Company Overview
Snapshot
Founded in July 1998 by Eliyahu Comay and Ofer Comay, CharacTell operates with 1–10 employees. The company holds a patent and specializes in advanced OCR solutions. In July 2026, CharacTell ceased to operate.
Business overview
CharacTell develops optical character recognition (OCR) and document recognition engines, alongside comprehensive data capture solutions. Its technology is designed for both scanned and mobile-captured documents, offering services such as reading unknown invoices, OCR for forms, and instant extraction from IDs like driver's licenses and passports, all processed in the cloud. The company primarily serves the Business Software sector, with a focus on enterprise solutions for banks, financial institutions, content providers, municipalities, and government entities.
Strategic signal
CharacTell ceased operations in July 2026. This indicates a significant and recent strategic shift for the company, signaling to investors and innovation teams that the business is no longer active in the market.
Company Intelligence Q&A
- What is CharacTell's primary business?
- CharacTell develops optical character recognition (OCR) engines, document recognition engines, and complete data capture solutions for both scanned and mobile-captured documents.
- When was CharacTell founded and by whom?
- CharacTell was founded in July 1998 by Eliyahu Comay and Ofer Comay.
- What is the operational status of CharacTell?
- CharacTell ceased to operate in July 2026.
- What specific products does CharacTell offer?
- CharacTell offers products such as idCliQ and FormStorm, designed for data processing and handprint recognition.
- Where is CharacTell headquartered?
- CharacTell has an address in Tel Aviv-Yafo, Israel, and an office in Newton, MA, United States.