News

AI company Mad Street Den raises $30M Series C funding round

MSD announced that it has raised $30m in a Series C funding round led by Avatar Growth Capital with participation from Sequoia Capital and Alpha Wave Global.

Parascript adds signature verification patent to portfolio

Parascript, an Intelligent Document Processing (IDP) provider, announced that it has been granted a patent for methods and systems for signature verification.

JIFFY.ai partners with Group Black to help Black-owned media

IDP provider JIFFY.ai has announced a partnership with Group Black, a media collective, to leverage AI to bring operational excellence to Black-owned media.

Parashift has been named a leader in SPARK Matrix™ IDP 2022

IDP vendor Parashift announced that it has been named a leader by Quadrant Knowledge Solutions in its SPARK Matrix™: Intelligent Document Processing (IDP) 2022.

Impactsure’s SureXtract solution has been selected by SGX

Impactsure, an AI/ML-powered document analytics company, announced that Singapore Exchange (SGX Group) has selected its solution to extract unstructured data.

HFS Research’s latest Market Scan considers 42 IDP vendors

Research and technology analyst firm HFS has released its latest Intelligent Document Processing Market Scan, which evaluates 42 IDP vendors in three segments.

IDP vendor Parashift and BSI partner to boost banking sector

IDP provider Parashift announced a partnership with BSI to enable companies in the banking sector to process complex documents and unstructured data with AI.

IDP provider AYR joins BNY Mellon’s Accelerator Program

Intelligent Document Processing vendor AYR announced that it has been selected for BNY Mellon’s Accelerator Program to leverage next-gen intelligent automation.

Infrrd’s Research Lab wins 1st place in NLP competition

Intelligent Document Processing (IDP) provider Infrrd announced that its Research Lab has won the Natural Language for Optimization (NL4Opt) 2022 competition.