악어디지털
Category: AI in Insurance
South Korean AI document-intelligence firm Akuodigital (악어디지털) offers VLM-powered OCR platform Papers GO AI plus AI-OCR engine KANDA and document platform Mingo for public-sector, enterprise, healthcare, and insurance digitization. 악어디지털 was founded in 2014. The company is led by 김용섭. Based in Yongin-si, Gyeonggi-do, South Korea. Team size: 11-50. Total funding raised: $21.4M. Latest round: Series C. Key investors include Capstone Partners, HB Investment, SB Partners, Korea Investment PE, Hana Financial Investment, KDB Capital, KB Securities, BNH Investment, Premier Partners, Industrial Bank of Korea.
- Founded
- 2014
- Headquarters
- Yongin-si, Gyeonggi-do, South Korea
- Team size
- 11-50
- Total funding
- $21.4M
Value proposition
Akuodigital digitizes unstructured paper at scale with proprietary AI-OCR (KANDA), document platform Mingo, and VLM-based Papers GO AI (99% classification / 98% extraction without retraining), serving public archives, enterprises, healthcare, and insurance.
Products and solutions
Papers GO AI, Mingo (AI document platform), KANDA (AI-OCR engine)
Target customer
Public-sector archives and government agencies; enterprises (manufacturing, biotech, professional services); healthcare/medical institutions; insurance (claims and underwriting)
Industries served
Public sector (government/archives), Enterprise (general document digitization), Healthcare / medical records, Insurance
How they differentiate
They eliminate model retraining for new document types by using VLM to automatically generate extraction templates from sample documents, achieving 99% classification and 98% extraction accuracy without coding or pre-training.
Main competitors
ABBYY, Hyperscience, Microsoft, Google
Notable customers
Presidential Archives (대통령기록관), Board of Audit and Inspection (감사원), Prosecution Service (검찰), National Assembly Library (국회도서관), Samsung Biologics, Samsung SDS, Samjung KPMG, Hanwha Solutions, Gimpo City Hall, 5.18 Democratization Movement Archives
Major milestones
Founded in 2014, Developed proprietary AI-OCR engine 'KANDA', Launched VLM-powered AI-OCR platform 'Papers GO AI' in 2025/2026 (news date context), Completed over 350 document digitization projects, Claims a proprietary foundation model with 5 trillion parameters, Launched VLM-powered AI-OCR platform Papers GO AI in April 2026
Market positioning
Korea-based AI document digitization / intelligent document processing company (AKUODIGITAL) expanding SaaS/OCR into Japan via Papers GO AI, with deep B2G archive and enterprise BPO references.
Geographic focus
South Korea (HQ Yongin); Japan (AKUODIGITAL KK, Papers GO AI GTM); planned broader Asia expansion
Patents and IP
7 patents (The VC patent registry; most recent registration noted 2025-05-12)
About 김용섭
CEO Kim Yong-seop previously worked at SecureSoft (public certificate solutions), AhnLab (security software, 2004-2007), and Naver (security developer, 2007-2014, including Japan assignment as local correspondent)
Latest news about 악어디지털
More AI in Insurance companies
Official website: https://akuo.ai