When was ABBYY founded?

ABBYY was founded in 1989 and raised its 1st funding round 22 years after it was founded.

Where is ABBYY located?

ABBYY is headquartered in Milpitas, United States. It is registered at Milpitas, California.

How many employees does ABBYY have?

As of Aug 31, 2026, the latest employee count at ABBYY is 950.

Is ABBYY a funded company?

ABBYY is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Sep 27, 2011.

When was the latest funding round of ABBYY?

ABBYY's latest funding was a $***** PE round on May 11, 2021, with participation from 1 investor. Its primary sector is Digital Transformation Services. In United States, the Digital Transformation Services sector has seen $172M in funding in 2026 to date.

Where does ABBYY rank among its competitors?

ABBYY ranks 43rd amongst 18331 active competitors, of which 879 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Glean, which secured $150M in Jun, 2025.

Who are the top competitors of ABBYY?

ABBYY's top competitors include Automattic, Airtable and Box. Among them, Glean secured the most recent funding round in June, 2025.

ABBYY - 2026 Company Profile, Team, Funding & Competitors

ABBYY is a late stage company based in Milpitas (United States), founded in 1989 by David Yang and Ivan Smolnikov. It operates as a Provider of intelligent automation software and solutions for document and process understanding. ABBYY has raised an undisclosed amount in funding from Marlin Equity Partners. The company has 18331 active competitors, including 879 funded and 718 that have exited. Its top competitors include companies like Automattic, Airtable and Box.

Company Details

Provider of intelligent automation software and solutions for document and process understanding. The company offers document AI for input, classification, splitting, and data extraction. Process AI solutions include process discovery, analysis, monitoring, prediction, and simulation. The marketplace provides AI extraction models, connectors, and assets.

Website: www.abbyy.com
Social
Email ID: *****@abbyy.com
Phone Number: +7 **********
Registered Address: Milpitas, California

Key Metrics

Founded Year

1989

Location

Milpitas, United States

Stage

Late Stage

Latest Funding Round

PE, May 11, 2021, $*****

Investors

Marlin Equity Partners & 1 more

Ranked

43^rd among 18331 active competitors

Employee Count

950 as on Aug 31, 2026

Investment & Acquisitions

Pericom Imaging & 4 more

Similar Companies

Box & 10521 more

View ABBYY's full profile

ABBYY is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Abbyy Europe GMBH CIN: 0658.791.930 , Belgium, Active	Jul 18, 2016	-	-	-
ABBYY USA SOFTWARE HOUSE, INC. CIN: 32050913402 , United States, Active		-	-	-
ABBYY USA SOFTWARE HOUSE, INC. CIN: 943368393 , United States, Active	Dec 26, 999	-	123 (As on Dec 31, 2024)	-

ABBYY has raised funding over 2 rounds. Its first funding round was on Sep 27, 2011. Its latest funding round was a PE round on May 11, 2021 for $*****. 1 investor participated in its latest round. ABBYY has 2 institutional investors.

Here is the list of recent funding rounds of ABBYY:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 11, 2021	9863495	PE	9864212	5008109	7262709	3637278
Sep 27, 2011	5557912	Unattributed	4468187	6898650	6542251	Fujitsu

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View details of ABBYY's funding rounds and investors

The founders of ABBYY are David Yang and Ivan Smolnikov.

Here are the details of ABBYY's key team members:

David Yang: Founder of ABBYY.
Ivan Smolnikov: Co-Founder of ABBYY.

View details of ABBYY's Founder profiles and Board Members

ABBYY's employee count trend

ABBYY has 950 employees as of Aug 26. Here is ABBYY's employee count trend over the years:

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Top competitors of ABBYY include Automattic, Airtable and Box. Here is the list of Top 10 competitors of ABBYY, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Automattic 2005, San Francisco (United States), Series E	Developer of open-source content management system	$896M	Tiger Global Management, Endurance International Group ... & 32 others	85/100
2nd	Airtable 2013, San Francisco (United States), Acquired	Cloud and AI based low code workflow and app development platform	$1.35B	CRV, Caffeinated Capital & 58 others	82/100
3rd	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, USVP & 38 others	80/100
4th	The Access Group 1991, Loughborough (United Kingdom), Late Stage	Developer of cloud software for payroll and human resources management	$1.49B	Lyceum Capital, Hg & 23 others	79/100
5th	Kaltura 2006, New York City (United States), Public	Provider of video solutions for webinars, events, hubs, and virtual classrooms	$145M	Goldman Sachs Investment Partners, Nexus Venture Partners ... & 16 others	78/100
6th	Glean 2019, San Francisco (United States), Series F	Cloud-based platform for enterprise search	$765M	Lightspeed Venture Partners, Altimeter Capital ... & 52 others	77/100
7th	Visma 1996, Oslo (Norway), Acquired	Developer of cloud software for business management and accounting tasks	-	GIC, General Atlantic & 27 others	77/100
8th	Moveworks 2016, Mountain View (United States), Acquired	Developer of an AI assistant platform for enterprise workflow automation	$315M	Sapphire Ventures, Bain Capital & 12 others	73/100
9th	UiPath 2005, New York City (United States), Public	Provider of a platform for agentic automation and AI solutions	$1.96B	Alkeon Capital Management, Coatue & 47 others	72/100
10th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
43rd	ABBYY 1989, Milpitas (United States), Late Stage	Provider of intelligent automation software and solutions for document and process understanding	-	Marlin Equity Partners, Fujitsu	65/100

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ABBYY has made 1 investments in companies including Findo. ABBYY has also acquired 4 companies including Pericom Imaging and TimelinePI.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 07, 2020	Acquisition	Pericom Imaging	1987	Singapore (Singapore)
May 20, 2019	Acquisition	TimelinePI	2016	Philadelphia (United States)
Oct 17, 2018	Acquisition	ATAPY Software	2001	Novosibirsk (Russia)