Midship is an AI-powered document intelligence platform that automates data extraction from various document formats, eliminating the need for manual data entry and third-party analysis. The application enhances operational efficiency by providing structured data outputs directly to enterprise systems, ensuring accuracy and compliance across industries such as finance, healthcare, and supply chain.
Funding
$500K 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
Enterprises face challenges in efficiently extracting data from diverse document formats, leading to manual data entry, increased operational costs, and potential inaccuracies. Relying on manual processes or third-party analysts for data extraction can be time-consuming and hinder real-time decision-making.
Solution
Midship offers an AI-powered document intelligence platform that automates data extraction from various document types, eliminating manual effort and streamlining data workflows. The platform utilizes contextual intelligence to understand diverse document layouts and extract relevant data in the required formats. By directly integrating with enterprise systems, Midship ensures data accuracy, enhances operational efficiency, and provides complete audit control through features like document tracking, matching, and verification. The platform supports custom workflows with a mix of automation and human review, allowing businesses to maintain control at every step of the document processing lifecycle.
Target Audience
Midship primarily targets enterprises across industries such as finance, healthcare, supply chain, and audit & accounting, seeking to automate document processing and improve data extraction accuracy.
Features
- AI-powered extraction engine that understands any document layout without requiring training
- Contextual intelligence for accurate data extraction based on business context and rules
- Flexible JSON endpoints that adapt to any system architecture or data schema
- Confidence scoring for instant accuracy metrics on every extraction
- Excel plugin for uploading documents and populating tables directly in Excel
- Workflow integration to support custom review processes and existing systems
- On-premise deployment option for secure processing within the customer's infrastructure
- Custom model training to cater to specific document needs