OCR Labs: Funding, Investors & Team (Sep 2026)
OCR Labs enables next generation frictionless experiences in onboarding and information processing across multiple channels with our development services and tools such as our groundbreaking Optical Character Recognition for identity documents and advanced Facial Recognition technology. OCR Labs is a Digital ID business, providing frictionless customer on-boarding, data security and protection against fraud across multiple channels. OCR Labs’ patented technology and accredited biometric solution offers a fast and frictionless digital identity verification - saving businesses millions in fraud loss. Our technology uses Optical Character Recognition for verifying identity documents and Advanced Facial Matching Technology using liveness detection and biometric digital verification. The proprietary technology has been adopted by organisations both in highly-regulated industries such as banking, finance, insurance and government bodies as well as commercial entities including telco, ecommerce and real estate. Since launching in 2018, OCR Labs is now viewed as a world leader in the digital ID verification space. Headquartered in Sydney, Australia, OCR Labs have developed a global footprint, opening a second office based in London, UK. Find out more about how OCR Labs can protect customers and organisations against the increasing risk of fraud and identity theft whilst providing frictionless customer onboarding for access to in-person and digital services at OCRLabs.com.
OCR Labs has raised $45.0M across 2 funding rounds on record, the most recent a Series B of $30.0M announced in Feb 2022.
That round is above the $5.8M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
OCR Labs Company Profile and Key Stats
Latest funding round on record: Feb 2022.
OCR Labs Funding Rounds
OCR Labs raised $15.0M in an undisclosed round announced in Jun 2021.
8 months later, a Series B of $30.0M was announced in Feb 2022.
OCR Labs Founders and Leadership Team
No contact details are on record for this team yet.
OCR Labs Funding Compared to Other Artificial Intelligence Startups
OCR Labs' latest round of $30.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like OCR Labs in Artificial Intelligence and Sydney
Companies Similar to OCR Labs
Axtec, a software platform that supports automation across the property lifecycle. The platform offers tools…
Sharon AI offers infrastructure for traditional AI and GenAI inference and training workloads, alongside…
TakeCare OS is an AI system for disability, aged care, and home care that consolidate the entire…
Vitasora Health is a healthcare technology company specializing in connected care management. It offers…
tday is a developer of AI marketing platform simplifying digital transactions between businesses and…
As organizations move from AI experiments to production systems, they face a new challenge: understanding…
Baymatob is an AI-guided solution to improve health outcomes for mothers and their babies. The company was…
XMO is building a consumer finance product centered on agentic AI and predictive money management. The…
ProcurePro develops procurement management software for construction projects. The platform supports…
InteliCare has commercialised a predictive analytics engine hardware and software system for use in the aged…
We help organisations manage digital risk, enabling them to find and resolve brand and legal compliance…
OCR Labs Funding FAQs
What does OCR Labs do?
OCR Labs enables next generation frictionless experiences in onboarding and information processing across multiple channels with our development services and tools such as our groundbreaking Optical Character Recognition for identity documents and advanced Facial Recognition technology. OCR Labs is a Digital ID business, providing frictionless customer on-boarding, data security and protection against fraud across multiple channels. OCR Labs’ patented technology and accredited biometric solution offers a fast and frictionless digital identity verification - saving businesses millions in fraud loss. Our technology uses Optical Character Recognition for verifying identity documents and Advanced Facial Matching Technology using liveness detection and biometric digital verification. The proprietary technology has been adopted by organisations both in highly-regulated industries such as banking, finance, insurance and government bodies as well as commercial entities including telco, ecommerce and real estate. Since launching in 2018, OCR Labs is now viewed as a world leader in the digital ID verification space. Headquartered in Sydney, Australia, OCR Labs have developed a global footprint, opening a second office based in London, UK. Find out more about how OCR Labs can protect customers and organisations against the increasing risk of fraud and identity theft whilst providing frictionless customer onboarding for access to in-person and digital services at OCRLabs.com.
How much funding has OCR Labs raised?
OCR Labs has raised $45.0M across 2 rounds on record. The most recent is a Series B of $30.0M announced in Feb 2022.
When did OCR Labs last raise funding?
OCR Labs' most recent funding round on record is a Series B of $30.0M, announced in Feb 2022.
Who is the CEO of OCR Labs?
John Myers is listed as CEO at OCR Labs.
Where is OCR Labs headquartered?
OCR Labs is based in Sydney, New South Wales, Australia.
How many employees does OCR Labs have?
OCR Labs is in the 11-50 employee band.
How does OCR Labs' funding compare to other Artificial Intelligence startups?
OCR Labs' latest round of $30.0M is above the $5.8M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.
About FundedIQ's OCR Labs Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for OCR Labs is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.