alice by redque

What alice by redque does

Alice by redque (legal entity: Redque s.r.o.) is a Prague-based Czech company that has built a proprietary AI engine for automated data extraction from invoices, receipts, and tax documents. The technology, originally developed in 2012 by parent company MEMOS Software under the leadership of CEO Lukáš Neumann (recipient of the 2018 Česká hlava / Czech Mind award and former Oxford researcher), combines optical character recognition with machine learning trained on more than 70,000 documents and claims 98% extraction accuracy. The company processes documents in Czech, Slovak, English, and German and performs automated verification against Czech business registry (ARES) and EU VAT (VIES) systems.

The product portfolio spans two distribution models built on the same AI engine: (1) Alice by redque, a self-serve web and mobile application (iOS/Android) targeting accountants, accounting firms, self-employed professionals (OSVČ), and SMBs, and (2) the Redque API, an enterprise integration layer for medium and large companies. Alice operates on a freemium subscription model in Czech koruna — free tier (25 documents/month), Start (3,000 CZK/month for 600 docs), Business (6,000 CZK/month for 1,500 docs), and custom Premium pricing (3,000+ docs), augmented by one-time accounting system integration fees (3,000–15,000 CZK) and add-ons such as custom branding, 5-year document archiving, and an approval workflow module.

The business monetizes through a hybrid go-to-market combining product-led growth (free tier trial, self-serve web and mobile onboarding) and direct enterprise sales (named sales director and dedicated sales representatives, pilot deployments of 20–50 documents). Alice integrates natively with 18+ Czech and Central European accounting systems including Pohoda, Money S3/S4/S5, iDoklad, Abra Flexi/Gen, Helios, MRP, MS Dynamics 365, M-Files, and DUEL, creating distribution leverage through channel-style partnerships with accounting software vendors. Named enterprise customers include Peugeot, Teijin, Turck, Třinec, and Global Assistance. The company operates across CZE, SVK, DEU, and GBR, holds ISO/IEC 27001:2023 certification, is GDPR compliant, and is a Microsoft Gold Partner running on Azure infrastructure. It is a privately held Czech s.r.o. with 1–10 employees and no disclosed external funding.

Name

alice by redque

Legal name

Redque s.r.o.

Website

https://redque.cz

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Alice by redque is a Prague-based Czech AI company that automates invoice and receipt data extraction for accountants, accounting firms, and SMBs in Central Europe via a web/mobile app and enterprise API, backed by a proprietary OCR-plus-ML engine with 98% accuracy and native integrations to 18+ accounting systems.

Ownership category

akta.pro rank

Product category

Accounting Automation Software

NAICS

Information (51)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)

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), Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights) (HDAEAMAD)

Keywords

• AI document extraction
• Invoice data capture
• Accounting automation
• OCR data processing
• Receipt extraction software

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Document Extraction Subscriptions: Tiered subscription model based on monthly document volume. Free tier for testing (25 docs/month), paid tiers for regular business use (600-1500 docs/month), and custom enterprise plans (3000+ docs/month). Additional revenue from one-time integration setup fees for accounting system connections.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Alice by redque is an AI-powered document extraction application that automatically captures data from invoices, receipts, and tax documents with 98% accuracy, then exports the structured data directly into Czech accounting systems. The product suite includes the Alice web/mobile app for accountants, SMBs, and self-employed users, alongside the Redque API that exposes the underlying AI engine for enterprise system integration.

Product overview

Alice by redque operates as a unified product portfolio consisting of two main offerings: Alice (a web/mobile application for document extraction targeting accountants and small businesses) and Redque API (the underlying AI engine available for enterprise integration). Alice serves as the user-facing product with a free tier (25 documents/month), Start tier (3,000 CZK/month for up to 600 documents), Business tier (6,000 CZK/month for up to 1,500 documents), and Premium tier (custom pricing for 3,000+ documents/month). The product portfolio also includes a mobile application, approval workflow system, document archiving with 5-year retention, and custom branding options. Redque API is positioned separately for medium and large enterprises requiring programmatic integration. Both products share the same proprietary AI engine developed by Czech scientist Lukáš Neumann, achieving 98% extraction accuracy and supporting Czech, Slovak, English, and German documents.

Differentiator

Problem solved

Functional benefit

Brands

• Alice by redque: A Czech web and mobile application for invoice and receipt data extraction using AI, offering 98% accuracy

Products and services

• Alice by redque A Czech web and mobile application for automated invoice and receipt data extraction. Uses proprietary AI to achieve 98% accuracy in extracting accounting data from documents, with built-in verification against ARES/VIES and direct export to accounting systems. Targeted at self-employed entrepreneurs, accountants, and small businesses.
• Redque API The core AI engine powering document extraction, available via REST API for enterprise integration. Designed for medium and large businesses to integrate invoice and receipt data extraction capabilities into custom systems and workflows. Documentation at api-docs.redque.com.

Quantifiable outcome

• 98% accuracy in document data extraction
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

AI capability6 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and major.

• MicrosoftcoreTechnology or Integration · 1 January 2012Microsoft Gold Partner status achieved by Redque. Company uses Microsoft Azure servers for secure data storage and processing. Data is backed up on physically separated servers using Microsoft cloud services that meet ISO standards.
• MEMOS SoftwarecoreStrategic or Co-development PartnerOriginal developer of Redque AI engine in 2012. MEMOS Software is the parent company that developed the initial OCR and AI technology that Redque is built upon.
• Pohoda (Stapro)majorTechnology or IntegrationNative integration with Pohoda accounting system, one of the most popular Czech accounting solutions. Connector available from 3,000 CZK or via self-service for technically skilled users.
• Money (Stormware)majorTechnology or IntegrationIntegration with Money S3 and Money S4/S5 accounting systems. Connector pricing starts from 10,000 CZK for custom integration.
• iDokladmajorTechnology or IntegrationIntegration with iDoklad online invoicing system. Self-service API integration available without Redque assistance.
• Abra (Vladimír Sojka)Technology or IntegrationIntegration with Abra Flexi and Abra Gen accounting systems. Abra Flexi connector available from 10,000 CZK.
• Helios (Asseco)majorTechnology or IntegrationIntegration with Helios Inuvio, Helios Nephrite, and Helios Easy/Fénix accounting systems.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Rossum: Czech-founded AI document processing company offering invoice and order data extraction via cloud and API. Most direct competitor: also targets accountants and enterprises, offers similar OCR+ML capabilities, and competes in the same Central European market with overlapping language support.
• Klippa: Dutch AI document processing company offering OCR for invoices, receipts, and other financial documents. Comparable business model with API and SaaS delivery, serving similar SMB and enterprise finance teams in Europe.
• Veryfi: AI-powered receipt, invoice, and document OCR API for B2B finance and accounting workflows. Direct competitor in the same product category with API-first delivery and similar accuracy/throughput benchmarks.

Broad incumbents

• ABBYY: Global leader in OCR and intelligent document processing with FineReader and Vantage product lines. Competes broadly in the same IDP category, with deeper R&D resources and a wider international footprint, but lacks Alice's Czech-specific accounting system integrations.
• UiPath: RPA platform with document understanding capabilities that compete in invoice and receipt automation. Broader automation portfolio but similar end-customer use case for finance and accounting document processing.
• Microsoft Document Intelligence (Azure AI Document Intelligence): Cloud-based OCR and form understanding service within Azure AI stack, offering prebuilt invoice and receipt models. Competes as a hyperscaler alternative; already a partner of Alice through Microsoft Gold Partner status but a long-term competitive threat given bundled pricing and multi-language support.
• Google Document AI: Google Cloud's document understanding platform with specialized processors for invoices, receipts, and forms. Direct functional substitute for Redque's AI engine with the scale and language coverage of a hyperscaler.
• Amazon Textract: AWS machine learning service that extracts text and structured data from documents, including invoices and receipts. Competes as another hyperscaler IDP alternative, often bundled into broader AWS enterprise deals.

Emerging players

• Mindee: Developer-first document parsing API offering invoice, receipt, and other financial document data extraction. Comparable in API delivery model and accuracy claims, though broader and less focused on a single national accounting ecosystem.
• Docparser: Cloud-based document parsing and data extraction SaaS targeting SMB and mid-market accounting workflows. Comparable in delivery model and target customer profile, with overlapping invoice/receipt use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/redque

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 →

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