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Invofox

YC S22

Madrid, ES · Founded 2015 · 12 employees · 10 known investors

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Invofox provides AI-powered document processing technology that software companies can integrate to automatically extract and process invoices, receipts, bills of lading, and similar documents for their end users.

AI & Machine LearningEnterprise SoftwareFintechAISpainEuropeFully Remote

Founders & leadership· Y Combinator alumni (S22)

Invofox was founded in 2015 by Alberto Gimeno, Carmelo Juanes, and Adrian Ramirez.

AGAlberto Gimeno
Alberto GimenoCEO and Co-FounderAlberto Gimeno has a background in computer science and mathematics, and worked as a developer before transitioning to sales roles.
CJCarmelo Juanes
Carmelo JuanesCo-Founder y CTOCarmelo Juanes is a computer scientist and mathematician with research experience at CSIC who works as a full stack web developer.
ARAdrian Ramirez
Adrian RamirezCo-Founder/CDOAdrian Ramirez holds a background in computer engineering and mathematics, with research experience and expertise in machine learning and deep learning frameworks.

Investors · 10

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

4Founders CapitalreportedBarcelona · $108K – $4.3M

How we know: Y Combinator's founder network · Not right? Tell us

ACE & CompanyreportedGenevavia Sherif El Halwagy · inferred

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Archipelago VCreportedLas Palmas de Gran Canaria · $165K – $550K

How we know: Y Combinator's founder network · Not right? Tell us

Eppes Creek Venturesreported

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

JME VenturesreportedMadrid · $108K – $3.3M

How we know: Y Combinator's founder network · Not right? Tell us

Maiora Rebel Venturesreported

How we know: Y Combinator's founder network · Not right? Tell us

Rebel FundreportedSan Francisco · $100K – $5M

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Sequoia CapitalreportedMenlo Park · $100K – $50M

How we know: Y Combinator's founder network · Not right? Tell us

Related companies · 10

DocsumoDocsumo provides APIs and document processing platform to extract data from unstructured documents across industries including insurance, banking, and logistics. The platform enables businesses to automate document data capture with 90%+ touchless processing capabilities.
HightouchHightouch builds a data activation platform that integrates with existing enterprise data infrastructure to enable marketing and business teams to activate customer data at scale. The platform combines customer data capabilities with AI technology for use by enterprise organizations.
OcrolusOcrolus provides cash flow analytics and document processing tools for lenders and financial institutions to make funding decisions for small businesses. The platform analyzes bank statements and transaction data to assess borrower creditworthiness and supports loan origination at scale.
TelmaiTelmai is a data observability company that monitors and enhances data reliability for enterprise customers. The platform helps organizations ensure the quality and integrity of their data infrastructure.
AbbyyABBYY builds AI-based intelligent automation software for enterprises, including intelligent document processing that extracts data from documents in any format or language and process intelligence that provides insights into business process execution. Its products help large organizations turn document data into actionable intelligence to support faster decision-making.
AlephAleph is a financial planning and analysis (FP&A) tool built with a spreadsheet-first approach that integrates company-wide data. It serves finance teams who need to understand historical data, monitor current performance, and forecast future results.
LidoLido automates data extraction from bills of lading and waybills for logistics firms, using OCR to pull shipping details with high accuracy and reconcile them against transportation management or ERP systems. The solution targets mid-market logistics companies seeking to reduce billing delays and manual data entry errors in their audit processes.
ActiondeskActiondesk provides a platform that combines spreadsheet-like ease of use with business intelligence capabilities, allowing users to centralize and analyze live data.
Automation AnywhereAutomation Anywhere provides robotic process automation (RPA), intelligent document processing (IDP), and agentic automation solutions for enterprise customers. The platform helps organizations automate business processes and document workflows.
Blue PrismSS&C Blue Prism provides an agentic automation platform that combines AI, RPA, orchestration, and process mining to help large enterprises automate complex workflows with built-in governance and security. The platform is designed for highly regulated industries including financial services, healthcare, insurance, and manufacturing.

Companies working in the same space as Invofox.

Legal entities · 1

corporate structure
Invofox Inc.

In the news

Invofox Raises $11.5M to Revolutionize Intelligent Document Processing for Unmatched Efficiencyleadsontrees.com · Feb 2025Invofox - Automatically extract data from invoices 🧾ycombinator.com · Aug 2022Invofox Funding | $7.4M Revenue | Complete Analysis | Extruct AIextruct.ai

Frequently asked questions

What does Invofox do?
Invofox provides AI-powered document processing technology that software companies can integrate to automatically extract and process invoices, receipts, bills of lading, and similar documents for their end users.
Who founded Invofox?
Invofox was founded by Alberto Gimeno, Carmelo Juanes, Adrian Ramirez in 2015.
Who are Invofox's investors?
Invofox's investors include Dozen Investments, Y Combinator, 4Founders Capital, ACE & Company, Archipelago VC, Eppes Creek Ventures, JME Ventures, Maiora Rebel Ventures and 2 more.
Where is Invofox headquartered?
Invofox is headquartered in Madrid, ES.