Parashift AG

Contrary to popular belief, document extraction is anything but solved. Parashift’s ML-based approach delivers results that have never been achieved in the industry before. Parashift’s mission is to develop a technology that can process all business documents at less than 1 cent per document, in seconds, and in superhuman quality. We believe there will be no need for tedious, stupid manual document work once we have achieved this goal. Supported by several strong VC investors, Parashift has been recognized by Forbes.com as one of the 30 promising AI fintech startups in Europe.