What Peruse does

Peruse (legal entity: Peruse Technology Inc.) is an AI-powered document review automation platform purpose-built for the transportation and logistics industry. The company processes freight documents including bills of lading, rate confirmations, invoices, and accessorial receipts, classifying over 50 logistics document types and extracting structured data via plug-and-play API, email, text message, ELD, and custom integrations. Peruse serves carriers, brokers, and factors, delivering claimed 97% automation accuracy in invoice matching, signature and stamp detection, fraud prevention (tampered documents, fraudulent load numbers, double brokering), and data extraction that eliminates up to 99% of manual data entry.

The underlying technology combines industry-leading NLP, computer vision, and anomaly detection models trained on more than 10,000,000 freight documents, with a multilingual handwritten text recognition capability developed specifically for freight workflows. Peruse's infrastructure runs on Amazon Web Services, and the platform supports white-label embedding for partners and resellers. Disclosed operational scale includes 500,000+ documents processed per month and 4M+ invoices annually across its customer base, with reported outcomes of a 32% reduction in cost per invoice and no-touch invoice processing rates exceeding 70%.

Peruse operates on a usage-based per-document pricing model with no subscription, no commitment, and no set-up costs, supported by Order Forms that may specify per-document fees, minimum document volumes, and minimum monthly fees. The company was founded in 2022 in Chicago (registered office in Inverness, Illinois), received venture investment from BrightCap Ventures in February 2024, and was acquired by logistics-focused fintech OTR Solutions (Roswell, Georgia) in February 2026 — OTR's third acquisition in two years — with Peruse's technology now integrated across OTR's platforms including Truly Instant Funding and Epay Manager.

Name

Peruse

Legal name

Peruse Technology Inc.

Website

https://peruse.ml

Company type

Private

Founded year

2022

Operating status

Acquired

Headcount range

1–10 employees

Short description

Peruse is an AI-powered document review automation platform for the transportation and logistics industry, classifying 50+ freight document types and extracting data with 97% claimed accuracy. It was acquired by OTR Solutions in February 2026.

Ownership category

akta.pro rank

Product category

Logistics Document Automation

NAICS

Web Search Portals and All Other Information Services (519290)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Document Digitization, eDocs & eBL/eAWB Enablement (Platforms/Compliance) (TLACAHAI)

akta.pro secondary industry

Customs Brokerage Workflow & Case Management Software (TLAEAOAH)

Keywords

• Freight document automation
• Invoice matching software
• Logistics document AI
• Freight audit automation
• Transportation document processing

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Usage-based Document Processing: Per-use pricing model where customers pay per document processed with no subscription or commitment required. No set-up costs. Order Forms may specify a per Document fee, a minimum number of Documents to be processed during a given period, and/or minimum monthly Fees. If a customer processes more Documents than prepaid, Peruse invoices the shortfall in the next calendar month.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Peruse operates an AI-powered document review automation platform built for the transportation and logistics industry. The platform ingests freight documents such as rate confirmations, bills of lading, accessorial receipts, and invoices via email, text, ELD, or API, then classifies them, extracts structured data, matches invoices, detects signatures and stamps, and identifies fraud. It is delivered as a SaaS offering with usage-based per-document pricing and no subscription commitment.

Product overview

Peruse offers a single unified AI-powered document audit automation platform called Peruse Document Audit, designed specifically for the transportation and logistics industry. The platform combines invoice matching, signature detection, fraud prevention, document classification, and data extraction capabilities into one integrated system. Peruse processes over 500,000 documents monthly with 97% automation accuracy and handles more than 4 million invoices annually. The platform is delivered as a SaaS offering with a plug-and-play API for integration, supports white-label deployment, and uses a pay-per-use pricing model with no subscription required. The company was acquired by OTR Solutions in February 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Peruse Document Audit AI-powered document review automation platform for the transportation and logistics industry that automates invoice matching, signature and stamp detection, fraud prevention, document classification across 50+ logistics document types, and data extraction via plug-and-play API. Delivered as a SaaS offering with usage-based per-document pricing and no subscription required.

Quantifiable outcome

• 32% reduction in cost per invoice across more than 4 million invoices annually
• +5 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• OTR SolutionscoreStrategic or Co-development Partner · 11 February 2026OTR Solutions, a logistics-focused financial technology company headquartered in Roswell, Georgia, acquired Peruse Technology Inc. in February 2026. The acquisition marks OTR Solutions' third in two years (following Epay Manager in 2024 and Trucksmarter's factoring and banking portfolio in 2025). Peruse's technology has enabled a 32% reduction in cost per invoice and over 70% no-touch invoice processing rates, and is being integrated across OTR's platforms including Truly Instant Funding and Epay Manager.
• Amazon Web Services (AWS)coreTechnology or IntegrationPeruse's services are hosted on Amazon Web Services (AWS), with AWS making service level commitments to Peruse. AWS is the cloud infrastructure provider underpinning Peruse's SaaS document processing platform, enabling the company to deliver its AI-powered document audit automation at scale.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• McLeod Software: McLeod Software is an established TMS provider for carriers and brokers with integrated document imaging and workflow automation features. It represents an incumbent alternative where Peruse's document-AI could either be embedded or displaced.
• project44: project44 is a leading supply chain visibility platform that handles shipment data and document workflows for shippers, brokers, and carriers. It operates in adjacent freight technology infrastructure where document automation increasingly becomes a feature.
• TriumphPay: TriumphPay operates a freight payments network that processes and audits carrier invoices at scale. Its invoice audit functionality is directly competitive with Peruse's invoice matching and document review automation capabilities.
• Turvo: Turvo provides a TMS platform for brokers and 3PLs that includes document management and workflow automation features overlapping with Peruse's functionality. As a broader incumbent offering, it competes at the platform layer where Peruse's document-AI sits as a feature.

Direct peers

• KlearNow: KlearNow offers AI-powered customs brokerage and logistics document automation, processing bills of lading, invoices, and customs paperwork. It is a direct competitor to Peruse in applying AI/OCR to unstructured freight and trade documents.
• OTR Solutions: OTR Solutions acquired Peruse in February 2026 and is now its parent company. OTR serves carriers, brokers, and factors with factoring, instant funding, and payment solutions in the freight industry, providing the embedded distribution channel for Peruse's document-AI capabilities.
• Highway: Highway provides carrier identity verification and fraud prevention technology addressing double brokering and fraudulent load numbers in freight. It overlaps directly with Peruse's fraud-prevention capabilities around tampered documents and fraudulent load detection.
• Transflo: Transflo provides document imaging, automation, and workflow solutions specifically for the trucking industry, including bill of lading and freight document processing. It directly competes with Peruse in freight document digitization and automation for carriers and brokers.

Emerging players

• Mastery Logistics: Mastery Logistics builds a modern TMS with embedded document and operational workflow automation for freight brokers. It competes in the same document-handling workflow that Peruse automates, particularly for broker-side operations.
• Loadsmart: Loadsmart offers digital freight brokerage with integrated document handling and automated booking workflows. Its end-to-end automation of brokerage operations overlaps with Peruse's target use cases around rate confirmations and bill of lading processing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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 Peruse