Receipt OCR API for automated data extraction
TagGun monetizes primarily through usage-based fees where each scan of a receipt or invoice counts as one API request, and customers pay based on their monthly scan allocation with additional scans billed at decreasing rates for higher-volume plans. They also offer recurring subscription plans tailored to different customer sizes, such as developer, startup, and business plans, each including a set number of scans per month for a fixed monthly fee. Additionally, TagGun generates revenue through enterprise licensing by managing dedicated hosts for large customers.
“Developer For developers and small projects getting started with receipt and invoice data extraction. $28 USD /month, billed monthly Includes 500 scans/month ... Startup For startups and growing teams processing thousands of receipts and invoices each month. $99 USD /month, billed monthly Include...”
“Average monthly revenue would be about $17,000 to $20,000 per month. And so about $250,000 New Zealand per year, $300,000. So the last 12 months, we're doing about $400K revenue right now... Average customer is paying how much per month? It ranges from like a dollar per month to enterprise custom...”
“How is billing calculated? One scan equals one API request, and each plan includes a set number of scans per month. If you exceed your monthly allocation, additional scans are billed per scan at a rate that decreases on higher-volume plans, from $0.060 on Developer down to $0.040 on Advanced, wit...”
“We are able to fully manage these dedicated hosts. And that's how we sell the enterprise licensing.”