Ripcord Acquires LearningPal
April 21, 2022
Ripcord, a Hayward, California-based document digitization and intelligence company, acquired LearningPal, a Silicon Valley machine-learning OCR and document understanding technology provider. The acquisition is intended to integrate LearningPal's advanced OCR and large-format document processing capabilities—including enterprise-scale Japanese language extraction—into Ripcord's robotic digitization and document intelligence platform to accelerate capability expansion and global market reach.
- Buyers
- Ripcord
- Targets
- LearningPal
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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