PARASHIFT - Intelligent Document Processing (IDP)

Parashift AI is a Swiss deep-tech company founded in 2018 and based in Sissach, near Basel. The company specializes in Intelligent Document Processing (IDP) through its cloud-native AI platform, which automates tasks such as document classification, separation, data extraction, and validation. Parashift emphasizes Swiss precision and data security, ensuring compliance with ISO 27001 and EU-DSGVO standards.

The Parashift Platform offers a flexible, self-service solution that supports over 400 pre-configured document types and includes more than 200 ready-to-use APIs. It enables quick deployment and customization for various applications, including mailroom automation and invoice processing. Key features include high-accuracy AI-driven document handling, seamless integration with business applications, and continuous autonomous learning to enhance data extraction processes. Parashift serves a range of industries, including banking, insurance, real estate, logistics, and the public sector, focusing on automating complex document workflows for enterprises of all sizes.