Parashift

Companies - from SMBs to large enterprises - use the Parashift Intelligent Document Processing Plattform to configure, classify and extract their business documents. The platform comes with more and more document types from different industries that can be consumed directly without configuration or training. Following this principle, for example, the Procure to Pay solution offers 10 ready-to-use APIs. 200+ are in the making. In addition, customers can set up new, individual document types themselves within only a few minutes. The platform learns from each interaction and continuously simplifies extracting data from documents.

Parashift, founded in 2018, is a deep-tech company focusing on the autonomization of document extraction through machine learning. Parashift is headquartered near Basel and employs around 30 people. Forbes named Parashift 2019 as one of the 30 most promising AI startups in Europe.