codeMantra

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codeMantra - overview

Established

2000

Location

Boston, MA-Massachusetts, US

Primary Industry

Business Support Services

About

codeMantra is a technology company specializing in Intelligent Document Processing, providing AI-driven solutions that enhance document management and accessibility across various industries worldwide. Founded in 2000 in Boston, US, codeMantra focuses on Intelligent Document Processing. The company has not undergone notable pivots or changes in business operations. It is led by CEO Daniel Serpico.


The company has engaged in one funding deal, with its most recent deal occurring on February 1, 2013. codeMantra specializes in Intelligent Document Processing (IDP), offering an AI-driven platform designed to manage the entire lifecycle of documents. Their primary solutions include accessibilityInsight™, which assesses and remediates documents to comply with global accessibility standards, and collectionPoint™, an IDP platform that facilitates collaboration, workflow management, distribution, and document delivery. These products transform traditional assets into digital formats for enhanced management and usability.


codeMantra serves clients in the European Union, United States, and United Kingdom, addressing digital accessibility challenges to ensure businesses meet compliance requirements while improving user experiences. codeMantra generates revenue through a structured model of B2B transactions, primarily involving subscriptions and partnerships with organizations seeking digital accessibility solutions. Clients subscribe to their platforms based on their needs, which can include document remediation and digital asset transformation. The company's revenue is largely driven by the scale of document processing required by clients, capable of handling millions of pages annually.


codeMantra is working on enhancing its product offerings in Intelligent Document Processing, with plans to introduce new features designed to improve user experience by the end of 2023. The company aims to expand into additional markets, specifically targeting sectors in North America and Europe by 2024. Recent funding will support these initiatives and enable further development of their accessibility solutions.


Primary Industry

Business Support Services

Sub Industries

Business Support Services, Software

Website

www.codemantra.com

Total Amount Raised

Subscriber access only

codeMantra - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedcodeMantra-

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