Vaultedge is a Document AI platform utilizing machine learning and LLM architecture to extract and validate data from over 900 document types, significantly reducing manual processing time. The solution enhances productivity by automating workflows in financial services, enabling faster loan approvals and improving compliance with regulatory standards.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations, especially in financial services, face challenges in efficiently processing large volumes of documents, leading to significant manual effort, delays, and increased operational costs. Extracting and validating data from diverse document types is time-consuming and prone to errors, hindering productivity and compliance.
Solution
Vaultedge offers a Document AI platform that automates the classification, data extraction, and validation of information from over 900 document types. By leveraging machine learning, Generative AI, and LLM models, the platform streamlines document processing workflows, reducing manual intervention and accelerating key processes such as loan approvals and compliance checks. Vaultedge integrates with existing Loan Origination Systems (LOS) and IT infrastructure, providing a scalable solution that improves underwriter productivity, mitigates risks, and ensures regulatory compliance. The platform's GenAI Chatbot enables users to ask questions and receive instant, human-like answers with detailed explanations, further enhancing decision-making and insights.
Target Audience
Vaultedge primarily serves financial institutions, including mortgage lenders, banks, and insurance companies, seeking to automate document processing, improve efficiency, and ensure regulatory compliance.
Features
- AI-powered document classification, automatically sorting and labeling over 900 document types.
- Data extraction of 3,000+ data fields, eliminating manual keying.
- Built-in data validation, cross-checking data across documents for instant error detection.
- Generative AI chatbot for intelligent Q&A and automated document summaries.
- Human-in-the-loop interface for resolving AI flags and ensuring accuracy.
- Digital Lending APIs for automating financial verification and credit appraisal.
- Seamless integration with leading LOS platforms like Ellie Mae Encompass and Black Knight Empower.
- SOC II compliant software with robust data security and governance policies.
- Support for unstructured data and multi-language OCR.