The Intelligent Document Processing (IDP) vendor and growth equity firm Edison Partners announce a majority growth investment. KnowledgeLake also names Kevin Herr as its new Chief Executive Officer (CEO), succeeding long-time CEO Ron Cameron.
KnowledgeLake, an Intelligent Document Processing (IDP) vendor, announced on August 20, 2025, together with growth equity firm Edison Partners, a majority growth investment of $65 million. In addition, KnowledgeLake announced that Kevin Herr, long-time COO and CFO, has been named CEO, succeeding Ron Cameron, who will continue to serve the company in an advisory role.
According to the IDP vendor, the new capital will be invested in customer success, partnership expansion, go-to-market strategies, and market-leading AI capabilities.
Ben Laufer, principal at Edison Partners, commented: “We are incredibly excited to partner with such an established and visionary team. KnowledgeLake stands out for its remarkable, capital-efficient, customer-funded growth. Customers consistently praise their AI-enabled, low-code/no-code platform and support. Their fast time to value, high return on investment, multi-year contracts, and outstanding retention metrics are compelling.”
Kevin Herr, the newly named CEO of KnowledgeLake, commented: “Our technology provides document-centric organizations an unparalleled, easily integrated infrastructure to modernize operations. We’re thrilled to work with Edison’s investors and operators to bring KnowledgeLake to enterprises striving to manage costs while investing in digital transformation.”
In June, KnowledgeLake introduced new features to its Synthetic Labor platform, including smarter indexing with improved table controls, a focused inbox, confidence scores, and faster AI training.
Headquartered in St. Louis, Missouri, KnowledgeLake combines Intelligent Document Processing (IDP), Workflow Automation, Robotic Process Automation (RPA), and Content Management into a single, scalable enterprise automation platform.
You can find the full press release here. To find more news from KnowledgeLake, click here.
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