Deals

ProcessMaker acquires Doculayer

Next-generation intelligent document processing solution

Background

Doculayer, based in Amsterdam and The Hague, is a powerful next-generation intelligent document processing solution. Through its application of machine learning and artificial intelligence, Doculayer can classify and extract meaning and data from documents. Doculayer’s unique intelligence can handle not only structured data that resides in known forms and tables, but also completely unstructured data from images, chats, emails, and much more with 99% accuracy.

Deal Summary

ProcessMaker acquires Doculayer.ai from InnovationQuarter, Disruptive Technology Ventures, and management. With this acquisition, ProcessMaker gains entry into the Dutch market and expands on its comprehensive approach to process orchestration and automation. ProcessMaker will incorporate Doculayer into its business process management (BPM) platform and accelerate product enhancements to benefit ProcessMaker’s growing global customer base.

Learn more

Ruud van Hoek

Stepstone Corporate Finance+

T: +31 621577232