoices, checks, and remittances and coding them to the general ledger with no templates or manual entry. Spun out of MIT-affiliated machine-learning firm Composable Analytics.
Best for: Property management operators drowning in invoice and check processing who want touchless AP/AR coding that syncs to Yardi rather than another generic OCR tool.
Last reviewed 6/2/26
- Integrations
- Yardi Voyager, CheckAlt, Finexio, Railz, Visa, AWS, Microsoft Azure, Atlas Global Advisors, JDR
- Property types
- Multifamily, Commercial, Property Management
- Geography served
- United States
How Scrypt AI uses AI[3][5]
Reads and codes invoices, checks, and remittances with no templates or manual data entry.
- • Uses OCR, computer vision, text analytics, and natural language processing on a machine-learning engine that learns from a customer's historical data
- • Matches each invoice to the right payment account and codes it to the general ledger
- • Pushes coded documents into ERPs such as Yardi Voyager
AI type: Intelligent document processing / AI data capture (OCR + computer vision + NLP) for AP/AR automation
API: unknown MCP: unknown
Recognition[6]
Key numbers[1][3][6]
- • Scrypt reports its customers have processed over $2 billion in transactions
- • holds SOC 1 Type 2 certification
- • spun out of MIT-affiliated Composable Analytics
- • selected for the Visa FinTech Fast-Track Program.
Credibility[3][4][6]
- Founders
- Andy Vidan, Ph.D. (CEO of Composable Analytics, co-founder) and Lars Fiedler (co-founder of Composable Analytics); both tied to MIT-affiliated Composable Analytics.
- Customers
- High-volume invoice processors in Property Management and TV & Film Production verticals.
- Investors
- Seed round led by Shai Stern (Co-Chairman/CEO of CheckAlt); participants include Cross River Bank, Ryan Gilbert (Propel Venture Partners), Omri Dahan (former CRO, Marqeta), Michael Weinberger (former Partner, York Capital Management). Later selected for the Visa FinTech Fast-Track Program.
Founded
2020
Headquarters
Cambridge, Massachusetts, USA
Stage
Seed
Employees
11-50
Sources
- Scrypt AI homepage (product, $2B processed, SOC 1 Type 2, verticals)
- Scrypt AI partners page (integrations)
- Scrypt AI spins off from MIT ML company (founders, techniques, HQ, Yardi)
- Scrypt AI Closes Seed Funding from Fintech Leaders (PRWeb, founded late 2020, seed, investors)
- Composable Analytics - Scrypt invoice and document coding (AI mechanism)
- CB Insights - Scrypt profile (founded 2020, Cambridge MA, Visa FinTech Fast-Track Program)
- Scrypt AI company LinkedIn (employee range, HQ, industry)
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