# Heron Data

> Heron Data builds AI software that automates document-heavy workflows in financial services - reading, extracting, enriching and routing the messy bank statements, tax forms, applications and claims that pile up in lending, equipment finance and insurance. Founded in 2020 and operating as Open Credit Technologies, Inc., the company turns unstructured paperwork into structured data and syncs it directly into customers' CRMs. It serves 150+ fintechs, financiers and insurers, processes hundreds of thousands of documents weekly, and raised a $16M Series A led by Insight Partners in July 2025.

- **Founded:** 2020
- **Headquarters:** New York, United States
- **Founders:** Johannes Jaeckle (Co-Founder & CEO), Dominic Kwok (Co-Founder & CTO), Jamie Parker (Co-Founder & CRO)
- **Team size:** ~62 employees (offices in New York and London)
- **Products:** Document Intake & Parsing, Data Extraction & Enrichment, Automated Checks, Analytics & Relay, CRM & Workflow Integration
- **Notable:** Raised a $16M Series A led by Insight Partners in July 2025, Reached $1M ARR with only three founders and two employees - an unusually capital-efficient milestone, Tripled annualized revenue in 2024

## Products & services

- **Document Intake & Parsing** — Ingests documents from email, portals and other channels and parses 50+ document types - bank statements, tax forms, applications, financial statements and more.
- **Data Extraction & Enrichment** — Uses LLMs and ML to extract structured data from unstructured documents and enrich it with additional context for underwriting and decisioning.
- **Automated Checks** — Runs compliance, fraud and consistency checks on extracted data to flag issues before a human review step.
- **Analytics & Relay** — Surfaces analytics on processed documents and relays structured results into downstream systems.
- **CRM & Workflow Integration** — Syncs structured, verified data directly into customers' CRMs and internal workflows, removing manual data entry.

## Achievements

- Raised a $16M Series A led by Insight Partners in July 2025
- Reached $1M ARR with only three founders and two employees - an unusually capital-efficient milestone
- Tripled annualized revenue in 2024
- Grew to 150+ customers across lending, equipment finance and insurance
- Processes 350,000+ documents per week and supports 50+ document types
- One of the earliest adopters of LLMs in live, production business processes

## Latest updates

- **2025-07** — Closed a $16M Series A led by Insight Partners (with participation from Y Combinator, BoxGroup and Flex Capital) to scale AI-driven document automation across financial services.
- **2024** — Tripled annualized revenue and expanded into insurance and specialty finance.

## Links

- Website: https://www.herondata.io
- LinkedIn: https://www.linkedin.com/company/heron-data
- Twitter/X: https://x.com/herondata
- GitHub: https://github.com/heron-data

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Profile page: https://yespress.io/heron-data
Published by YesPress — https://yespress.io
Last updated: 2026-06-15