Evolution AI

Tool Information

Primary Task	Financial data extraction
Category	business-and-finance
Pricing	From $0.10
Country	United Kingdom

Evolution AI is a London-based company founded in 2015 that specializes in intelligent data extraction using artificial intelligence. The company automates the extraction of data from various financial documents, including bank statements, invoices, and financial statements. Its technology combines generative AI, computer vision, and natural language processing to achieve high accuracy in data extraction, making it particularly useful for industries that handle large volumes of financial documents.

The company has received significant recognition for its innovative approach, including the largest grant for commercial AI research and development from the UK Government in 2017, along with several awards in subsequent years. Evolution AI has been acknowledged as a leading innovator in data extraction and has won multiple industry awards, including the AI Breakthrough Awards' 'Best Machine Learning Company' in 2024. The team is led by experienced professionals with backgrounds in AI research and enterprise IT, contributing to the company's success in the financial sector.