Synapsoft

What Synapsoft does

Synapsoft Corp. (KOSDAQ: 466410) is a Korean Document AI company founded in 2000 and headquartered at the Magok R&D Center in Seoul, with a secondary site in Gangneung. The company operates two integrated product lines: a Document AI suite — Synap OCR IX, Synap DocuAnalyzer, Synap Assistant (Agentic RAG), AI Data Foundry, Ainex, Synap VoiceAnalyzer, Synap Form, DartPoint AI, and the proprietary Synap DU large language model — and a Smart Document suite built on Synap Document Viewer 2025, Synap Editor, Synap PDFocus, Synap Office, Synap Document Filter, and Kynapse. Core technology combines deep-learning OCR with Vision Language Models (VLM), document structure analysis (tables, charts, headings, paragraphs, captions) converted to Markdown/XML for LLM training, and an on-premise-friendly Agentic RAG platform with source-highlighting to mitigate hallucination. Korean text recognition is TTA-certified at 99.3%, and Synap Document Filter reportedly holds 90–95% domestic market share.

Synapsoft serves primarily Korean central and local government (90% of 18 central ministries, 85% of local governments, 8,600+ public institutions) and large Korean enterprises and conglomerates (LG, Hanwha, Samsung Display, SK Telecom, SK Broadband, Shinhan, CJ, Kolon, Lotte, Hyosung). Revenue is generated through a mix of software license/subscription sales (including a Document Viewer SaaS tier), API/SDK licensing (OCR REST API, Java/C++ SDKs), and large customized system integration / professional services for enterprise AI Transformation (AX) projects. Distribution is dominated by direct enterprise sales and government procurement platforms (나라장터, 디지털서비스몰), complemented by self-serve global SaaS properties (synapfoundry.ai, ainex.chat, kynapse.ai, dartpoint.ai, synapviewer.com) and the Google Workspace Marketplace (700,000+ users). The company went public on KOSDAQ in November 2024 and reports no parent company or external VC/PE ownership; founder Jeon Gyeongheon, a KAIST-trained NLP/information retrieval researcher, remains CEO.

Name

Synapsoft

Legal name

주식회사 사이냅소프트 (Synapsoft Corp.)

Website

https://synapsoft.co.kr

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Synapsoft is a Korean Document AI company serving government and large enterprises with proprietary OCR, document structure analysis, and an Agentic RAG LLM platform built on its own Synap DU model.

Ownership category

akta.pro rank

Product category

Document AI / Enterprise Document Processing Software

NAICS

Software Publishers (5132), Software Publishers (513210), Custom Computer Programming Services (541511), Other Computer Related Services (541519)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371), Services-Computer Processing & Data Preparation (7374), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB)

akta.pro secondary industries

Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC), AI/ML Engineering & Model Development Services (BPAEAHAF), Model Development & Training Platforms (AutoML, Notebooks, Feature Stores) (HDAEANAB)

Keywords

• Document AI software
• AI OCR solutions
• Enterprise document processing
• Web document viewer
• LLM document automation

Headquarters

HQ city

Gangneung

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software License & Subscription Sales: Sales of document solutions (Document Viewer, Editor, Office, Filter, PDFocus, OCR) as perpetual licenses and potentially subscription/SaaS models. Document Viewer SaaS service was launched for easier public sector adoption.
2. SaaS Services: Cloud-based SaaS offerings including 문서뷰어 SaaS, AI Data Foundry (synapfoundry.ai), Ainex (ainex.chat), Kynapse (kynapse.ai), and Dart Point AI (dartpoint.ai).
3. Custom System Integration (SI) & Professional Services: Large-scale customized system building services (대규모 맞춤형 시스템 구축) for public and enterprise AX (AI Transformation) implementations, including integration with core AI lineup such as Ainex, Synap DocuAnalyzer, and Synap OCR.
4. API/SDK Licensing: Providing OCR REST API, Java SDK, C++ SDK, and various integration APIs for enterprise customers to embed Synapsoft capabilities into their own systems.

Go-to-market motion2 records

Distribution channels9 records

Marketing channels8 records

Core offering

Synapsoft develops and sells a Document AI software product line for Korean enterprises and government agencies. Its offerings span deep-learning OCR (Synap OCR IX), document structure analysis (Synap DocuAnalyzer), an Agentic RAG-based LLM platform (Synap Assistant), and web-based Smart Document tools including Document Viewer, Editor, Office, PDFocus, and Document Filter. The company also operates SaaS platforms (AI Data Foundry, Ainex, Kynapse, DartPoint AI) for AI training data preparation and enterprise document knowledge management.

Product overview

Synapsoft is a Document AI company offering two integrated product lines: Document AI and Smart Document. The Document AI line includes Synap OCR IX (deep learning-based OCR), Synap DocuAnalyzer (document structure analysis), Synap Assistant (Agentic RAG LLM platform), AI Data Foundry (document preprocessing for LLM training), Ainex (multi-LLM platform), Synap VoiceAnalyzer (voice data analysis), Synap Form (generative AI survey tool), DartPoint AI (DART financial disclosure analysis), and Estate AI (real estate appraisal). The Smart Document line includes Synap Document Viewer 2025 and SaaS (web-based document viewing), Synap Editor (HTML5 web editor), Synap Uploader, Synap PDFocus (PDF conversion/merge), Synap Office (cloud office suite), Synap Document Filter (text extraction for search/security), and Kynapse (document knowledge management). The ecosystem is unified by Synap DU, Synapsoft's proprietary LLM optimized for Korean document analysis, enabling AI capabilities across all products.

Differentiator

Problem solved

Functional benefit

Brands

• AI Data Foundry: AI-based document preprocessing and processing platform for converting documents into high-quality AI training data
• Ainex (아이넥스)
• DartPoint AI
• Synap Docuanalyzer (사이냅 도큐애널라이저)
• Synap Document Viewer (사이냅 문서뷰어)
• Synap Voice Analyzer (사이냅 보이스애널라이저)
• Synap Editor (사이냅 에디터)
• Synap OCR IX (사이냅 OCR)
• Synap Office (사이냅 오피스)
• Synap Document Filter (사이냅 문서필터)
• Document Viewer SaaS (문서뷰어 SaaS)
• Synap PDFocus (사이냅 피디포커스)
• Kynapse (키냅스)

Products and services

• Synap OCR IX (사이냅 OCR IX) Deep learning-based AI OCR solution that extracts text from images and scanned documents with TTA-certified 99.3% Korean character recognition. Combines deep-learning recognition with VLM (Vision Language Model) technology for context-aware image understanding, and supports financial statement and receipt recognition with automatic rotation correction. For enterprises and government agencies needing high-accuracy Korean OCR.
• Synap DocuAnalyzer (사이냅 도큐애널라이저) Document structure analysis solution that analyzes layout, attributes, and objects of HWP, MS Office, and PDF documents, and converts visual elements (tables, charts, headings, paragraphs, headers/footers, captions) into Markdown and XML structured data optimized for LLM training. For enterprises preparing AI training data and digital assets.
• Synap Assistant (사이냅 어시스턴트) Agentic RAG-based integrated LLM platform that provides end-to-end document understanding from structure analysis to LLM-powered Q&A. Supports MS Office, HWP, PDF, and image formats, and highlights source documents used for AI answers to reduce hallucination. Optimized for on-premise LLM deployment with internal security. For enterprises needing document-grounded AI assistants.
• AI Data Foundry (synapfoundry.ai) Low-code AI document preprocessing and processing platform that converts enterprise documents into high-quality AI training data via workflow-based pipelines. Supports HWP, MS Office, PDF, and image formats. For AI/ML teams building LLM-ready training datasets from enterprise documents.
• Ainex (아이넥스) Multi-LLM platform that allows enterprises to flexibly select and use various large language models on top of their internal data. Features AI Canvas for one-stop AI-assisted document drafting (planning documents, notices) with integrated editing and formatting. Powered by Synap Assistant's source-grounded RAG. For enterprises running AX/LLM adoption.
• Synap VoiceAnalyzer (사이냅 보이스애널라이저) AI-powered voice data analysis solution optimized for various environments, processing audio modality data to extract actionable insights from voice recordings. For organizations needing voice analytics.
• Synap Form (사이냅 폼) Generative AI survey tool that automatically creates survey forms based on user inputs about survey type, target audience, style, and question type. Uses AI to accelerate form creation and improve survey design quality.
• DartPoint AI AI service for analyzing DART (전자공시) financial disclosure data. Provides AI-generated corporate analysis reports covering risk assessment, growth momentum, quarterly performance, and anomaly detection, and converts complex financial tables to Excel format. For investors, analysts, and finance teams needing corporate financial intelligence.
• Estate AI (부동산 감정평가 AI) AI service for real estate appraisal document analysis and evaluation, accessible via ChatGPT plugin, providing specialized AI capabilities for property valuation documentation processing.
• Synap Document Viewer 2025 (사이냅 문서뷰어 2025) HTML5 web-based document viewer supporting HWP, HWPX, MS Office, PDF, CAD, and image formats with multi-file viewing, dual-page view mode, AI Assist, enhanced annotation editing, TTS, and responsive mobile/tablet/desktop design with dark/light themes. Allows viewing without application installation or download. Deployed across 90% of Korean central government ministries and 1,000+ enterprises.
• Synap Document Viewer SaaS (문서뷰어 SaaS) Cloud-based SaaS version of Synap Document Viewer offering the same browser-based secure document viewing capabilities with subscription-based pricing for organizations seeking flexible deployment without on-premise infrastructure management.
• Synap Editor (사이냅 에디터) HTML5 web-based rich text editor for web content creation in portals, webmail, and intranets. Includes Excel-like table functionality, PowerPoint-like shape tools, and unique import capability preserving document layout and fonts when copying from Word, Excel, or PowerPoint. For web application developers and enterprise content platforms.
• Synap PDFocus (사이냅 피디포커스) PDF conversion and merge solution that converts 30+ document and HTML formats to PDF without application installation. Features PDF merge, attachment addition, and file size reduction. Applied to financial document management, groupware, and ECM systems in public institutions and financial organizations.
• Synap Office (사이냅 오피스) Cloud-based office suite co-developed with Naver (previously branded as Naver Office until 2023). Includes Word (document), Slide (presentation), Cell (spreadsheet), and Form (survey) modules with web browser-based editing and HWP/MS Office compatibility.
• Synap Document Filter (사이냅 문서필터) Document text extraction filter for search and security applications. Holds approximately 90-95% market share in Korea's document filter market. Uses AI to analyze document structure and distinguish text, images, and tables for digital asset management. For search engines, security/DRM systems, and personal information protection.
• Kynapse (키냅스) AI-powered document knowledge management platform enabling enterprises to manage and retrieve information from their document repositories using RAG-based retrieval and AI Q&A capabilities. For enterprise knowledge management and internal search.
• Labelcamp (레이블캠프) Deep learning-based AI data labeling platform providing end-to-end AI training data services from collection to processing and inspection. Supports image, video, audio, and text data types. Features automated labeling technology powered by the Synap OCR engine for document data processing.

Quantifiable outcome

• 99.3% Korean text recognition rate (TTA certified)
• +5 more outcomes

Named customers24 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability10 records

Feature9 records

Partnerships

Nine partnerships are on record, tiered core, minor and significant.

• Kunsuk National University (건국대학교)coreStrategic or Co-development Partner · 1 January 2026Synapsoft serves as the managing institution for the Ministry of Science and ICT's '2026 Generative AI Leading Talent Training Project'. Partnering with research teams from Kunsuk National University, Ewha Womans University, and Chung-Ang University to develop practical generative AI talent through industry-academia-research collaboration.
• Naver (네이버)coreStrategic or Co-development Partner · 1 January 2010Synapsoft and Naver co-developed 'Synap Office', a cloud-based office program launched in 2010. The product was initially branded and operated as 'Naver Office' until the end of last year (2023), after which it transitioned to the 'Synap Office' independent brand. The collaboration leveraged Naver's platform reach with Synapsoft's document processing technology.
• KakaominorChannel Partner/ Reseller/ DistributorKakao's email service uses Synapsoft's Document Viewer technology, enabling users to preview documents attached to Kakao emails without downloading them.
• Flow (플로우) - Collaboration ToolminorChannel Partner/ Reseller/ DistributorCollaboration tool 'Flow' integrates Synap Document Viewer for in-app document preview functionality.
• Jandi (잔디) - Collaboration ToolminorChannel Partner/ Reseller/ DistributorCollaboration tool 'Jandi' integrates Synap Document Viewer for document sharing and preview within the team communication platform.
• RemoteMeeting (리모트미팅) by A-solutionminorChannel Partner/ Reseller/ DistributorVideo conferencing service RemoteMeeting integrates Synap Document Viewer for sharing documents during video meetings.
• Ewha Womans University (이화여자대학교)coreStrategic or Co-development PartnerResearch partner in the '2026 Generative AI Leading Talent Training Project' consortium, working with Synapsoft and other university researchers to train practical generative AI talent.
• Chung-Ang University (중앙대학교)coreStrategic or Co-development PartnerResearch partner in the '2026 Generative AI Leading Talent Training Project' consortium, collaborating on practical generative AI talent development.
• LegalTech (리걸테크)significantChannel Partner/ Reseller/ DistributorLeading Korean LegalTech company uses Synap Document Viewer for their virtual data room solution, providing secure no-download document viewing for enterprise legal document sharing. The viewer converts documents to images preventing text copying and includes watermark features for leakage tracking.

Scale indicators12 records

Recent moves8 records

Expansion highlights3 records

Direct peers

• Hancom Group: Creator of the HWP document format and Korea's leading office software vendor. Directly competes with Synap Office and Document Viewer, and shares the same Korean document format ecosystem that Synapsoft has built OCR and structure-analysis IP around. Most direct and structurally comparable Korean peer.
• Saltlux: Korean AI platform company offering NLP, knowledge management, and document AI solutions including IDP and conversational AI. Competes with Synapsoft in Korean enterprise RAG and document understanding, and similarly targets public-sector AI transformation.
• Selvas AI (Selvas): Korean AI vendor with handwriting recognition, OCR, and document AI offerings, plus medical and mobility AI. Competes with Synapsoft's OCR and document AI lineups in Korean enterprise and public-sector procurements.
• Douzone: Korean enterprise software and document management vendor offering ERP, groupware, and document solutions. Comparable as a domestic competitor targeting similar Korean enterprise and government document-management buyers.
• ABBYY: Global leader in OCR, intelligent document processing (IDP), and document AI. Competes head-to-head with Synapsoft's OCR and DocuAnalyzer capabilities at multinational enterprises and represents the international benchmark for document AI accuracy.

Broad incumbents

• Google Document AI: Google Cloud's enterprise document AI suite covering OCR, form parsing, and contract analysis. Already reaches Synapsoft's end users via the 700,000+ Google Workspace Document Viewer install and represents the most credible global incumbent threat.
• Microsoft Azure AI Document Intelligence: Microsoft's cloud document AI/OCR service within Azure AI, deeply integrated with Office 365 and enterprise productivity stack. Competes with Synapsoft's OCR and DocuAnalyzer as a bundled offering to global and Korean enterprises.
• Adobe Document AI / Acrobat AI: Adobe's document services and Acrobat AI Assistant targeting enterprise PDF and contract intelligence. Comparable as a global incumbent moving into LLM-powered document Q&A, overlapping with Synapsoft's Assistant and Ainex products.
• UiPath Document Understanding: Global RPA and document understanding platform widely deployed in enterprise automation. Comparable in serving enterprises automating document workflows and overlapping with Synapsoft's Agentic RAG and AX offerings.

Others

• Naver Cloud / Naver Works: Former partner via Synap Office (previously branded Naver Office) and a Korean hyperscaler with its own HyperCloak LLM. Comparable as a Korean ecosystem participant — both partner and competitor — across cloud, document, and LLM services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/synapsoft
• Facebookfacebook.com/synapsoft
• Xx.com/synapsoft

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Synapsoft