FinovateSpring 2018 / Ephesoft
Presenter Profile:
How they describe themselves: Ephesoft delivers a cloud-based, smart document capture and analytics platform that turns the world’s unstructured content into actionable information using supervised machine learning and impoving business processes. The solution automatically identifies documents and extracts the valuable information, accelerating purchases, invoices, mortgage approvals, background checks, insurance claims and other important transactions.
How they describe their product/innovation: See how BI can be unlocked for mortgage document processing through data mining and analytics. Using patented supervised machine learning, the platform can find patterns, anomalies, trends and insightful information to help organizations minimize risks and optimize opportunities tapping from multiple sources. The solution expedites loan processing, reduces manual data entry, ensures accuracy and optimizes intelligence to make critical and impactful decisions.
Product distribution strategy: Direct to Business (B2B)and through partners
Contacts
Bus. Dev.: Stephen Boals, VP Bus. Dev., stephen.boals@ephesoft.com, 949-335-5335
Press: Leah McEachern, MarCom Manager, leah.mceachern@ephesoft.com, 949-767-8179
Sales: Russ Hubbard, CRO, russ.hubbard@ephesoft.com, 949-335-5335
Website: ephesoft.com
LinkedIn: linkedin.com/company/1435180
Twitter: @Ephesoft
HQ: Irvine, CA
Founded: April 2010
Product Demoed: Ephesoft Platform
Metrics: First cloud based and Capture-as-a-Service platform for document capture solutions, patent awarded for innovative supervised machine learning algorithms; HQ: Irvine, California with global offices with over 135 employees, hundreds of customers in over 50 countries and 6 continents and over 6,000 system users.
Presenters: Scott Lee (Senior Product Manager), Chris MacWilliams (Lead Solution Engineer)
- Key Executives
Ike Kavas (CEO), Naren Goel (CFO), Russ Hubbard (Chief Revenue Officer)
Key Stats
- Key Board Members
Joe Kaiser (Director, Mercato Partners), Portfolio Companies include Central Logic, Cradlepoint, Control4, Domo, Primary Data, Venafi, Steelhouse, Stance, Sphero, Skullcandy; Montgomery Kersten (Angel Investor), previous CEO & Co-Founder of VitalSigns Software and Independent Board Member; Don Field (Former CEO, Ephesoft); Ike Kavas (CEO, Ephesoft)
- Key Investors
Mercato Partners, In-Q-Tel (George Hoyem, Managing Partner, In-Q-Tel), Fujitsu (KnowledgeLake) Bernie Schweiss, CEO, KnowledgeLake)
- Key Partnerships
Ephesoft partners with over 250 tech companies, integrators, solutions partners and resellers, including Microsoft, Box, HP, Konica Minolta, Fujitsu, Infor and others.
- Key Customers
Ephesoft customers range from Fortune 50 to 5 person businesses mostly in financial services, insurance, government and healthcare and specific high-document volume departments like accounts payable and GDPR compliance.