REDEFINE POSSIBLE
Infrrd: Fast Facts

KEY HIGHLIGHTS

REDEFINE POSSIBLE
The Problem

Businesses that deal with a lot of paper rely on armies of people to manually extract data from these documents and then do data entry.

The current market solution for this problem is people. But there are drawbacks to this solution:

• Expensive
• Unreliable and low-quality output
• 6-9 months for a new person to become productive
• Lot of churn

Another solution that is sometimes used is OCR. But low accuracy and restricted functionality has prevented real-world document processing at scale. OCR cannot understand graphs, charts, complex table layouts, handwriting, flowcharts, etc.

REDEFINE POSSIBLE
The Infrrd Solution

Companies write custom code for documents understanding, but our AI based approach is more accurate and has the ability to extract data with the highest level of accuracy without using templates.

We capture data from different sources, classify documents into categories, extract relevant data, validate that the data is correct, generate insights for business users and integrate with downstream applications.

The Infrrd AI platform provides:

REDEFINE POSSIBLE
Key Features

Our fundamentally different, AI first approach is based on predicting the values of extraction rather than ‘extracting’ them. This gives was much higher accuracy than currently available AI in the market. Our AI can read complex, completely unstructured documents that other vendors cannot read:

Natural language processing, computer vision, analytics

We look for graphs, charts and tables

Let the AI learn how to extract documents
Where others write code for extracting data, we use AI that is much more accurate

We can extract data with a very high level of accuracy

Template-free approach to extraction

REDEFINE POSSIBLE
Our AI Accomplishments

• We were early to the Intelligent Document Wave (2016)
• AI stack with several patents and market tested operations
• Successful market deployment, pipeline, and partners
• Loyal and referenceable customers
• Experienced team with total of 8 VC backed exits
   

PATENTS FILED
Patent Application: 16/452, 537:
System and Method to Extract Data From Images

Patent Application: 16/794,266:
LocText: A system for using a combination of location and text to automatically extract values.

PARTNERSHIPS

REDEFINE POSSIBLE
The Infrrd Team