Beacon NY (April 19, 2024) — DocuWare, a leading provider of document management and workflow automation solutions announces its acquisition of natif.ai.
“This is a highly significant and strategic acquisition for us. It allows us to provide our customers around the world with cutting-edge AI technology, which is vital to business growth and progress. Combining the expertise of the natif.ai team with ours will take DocuWare to the next level as an ECM leader,” stated Dr. Michael Berger, DocuWare president.
The move by DocuWare to strengthen its AI offerings by acquiring one of the most innovative startups in Germany’s booming tech landscape is evidence of the company leadership’s vision for the future of DocuWare. Germany’s startups have long attracted the attention of international investors and entrepreneurs. Post-acquisition, DocuWare plans that natif.ai and its expert team will remain in the AI hotspot of Saarbrücken, Germany.
With highly compatible corporate cultures, DocuWare welcomes the new energy that a startup will bring to its organization. natif.ai is wholly owned by DocuWare and will operate as an independent legal entity within the company. Its executives and employees will become part of DocuWare.
In a joint statement, Johannes Korves and Manuel Zapp, co-CEOs of natif.ai, said: “We are excited to take this giant leap forward and become a part of the DocuWare Group. Our core driver has always been to accelerate and sustain growth through technology. The expertise of our combined teams will take DocuWare to another level as an ECM provider. These are exciting times, and we are excited to be a part of the change.”
More details on the acquisition and what it means to DocuWare will be shared with the company’s valued partners during their upcoming DocuWorld Partner Conferences in Berlin, Houston and Kuala Lumpur.
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About DocuWare
DocuWare is a leading provider of document management and workflow automation solutions. Together with its 800+ strong partner network, DocuWare has helped approximately 19,000 customers across 100+ countries simplify their work through digitizing, automating and transforming key processes. DocuWare’s corporate headquarters are in Germering, Germany. The US office is based in New York. The company maintains office locations in Saarbrücken, Germany Paris, France; Barcelona, Spain; Sofia, Bulgaria; Reading, UK and Brisbane, Australia.
About natif.ai
natif.ai is a pioneer in intelligent document processing (IDP) by integrating innovative AI with machine learning for automated document processing. The company, known for its collaborations and white label technology, offers versatile solutions for all industries. It was founded in 2019 by Manuel Zapp, Johannes Korves, Christophe Hocquet and Berenger Laurent, with Matthias Hoefler joining the founding team in 2023. The last financing round was led by redalpine with High-Tech Gründerfonds, 468 Capital, F-LOG Ventures, Premius GmbH and Bold Ventures contributing. Natif.ai was advised on the transaction by Clipperton Finance.
