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Docsumo Intelligent Document Processing for Lending
Docsumo Intelligent Document Processing for Lending

Docsumo Intelligent Document Processing for Lending

ProductOperating Status: Currently Offered

Docsumo reads and cross-checks mortgage and other loan documents, sending only exceptions to underwriters.

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Overview

Docsumo is a document processing product for lenders that classifies, splits, and extracts fields from bank statements, pay stubs, tax forms, and identity documents, each with a confidence score. It compares the extracted values against the loan application and against one another, then routes only exceptions to an underwriter. The product is available through a REST API and webhooks that post checked data into an existing loan origination system or CRM.

The product targets mortgage, small business, commercial, consumer, and debt settlement lenders. It is built around pre-trained models covering hundreds of document types and cross-document validation controls that a lender configures per loan product.

Classification

Industry
  • Lending
Tags
  • Document Processing

Direct Competitors

  • TRUE

    TRUE logo

    Mortgage Operations Service

    true.ai

AttributeDocsumo Intelligent Document Processing for LendingMortgage Operations Service
ProviderDocsumodocsumo.com3.5M raised · SeedTRUEtrue.ai21.9M raised · Series B
Founded20192017
Sells ToEnterprise, Small BusinessEnterprise
Pricing ModelRecurringRecurring, SaaS, Software
OwnershipVenture CapitalPrivate
Docsumo Intelligent Document Processing for Lending

Provider Docsumodocsumo.com3.5M raised · Seed

Founded 2019

Sells To Enterprise, Small Business

Pricing Model Recurring

Ownership Venture Capital

Mortgage Operations Service

Provider TRUEtrue.ai21.9M raised · Series B

Founded 2017

Sells To Enterprise

Pricing Model Recurring, SaaS, Software

Ownership Private

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