Paradatec, Inc.

Paradatec, Inc. is a prominent player in the Financial Services industry, headquartered in the United States. Since its establishment in 1997, the company has specialized in automated, AI-based document classification and data extraction for streamlining business processes. Paradatec's slogan, "Automated, AI-based document classification and data extraction for business process automation," encapsulates its core mission. The company's advanced AI technology liberates static data confined within documents, catering to diverse sectors such as insurance, accounts payable, and mortgage processing. By replacing error-prone manual data entry and monotonous stare-and-compare reviews, Paradatec has been at the forefront of revolutionizing data management for over two decades. Despite its remarkable achievements, specific details regarding its last investment and the associated investors remain undisclosed.