Invofox vs Veryfi Invoices OCR API
Invofox
invofox.com
Veryfi Invoices OCR API
veryfi.comSide by side
| Figure | Invofox | Veryfi Invoices OCR API |
|---|---|---|
| Price from | $500/mo | $500/mo |
| Free plan | Yes | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| macOS | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 4 | 3 |
| Spec score · Invoice Processing Software | 8.8 (#4) | 8.6 (#6) |
| API endpoint | Uploads use POST https://api.invofox.com/v1/ingest/uploads with an x-api-key header and multipart form data. | Invoice processing uses the REST endpoint POST /api/v8/partner/documents. |
| Company legal name | The legal notice names INVOFOX INC, BRANCH IN SPAIN, with a registered office in Madrid. | Crunchbase identifies the legal name as Veryfi, Inc. |
| Company size | LinkedIn lists Invofox as having 11–50 employees. | LinkedIn lists Veryfi's company size as 51-200 employees. |
| Funding | Crunchbase identifies Invofox as a private seed company with two recorded funding rounds and seven investors, including Rebel Fund and JME Ventures. | Crunchbase lists three funding rounds, including a Series A, and names Act One Ventures among six investors; the displayed funding amounts are obscured. |
| Headquarters | Madrid, Spain | San Mateo, California, United States |
| Integrations | The Zapier integration can route extracted data to more than 9,000 apps, including workflows with Google Drive and Google Sheets. | Veryfi lists QuickBooks, QuickBooks Online, Xero, NetSuite, Sage, Saasu, Slack, Box, Rippling, Zapier and Google Drive integrations. |
| Security | Invofox states it is SOC 2 Type II, ISO 27001, GDPR, and HIPAA compliant. | Veryfi states that it has SOC 2 Type 2 certification, uses TLS 1.2/1.3 and AES encryption, and supports GDPR, CCPA and HIPAA compliance with a BAA available on request. |
| Support | The Free plan includes community support, Starter includes email support, and Scale includes priority support and a dedicated account manager. | The invoice API page offers API documentation, FAQs, human expert support, and a free demo. |
| What it does | Invofox is a B2B SaaS service that digitizes documents and returns extracted structured data. | Veryfi converts invoices supplied as PDFs or images into structured JSON data through an AI API. |
Plans
Invofox
- FreeFree
- Starter$500 a month
- EnterprisePriced on request
- ScalePriced on request
Veryfi Invoices OCR API
- FreeFree
- Starter$500 a month
- GrowthPriced on request
In their own words
Invofox
Invofox extracts structured information from PDFs, images, and scanned files, returning JSON through an API. Its pipeline handles OCR, document splitting and classification, field extraction, schema mapping, validation, and webhook delivery. Custom schemas let teams map extracted fields to their own data models. Invofox reports 99.2% document extraction accuracy and says reported mistakes are automatically credited back. Zapier can route extracted data to more than 9,000 apps, including Google Drive and Google Sheets. Invofox states that it complies with SOC 2 Type II, ISO 27001, GDPR, and HIPAA, and encrypts data in transit with TLS 1.3 and at rest with AES-256. Cloud is the default deployment. Zero retention is an opt-in for Scale and Enterprise, while on-premise deployment is reserved for Enterprise. The Free plan covers 500 pages and includes pre-trained models for invoices, receipts, utility bills, tickets, and payslips. Starter costs $500 a month, billed annually, for up to 5,000 pages per month. Scale and Enterprise have custom pricing.
Veryfi Invoices OCR API
Veryfi Invoices OCR API extracts invoice information into structured JSON, including vendor details, line items, tax, and totals. It accepts documents such as PDFs and images, and the response includes OCR text for downstream applications. Veryfi says the API supports over 150 fields covering supplier, line-item, tax, and payment data. The product page describes checks for altered or duplicate invoices, including digital tampering analysis, PDF layer analysis, and duplicate detection. Developer resources include SDKs and code samples for Python, Node.js, PHP, C#, and Java, among other languages; n8n and Zapier are listed for workflow connections. Veryfi states that its platform is SOC 2 Type II certified and uses TLS 1.2 and 1.3, salted password hashing, and AES encryption at rest and in transit. It says it complies with GDPR, CCPA, and HIPAA, and will sign a BAA upon request. The API is described for accounts payable, bill pay, and three-way purchase-order matching. The free plan allows up to 100 documents monthly. Starter costs $500 a month, with a minimum commitment and a listed $0.16; each transaction covers a document up to 15 pages.