Parashift Technologies

Big companies use Parashift, an Intelligent Document Processing platform, to manage, sort and pull out important information from business documents in many different processes.

Parashift uses a unique system called Document Swarm Learning, making it the biggest network for document data in the world. This special system helps to boost AI training across various uses and customers, providing excellent results with little effort.

Parashift works with partners and customers who are part of the Swarm on over 4,000 ready-made solutions in industries like finance, logistics, real estate, and others. These solutions, powered by Document Swarm Learning, allow for pulling out data without needing any setup or training, saving time in finding solutions.

For the first time, Document Swarm Learning can capture and examine all document information in a flexible and modular way, no matter the type, layout, terms used or language of the document. This means you can handle jobs that were once too complicated or costly.

Parashift AG, which started in 2018, is a high-tech company that uses Machine Learning to improve document processing. Parashift, based in Switzerland, has over 40 employees working in Machine Learning, Development, and Business Development. In 2019, Forbes named Parashift as one of the top 30 promising AI startups in Europe.