Invofox

Tool Information

Primary Task	Document processing
Category	ai-and-machine-learning
Country	United States

Invofox is a Y Combinator-backed AI company that specializes in intelligent document processing (IDP) for software companies. Their platform automates the extraction, validation, and integration of data from unstructured documents such as invoices, receipts, and utility bills. Invofox processes over 17 million documents annually, primarily in Europe, and is expanding into the U.S., Canada, Mexico, and India.

The company offers AI-powered document processing that includes data extraction from various document formats, validation, and schema customization. Their API allows for seamless integration with SaaS platforms, delivering parsed data quickly and efficiently. Invofox focuses on eliminating manual document review and reducing operational costs, making it a valuable solution for industries like logistics, HR, and utilities. With a commitment to innovation and operational efficiency, Invofox aims for significant growth while prioritizing an AI-centric approach to enhance productivity.