Xtracta revenue hit $2M in 2024

Xtracta generates revenue from 1000 customers

Xtracta

Auckland , New Zealand

About Company RevenueTeamFounder/CEOCustomersCEO Net Worth

How Xtracta hit $2M revenue and 1K customers in 2023.

Xtracta provides technology, powered by artificial intelligence that automatically captures data from documents. Supporting scanned, photographed or digital documents, the technology is designed to be embedded into mobile, cloud or desktop applications via an easy to use API. Utilising machine learning and Big Data, the technology doesn't require manual template setup and can scale to a limitless count of document designs; perfect for document types like invoices, receipts, contracts and more. Xtracta's technology is typically used by software companies, outsourcing providers or business process solution providers. Delivered over the cloud, the technology is simple to deploy for many applications including those in the cloud or on-premise.

Founded

2010

Founded

Revenue

$2M

2023 Revenue

YOY

12.4%

YOY

Funding

$0

Funding

Xtracta Revenue

In 2023, Xtracta revenue run rate hit $2M in revenue.

  • 2023

    Xtracta hit $2M in revenue in 2023

  • 2021

    Xtracta hit $1.6M in revenue in 2021

  • 2010

    Xtracta launched in 2010 with $0 revenue

Xtracta Funding History


No funding has been reported for Xtracta yet.

Team

Xtracta has 24 total employees and 2 sales reps that carry a quota. They have 1,000 customers an engineering team of 10

DISTRIBUTION QTY
Total team size 24
Engineer 10 (42%)
Sales 2 (8%)

Founder / CEO

Jonathan Spence

Founder and CEO, Jonathan Spence became frustrated with the lack of innovation in the available software. Coupled with this was the high cost and length of deployment associated with templating documents and the extreme high complexity of the software. Driven by the desire to make great quality, innovative software that was easy to use, easy to deploy and low cost, Jonathan started Xtracta in 2010 to develop the cloud-based, licensable technology that is available today. Today, the company boasts a world-class Artificial Intelligence (AI) research team who bring together their vast academic knowledge – several of whom hold PhDs in this specialist area – and commercial experience from around the world.

Q&A

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Customers

Churn

Xtracta Executives

Name Position Working Email Personal Email
Jonathan Spence CEO [email protected] -

Xtracta Employees

Name Position Working Email Personal Email
Jonathan Spence CEO [email protected] -

Frequently Asked Questions about Xtracta

  • When was Xtracta founded?

    Xtracta was founded in 2010.

  • How much revenue does Xtracta generate?

    Xtracta generates $2M in revenue.

  • Who is the CEO of Xtracta

    The CEO of Xtracta is Jonathan Spence.

  • How much funding does Xtracta have?

    Xtracta raised $0.

  • How many employees does Xtracta have?

    Xtracta has 24 employees.

  • Where is Xtracta headquarters?

    Xtracta is headquartered at Auckland , New Zealand

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