Provides an AI-powered document processing platform that uses over 2,800 pre-trained deep learning models and semantic AI to extract, understand, and automate actions from structured and unstructured documents in over 50 formats. Reduces processing time from minutes to seconds and improves data extraction accuracy to 99.7%, enabling industries like insurance and finance to eliminate manual workflows and integrate seamlessly with existing systems.
Funding
$3.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations still rely on manual processes and outdated text extraction systems for document processing, leading to inefficiencies and inaccuracies. This results in slower processing times, increased operational costs, and potential errors in data extraction.
Solution
Base64 provides an AI-powered Document Intelligence Platform that automates the ingestion, understanding, and actioning of data from various document types. The platform utilizes over 2,800 pre-trained deep learning models, Generative AI, and Large Language Models to extract and understand structured and unstructured data from documents, images, and multimedia in over 50 formats. Base64's platform offers a simple API and prebuilt no-code connectors for integration with scanners, RPA platforms, and third-party software. By automating business decisions through AI agents and Large Action Models, Base64 enables organizations to achieve new levels of efficiency, accuracy, and digital transformation, reducing processing time from minutes to seconds and improving data extraction accuracy rates to 99.7%.
Target Audience
Base64 targets enterprises in industries such as insurance, finance, banking, and supply chain & logistics, as well as functions like operations, center of excellence, tech, and AP & Finance.
Features
- Multi-modal AI ingests data from structured and unstructured documents, images, and multimedia in over 50 file formats
- 2,800+ pre-trained deep learning models, GenAI, and LLMs for fast setup without model training
- Semantic AI and custom model capabilities process new and unfamiliar document types
- Question & Answer and Custom Taxonomy to correctly format output
- AI Agents and Large Action Models automate business decisions
- Generates charts and reports based on insights from multiple sources
- No-code, low-code, and custom integration options enhance workflow automations
- Enterprise-grade security with 3rd party verification to ensure data privacy