natif.ai

Overview
News
Natural Language Processing Tools?
Product stageSegments
Early
?
Document analysis
?

natif.ai is a pioneer in intelligent document processing (IDP), integrating innovative AI with machine learning for automated document processing. Founded in 2019 as a spin-off of the German Research Institute for Artificial Intelligence (DFKI), the company developed a platform that uses high-performance AI models and proprietary Deep-OCR technology to analyze documents quickly and accurately, extracting relevant data. natif.ai's technology enables developers to automate document tasks with state-of-the-art AI technologies, aiming to become the market standard in document processing.

The company's platform can be implemented in just a few minutes and is designed to process a wide variety of documents, including letter mail, invoices, receipts, and insurance contracts. It offers features such as document extraction, handwriting recognition, document separation, and document categorization. natif.ai claims its technology can process documents 30-60 times faster and with an automation rate up to 10 times higher than current technologies. The platform is compliant with data protection regulations and can be easily integrated into existing processes via APIs.

In April 2024, natif.ai was acquired by DocuWare, a leading provider of document management and workflow automation solutions. Following the acquisition, natif.ai continues to operate as an independent legal entity within the DocuWare Group, maintaining its presence in Saarbrücken, Germany.

Key customers and partnerships

natif.ai's platform is primarily used by software providers, banks, insurance companies, law firms, tax firms, and consulting firms. The technology enables these businesses to automate a wide range of document processes quickly and independently. The company's focus on serving various industries indicates a diverse client base.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Saarbrücken DEU
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 5.5 mn
Last Funding:
USD 5.5 mn (Seed; Mar 2022)
Last valuation:
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Key competitors
 
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