# Invofox

> Invofox is an AI document-processing platform that turns invoices, receipts, payslips, and shipping papers into clean, structured JSON through a single API. Built for software companies rather than end users, it pairs high-accuracy OCR and machine-learning models with human-in-the-loop verification so fintechs, accounting platforms, lenders, and logistics operators can automate payments and bookkeeping without anyone re-typing a document. Founded by three Spanish mathematics and computer-science graduates, backed by Y Combinator (S22), and now processing tens of millions of documents a year.

- **Founded:** 2022
- **Headquarters:** San Francisco, United States (originally Madrid, Spain)
- **Founders:** Alberto Gimeno (Co-Founder & CEO), Carmelo Juanes (Co-Founder & CTO), Adrian Ramirez (Co-Founder (Machine Learning))
- **Team size:** ~34-40 employees
- **Products:** Document Parsing / OCR API, Classifier & Splitter, Data Verification (Human-in-the-Loop), Continuous Learning, Embeddable / White-label Program
- **Notable:** Accepted into Y Combinator's Summer 2022 batch, Grew to serve 100+ software companies, Processing tens of millions of documents per year (17M+ invoices)

## Products & services

- **Document Parsing / OCR API** — A single API that converts PDFs and images into structured JSON using dual-pass OCR, table reconstruction, entity normalization, and confidence scoring across 7+ languages.
- **Classifier & Splitter** — Automatically detects document type and splits multi-document batch uploads into the right individual files before extraction.
- **Data Verification (Human-in-the-Loop)** — Validation rules plus human reviewers that check fields, autocomplete missing data, and catch errors so downstream automation can run unattended.
- **Continuous Learning** — Models that improve from customer corrections over time and adapt to industry-specific and custom schemas.
- **Embeddable / White-label Program** — Lets software platforms embed Invofox's document processing directly into their own products under their brand.

## Achievements

- Accepted into Y Combinator's Summer 2022 batch
- Grew to serve 100+ software companies
- Processing tens of millions of documents per year (17M+ invoices)
- Reported $3M+ ARR with 10%+ month-over-month growth
- Relocated headquarters from Madrid to San Francisco in 2024
- SOC 2, ISO 27001, GDPR, and HIPAA compliance

## Latest updates

- **2024-01** — Relocated headquarters to San Francisco while keeping Madrid operations.
- **2025-06** — Press coverage highlights growth to 100+ software-company customers and multi-million ARR.

## Links

- Website: https://invofox.com
- LinkedIn: https://www.linkedin.com/company/invofox
- Twitter/X: https://twitter.com/invofoxhq

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Profile page: https://yespress.io/invofox-yc-s22
Published by YesPress — https://yespress.io
Last updated: 2026-07-30