Ephesoft
- Company typePrivate
- Founded2010
- HeadquartersIrvine, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Ephesoft firmographics
Firmographics- Name
- Ephesoft
- Legal name
- Ephesoft Inc.
- Website
- https://ephesoft.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Ephesoft industry classification
Industry- Product category
- Intelligent Document Processing Software
- NAICS
- Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)
- akta.pro secondary industries
- Document Capture, Scanning, OCR/ICR & Intelligent Document Processing (IDP) (HDAEAGAD), OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB), Enterprise Search, Indexing & Content Discovery (HDAEAGAH)
Keywords
Where Ephesoft is headquartered
LocationHeadquarters
- HQ city
- Irvine
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Ephesoft business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: Cloud-based subscription model for Transact Cloud and Semantik Invoice. Annual subscription with consumption-based options starting at 120,000 pages/year.
- On-Premises License: On-premises deployment option with Transact, priced per deployment rather than subscription.
- Professional Services: Implementation, consulting, and training services to support deployments. Professional services team available for custom configurations.
- Channel/Partner Revenue: Revenue through extensive partner ecosystem including technology partners, resellers, and global system integrators.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Transact Standard - Entry-level subscription with essential features |
| Subscription | Annual | Transact Professional - Mid-tier with enhanced features |
| Subscription | Annual | Transact Enterprise - Full-featured enterprise deployment |
| Subscription | Annual | Semantik Invoice - Cloud-based invoice processing |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels7 records
Ephesoft product offering
Product offeringCore offering
Ephesoft develops and sells an AI-powered Intelligent Document Processing (IDP) platform that automatically classifies, extracts, and validates data from digital and physical documents using patented supervised machine learning and the Semantik AI Engine. Its core products — Transact (cloud, on-premises, hybrid), Transact QuickScreen, Semantik Invoice, and Semantik Workflow — automate document-intensive workflows such as invoice/AP processing, claims, mailroom, mortgage origination, and customer onboarding for enterprise and government customers.
Product overview
Ephesoft is an intelligent document processing (IDP) company offering a platform-plus-products architecture. The core Transact platform provides document capture, classification, extraction and delivery with deployment options for cloud (Transact Cloud) and on-premises. Key products include Transact QuickScreen for screening applications, and the Semantik Platform which powers Semantik Invoice for invoice processing and Semantik Workflow for workflow automation. The platform uses patented supervised machine learning and AI-powered OCR technology to automate document-intensive processes across use cases including invoice processing, claims processing, loan processing, mailroom automation, customer onboarding, and ID extraction.
Differentiator
Problem solved
Functional benefit
Brands
- Ephesoft Transact: Industry-leading intelligent document automation platform for classifying, extracting, and acting on document data.
- Semantik Invoice
- Semantik Platform
Products and services
- Ephesoft Transact Industry-leading intelligent document automation platform that automatically classifies, extracts, and validates data from digital and physical documents using patented supervised machine learning and AI-powered OCR. Supports cloud, on-premises, and hybrid deployments with no image or user limitations. Used by enterprise customers in mortgage, insurance, banking, government, and healthcare for document-intensive workflows.
- Transact Cloud Cloud-based SaaS deployment of Ephesoft Transact providing intelligent document processing with flexible, consumption-based pricing for enterprises that prefer cloud delivery.
- Transact QuickScreen Intelligent screening application built on Transact for rapid identification forms collection and processing. Originally fast-tracked to support COVID-19 response workflows for remote workers.
- Semantik Invoice Cloud-based AI-enabled invoice processing solution that extracts critical data from any invoice format with 97% accuracy. Low-code/no-code solution that deploys in minutes, reduces invoice processing costs by 30%, and eliminates manual data entry for accounts payable workflows.
- Semantik Workflow iPaaS-based workflow solution powered by Workato that delivers over 1,000 out-of-the-box integrations to ERP, ECM, and CRM systems, enabling fully automated, end-to-end intelligent process automation without coding.
- Semantik Platform AI-powered platform that turns flat data into context-rich information using knowledge graphs. Underpins Semantik Invoice and future Context Driven Productivity products by enabling semantic data extraction and identification of relationships between entities in documents.
Quantifiable outcome
- 97% accuracy in invoice data extraction
- +11 more outcomes
Companies that use Ephesoft
Customer profileNamed customers9 records
Segments7 records
Ideal customer profiles4 records
Ephesoft technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
AI capability9 records
Feature6 records
Ephesoft partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- WorkatocoreWorkato and Kofax's Ephesoft Transact partnership enables rapid end-to-end process automation. Semantik Workflow powered by Workato.
- Speridian TechnologiescoreStrategic Global Alliance Partnership for intelligent document processing solutions delivery.
- JIFFY.aicoreStrategic partnership to provide AI-based, cloud-native, low-code HyperApp solution for mortgage and financial services industries. Joint Mortgage Processing HyperApp integrates intelligent capture, ML, RPA and cognitive processing into a unified solution.
- Independent Computer Consulting Group (ICCG)coreStrategic global alliance offering Infor M3, CSI, and LN customers intelligent document processing solutions. ICCG is a Gold Channel and Global Alliance Partner for Infor with over 2,000 business transformation project executions.
- FortudecoreGlobal alliance partnership offering intelligent capture solutions for Infor CloudSuite worldwide. Fortude is an Infor Global Alliance Partner with offices in USA, UK, Australia, Sri Lanka and India.
- Alfresco SoftwarecoreLong-standing technology partnership integrating with Alfresco's modern, cloud-based, open source content services. Ephesoft named FY2020 Global Technology Partner of the Year. Joint focus on government, financial services, insurance, manufacturing and healthcare.
- MicrosoftcoreMicrosoft Gold Cloud Platform partner since 2017. Preferred Content Services Partner with supervised machine learning technology. Co-Sell Certified partner. Semantik Invoice available on Microsoft Power Automate platform with over 400 integrated applications.
- Blue PrismcoreBlue Prism Technical Alliance Partner providing supported Document Intelligence Visual Business Object (VBO). Used in global financial institutions for RPA integration in account openings, loan approvals and trade finance.
- UiPathcoreIntegration partnership with leading RPA platform. Ephesoft Transact available in UiPath Go! marketplace with dedicated documentation for seamless integration.
- InforcoreCertified complimentary solution partner for Infor with hundreds of customers. Powers Infor Document Management (IDM) Capture. Integration with Infor M3, CSI, LN and Infor OS.
- WorkatocoreSemantik Workflow powered by Workato provides instant integrations to over 1,000 business systems including ERP, ECM and CRM systems. Available on Workato platform directory.
- HPminorHP JetAdvantage Partner Program. After completing HP's ACT process (Accreditation, Certification and Testing), HP resells Ephesoft Transact.
- Tata Consultancy Services (TCS)coreTCS is an IT services, consulting and business solutions organization partnering with Ephesoft for digital transformation deployments. TCS has over 417,000 consultants in 46 countries.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
Ephesoft competitors and assessment
Company assessmentDirect peers
- ABBYY: ABBYY is a long-standing leader in intelligent document processing and OCR, offering FlexiCapture and Vantage IDP platforms. Directly comparable to Ephesoft Transact across invoice, claims, and mortgage processing use cases for enterprise customers.
- Rossum: Rossum is a cloud-native IDP vendor specializing in invoice/AP automation, directly comparable to Ephesoft's Semantik Invoice product on pricing, accuracy claims, and target mid-market/enterprise AP buyers.
- Hyperscience: Hyperscience provides AI-driven document processing focused on insurance, financial services, and government — directly overlapping Ephesoft's core verticals with similar supervised ML and human-in-the-loop extraction capabilities.
Broad incumbents
- UiPath Document Understanding: UiPath embeds native IDP/OCR within its leading RPA platform. While Ephesoft is a UiPath technology partner, UiPath's bundled Document Understanding competes for the same RPA-customer wallet share.
- Automation Anywhere: Automation Anywhere's IQ Bot offers document extraction within its RPA suite. Comparable as a partner/competitor dynamic where RPA-native IDP can substitute for a standalone purchase.
- Microsoft AI Document Intelligence: Azure AI Document Intelligence (formerly Form Recognizer) is a hyperscaler IDP service deeply embedded in Microsoft's cloud stack. Comparable on core OCR/extraction, with a price advantage and ecosystem lock-in that pressures standalone IDP vendors including Ephesoft.
- Google Document AI: Google Cloud's Document AI platform offers pretrained and custom document processors. Comparable as a competing cloud-native IDP offering, particularly for Google Cloud–committed enterprises in finance and government.
- Amazon Textract: AWS Textract provides OCR and form/table extraction as a managed cloud service. Comparable on core extraction capability with hyperscaler pricing dynamics that pressure standalone IDP economics.
Emerging players
- WorkFusion: WorkFusion combines IDP with pre-built Digital Workers for banking and insurance. Comparable in the financial services document automation segment where Ephesoft also competes with its Transact platform.
Others
- Tungsten Automation (formerly Kofax): Tungsten Automation is the post-rebrand entity that acquired Ephesoft in 2022. Listed as an adjacent entity rather than a peer because the two product lines are now combined within one portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ephesoft social profiles
Digital presenceEphesoft compliance and trust
Trust signalCompliance2 records
Ephesoft financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ephesoft leadership team
Management profileNumber of profiles
Profiles11 records
Ephesoft funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ephesoft M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ephesoft
What does Ephesoft do?
Ephesoft develops and sells an AI-powered Intelligent Document Processing (IDP) platform that automatically classifies, extracts, and validates data from digital and physical documents using patented supervised machine learning and the Semantik AI Engine. Its core products — Transact (cloud, on-premises, hybrid), Transact QuickScreen, Semantik Invoice, and Semantik Workflow — automate document-intensive workflows such as invoice/AP processing, claims, mailroom, mortgage origination, and customer onboarding for enterprise and government customers.
Is Ephesoft a public or private company?
Ephesoft is a private company. It is classified as corporate owned and is currently acquired.
When was Ephesoft founded?
Ephesoft was founded in 2010. It employs 11 to 50 people.
Where is Ephesoft based?
Ephesoft is headquartered in Irvine, United States, in the North America region.
How does Ephesoft make money?
Four revenue lines are on record. SaaS Subscription is the primary driver. The others are on-Premises License, professional Services and channel/Partner Revenue.
Who are Ephesoft's main competitors?
Direct peers on record are ABBYY, Rossum and Hyperscience. Broad incumbents are UiPath Document Understanding, Automation Anywhere, Microsoft AI Document Intelligence, Google Document AI and Amazon Textract. WorkFusion is listed as an emerging player. Tungsten Automation (formerly Kofax) is listed as an others.
Does Ephesoft have an API?
Yes. Ephesoft offers a full suite of Web Service APIs for seamless integration with ERP, RPA, BPM, ECM and other enterprise systems. The platform provides out-of-the-box integrations and APIs for developers. Developer documentation is available at ephesoft.com/docs/. The Transact platform supports APIs for document capture, classification, extraction and export functionality. Developer documentation is at ephesoft.com/docs.
What industry is Ephesoft in?
Ephesoft's product category is Intelligent Document Processing Software. Its primary akta.pro industry code is HDAEAHAC, Intelligent Document Processing (IDP) & OCR Automation, with a secondary code of HDAEAGAD, Document Capture, Scanning, OCR/ICR & Intelligent Document Processing (IDP). Its NAICS code is 5132 and its SIC code is 7372.