Parashift
Accelerating paradigm shifts in the financial industry by leveraging new technologies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Debt | |
| Total Funding | 000k | ||
| EUR | 2015 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
Related Content
Parashift offers an Intelligent Document Processing (IDP) platform designed to help enterprises automate the handling and understanding of various documents. The core of the service is to reduce the manual effort and time involved in data extraction and processing, streamlining workflows for its clients.
The platform leverages proprietary AI and Large Language Models (LLMs) to classify documents, extract structured data, and integrate with existing business applications. This allows for the automation of tasks such as invoice processing, digital mailroom management, and data entry from unstructured documents like contracts or reports.
The company primarily serves enterprise-level clients across several industries, including logistics, insurance, and real estate. The business model is centered on providing this software as a service, with an API that enables developers to embed the document processing capabilities directly into their own systems and processes.
Keywords: Intelligent Document Processing, data extraction, document automation, OCR, machine learning, AI, logistics, insurance, real estate, API