Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: We founded Evolution AI in 2015 after realizing traditional OCR solutions perform poorly on many real-life documents. Our technology is built on proprietary deep-learning models that utilize computer vision and NLP to extract data from documents, closely mimicking how humans read. Today we process over 1.5M pages per day for our clients. We can extract data from any type of document including quarterly reports, balance sheets, P&L statements, account statements, invoices etc.

How they describe their product/innovation: Evolution Transcribe is an end-to-end platform for data extraction from financial documents. On top of our state of the art deep-learning models we offer interfaces for annotation, allowing a human to quickly verify or correct extracted data. We offer a full managed annotation service as an option.

Our solution achieves high accuracy from day one while our self-learning model ensures results improve over time. Workflows are customizable for any additional validation or sign-off steps and a full audit trail ensures data governance.

Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed

Contacts

Bus. Dev.: Orit Meidan, Director of Bus. Dev., orit@evolution.ai
Press: Dr. Martin Goodson, CEO & Chief Scientist, martin@evolution.ai