Rossum

About

Rossum is an AI-based cloud document gateway for automated business communication.

London,England,United Kingdom
101 - 250
http://rossum.ai/

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $250K
Industries: Artificial Intelligence,Document Management,Machine Learning,SaaS,Software
Founded date: Jan 16, 2017
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Rossum Ltd.

Rossum solves four key steps in document-based processes at once: receiving documents across multiple channels, automated understanding, two-way communication to resolve exceptions, and acting on the data using in-depth integrations. Whether you receive invoices, purchase orders, claims, any other documents, Rossum automates your business communication.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$109.50M

Rossum has raised a total of $109.50M in funding over 2 rounds. Their latest funding was raised on Oct 19, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 19, 2021	Series A	$100M	6	General Catalyst	—	Detail
Nov 27, 2019	Seed	$8.50M	8	LocalGlobe	—	Detail
Mar 7, 2018	Seed	$750K	2	MITON	—	Detail
May 2, 2017	Seed	—	1	TechSquare	—	Detail
Jan 17, 2017	Seed	$250K	2	MITON	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

11

Rossum is funded by 11 investors. General Catalyst and TechSquare are the most recent investors.

Investor Name	Lead Investor	Funding Round
General Catalyst	Yes	Series A
TechSquare	Yes	Seed
Elad Gil	—	Series A
LocalGlobe	—	Series A
MITON	—	Series A
Seedcamp	—	Series A
Verissimo Ventures	—	Series A
StartupYard	—	Seed
Michael Stoppelman	—	Seed
Ryan Petersen	—	Seed