Alkymi

Alkymi offers a no-code workflow automation platform that enables users to extract, analyze, and automate tasks relating to critical business data in emails, files, and documents. Users can leverage machine learning algorithms to create their own automations and connect to the most suitable data sources. 

The platform also provides users with access to a library of around 500 pre-packaged data models and automation templates (called “Patterns Blueprints”) that can be used to configure automation on top of Alkymi’s computer vision model. These templates include text and table parsing algorithms, image conversion and handwriting recognition, and native file type support.  

In July 2023, Alkymi introduced Alpha, a generative AI solution that enables financial services teams to extract information from documents and proprietary data sets. The solution provides an interactive chat interface for users to make queries and generate contextual answers, search for related documents, and summarize information. The tool can be used for due diligence, investment performance analysis, crafting reports, and addressing client queries, expediting essential business operations.

Key customers and partnerships

As of November 2023, the company served a number of enterprise clients including Uipath, Ingram, Simcorp, and Interactive Brokers across industries such as financial services, healthcare, technology, energy, and transportation. 

Funding and financials

In October 2022, Alkymi raised USD 21 million in Series A funding led by Intel Capital to expand its employee base and invest in product development and go-to-market activities. Alkymi’s platform was reportedly used to enable over 90 million data actions, which led to a 300% rise in revenues YoY within that same period.