AI

Document AI Leader Docugami Launches Canadian Subsidiary

Document AI Leader Docugami Launches Canadian Subsidiary

Docugami Canada will accelerate collaboration to advance the science of document Artificial Intelligence and expand customer engagement in Canada

Docugami, the rapidly growing leader in AI for business documents, announced today it has opened its first international subsidiary, Docugami Canada, to help scale up the company’s collaboration with the Canadian AI sector and make it easier for document-intensive businesses in Canada to leverage Docugami’s cutting-edge document AI technologies to revolutionize their operations.

“We are thrilled to launch our Canadian subsidiary, which will enable us to work more closely with the vibrant AI community in Canada,” said Jean Paoli, CEO of Docugami and a recognized pioneer in document innovation. “Our Canadian subsidiary will help us expand our collaboration with leading AI scientists, universities, government agencies, and businesses, furthering our mission to empower businesses business by automatically and securely turning their complex documents into data.”

Docugami’s patented AI Document Engineering technology enables organizations to unlock the vital data contained in their business documents, automatically transforming complex long-form documents into structured, actionable data, enabling businesses to streamline their workflows, improve accuracy and efficiency, and drive better decision-making.

Docugami’s small agentic reasoning models outperform, in 3 top industry public benchmarks, all open-source reasoning models of comparable size and virtually all GPT-4 based LLMs. Docugami’s unique approach allows businesses to create Knowledge Graphs of all the data and information contained in their business documents, then use that data to power agentic workflows to accelerate their business processes.

Docugami already serves a wide range of customers across multiple industries, including insurance, life sciences, real estate, supply chain, and professional services. The company’s technology is designed to handle virtually all types of documents, such as contracts, reports, and regulatory filings.

Docugami’s commitment to innovation has been recognized through various prestigious grants. The company has received a grant from Mitacs, the Canadian research organization, and major grants from the U.S. National Science Foundation and the U.S. National Aeronautics and Space Administration (NASA) to advance its groundbreaking work in document AI.

With the launch of Docugami Canada, the company plans to expand its outreach to AI scientists and AI entrepreneurs, as well as document-intensive companies based in Canada. Docugami is a remote-only workforce, enabling the company to recruit and hire qualified candidates across Canada.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

Business Wire

Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX Network. Business Wire has 18 newsrooms worldwide to meet the needs of communications professionals and news media.

Related posts

AI for Social Good Leader Gravyty Announces Free Master Class

PR Newswire

Reface, an AI-App secures $5.5M in seed funding led by a16z

PR Newswire

RapidAI recognized with Global Technology Innovation Leadership Award

PR Newswire