Latest news with #Docugami
Business Upturn
6 days ago
- Business
- Business Upturn
Docugami Expands to Europe with New Subsidiary based in France to Advance Open and Sovereign Document AI
Paris, June 24, 2025 — Docugami, the fast-growing U.S. startup specializing in Document AI, announces the launch of Docugami Europe, its new subsidiary based in France. This move marks a strategic investment in the European innovation landscape and reinforces Docugami's commitment to advancing open, transparent, and sovereign AI. Speaking from the VivaTech conference in Paris, Europe's largest tech and innovation conference with 150,000 attendees, Docugami CEO Jean Paoli declared: 'Launching Docugami Europe is not just about opening an office — it's about betting on European brainpower and building long-term partnerships with researchers, startups, institutions, and enterprises across the continent.' Paoli is a recognized pioneer in document innovation, co-creator of the XML standard at the W3C and key document formats used worldwide such as docx, xlsx, and pptx. A former executive at Microsoft, he helped build four billion-dollar businesses and led the creation of Microsoft Open Technologies, which played a major role in Microsoft's open-source adoption. He began his career in France at INRIA's startups and is a graduate of École des Ponts ParisTech. Empowering Businesses with Open, Agentic Document AI Docugami's proprietary Document Engineering technology leverages open-source LLMs, small agentic reasoning models, and knowledge graph generation to enable businesses to leverage their business documents in a unique, transparent, auditable, and cost-effective way: This approach gives organizations: Automated ways to convert complex business documents into structured, actionable data at enterprise scale. In-depth reasoning on this structured data to identify, understand, and combine scattered information in the documents. Powerful automation to streamline critical workflows (contracts, reports, compliance, etc.) Full control and ownership of their document data 'We are a deep tech company, and we believe in open-source LLMs to provide greater trust and security for our customers,' said Paoli. 'We want to empower our customers to truly own their data, without being locked into closed systems.' Docugami's agentic models recently outperformed all open-source models of similar size, and nearly all GPT-4-based solutions, in public benchmarks – highlighting the company's edge in precision, cost-efficiency, and real-world usability. Customer, Hiring and Research Engagement Across Europe Already serving customers in insurance, life sciences, IT services, finance, legal, and other industries, Docugami is designed for complex long-form business documents across all document-intensive sectors. With Docugami Europe, the company will: Expand R&D collaborations with leading European AI scientists and institutions Support local companies in automating and securing their document operations, Recruit top AI talent across France and Europe via its fully remote workforce model. Press Contact: Mark Murray – [email protected] – +1 425-922-4306 More info: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
6 days ago
- Business
- Yahoo
Docugami Expands to Europe with New Subsidiary based in France to Advance Open and Sovereign Document AI
Paris, June 24, 2025 — Docugami, the fast-growing U.S. startup specializing in Document AI, announces the launch of Docugami Europe, its new subsidiary based in France. This move marks a strategic investment in the European innovation landscape and reinforces Docugami's commitment to advancing open, transparent, and sovereign AI. Speaking from the VivaTech conference in Paris, Europe's largest tech and innovation conference with 150,000 attendees, Docugami CEO Jean Paoli declared: 'Launching Docugami Europe is not just about opening an office — it's about betting on European brainpower and building long-term partnerships with researchers, startups, institutions, and enterprises across the continent.' Paoli is a recognized pioneer in document innovation, co-creator of the XML standard at the W3C and key document formats used worldwide such as docx, xlsx, and pptx. A former executive at Microsoft, he helped build four billion-dollar businesses and led the creation of Microsoft Open Technologies, which played a major role in Microsoft's open-source adoption. He began his career in France at INRIA's startups and is a graduate of École des Ponts ParisTech. Empowering Businesses with Open, Agentic Document AI Docugami's proprietary Document Engineering technology leverages open-source LLMs, small agentic reasoning models, and knowledge graph generation to enable businesses to leverage their business documents in a unique, transparent, auditable, and cost-effective way: This approach gives organizations: Automated ways to convert complex business documents into structured, actionable data at enterprise scale. In-depth reasoning on this structured data to identify, understand, and combine scattered information in the documents. Powerful automation to streamline critical workflows (contracts, reports, compliance, etc.) Full control and ownership of their document data 'We are a deep tech company, and we believe in open-source LLMs to provide greater trust and security for our customers,' said Paoli. 'We want to empower our customers to truly own their data, without being locked into closed systems.' Docugami's agentic models recently outperformed all open-source models of similar size, and nearly all GPT-4-based solutions, in public benchmarks – highlighting the company's edge in precision, cost-efficiency, and real-world usability. Customer, Hiring and Research Engagement Across Europe Already serving customers in insurance, life sciences, IT services, finance, legal, and other industries, Docugami is designed for complex long-form business documents across all document-intensive sectors. With Docugami Europe, the company will: Expand R&D collaborations with leading European AI scientists and institutions Support local companies in automating and securing their document operations, Recruit top AI talent across France and Europe via its fully remote workforce model. Press Contact: Mark Murray – mmurray@ – +1 425-922-4306 More info: while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
05-02-2025
- Business
- Yahoo
Document AI Leader Docugami Launches Canadian Subsidiary
Docugami Canada will accelerate collaboration to advance the science of document Artificial Intelligence and expand customer engagement in Canada SEATTLE & VANCOUVER, British Columbia, February 05, 2025--(BUSINESS WIRE)--Docugami, the rapidly growing leader in AI for business documents, announced today it has opened its first international subsidiary, Docugami Canada, to help scale up the company's collaboration with the Canadian AI sector and make it easier for document-intensive businesses in Canada to leverage Docugami's cutting-edge document AI technologies to revolutionize their operations. "We are thrilled to launch our Canadian subsidiary, which will enable us to work more closely with the vibrant AI community in Canada," said Jean Paoli, CEO of Docugami and a recognized pioneer in document innovation. "Our Canadian subsidiary will help us expand our collaboration with leading AI scientists, universities, government agencies, and businesses, furthering our mission to empower businesses business by automatically and securely turning their complex documents into data." Docugami's patented AI Document Engineering technology enables organizations to unlock the vital data contained in their business documents, automatically transforming complex long-form documents into structured, actionable data, enabling businesses to streamline their workflows, improve accuracy and efficiency, and drive better decision-making. Docugami's small agentic reasoning models outperform, in 3 top industry public benchmarks, all open-source reasoning models of comparable size and virtually all GPT-4 based LLMs. Docugami's unique approach allows businesses to create Knowledge Graphs of all the data and information contained in their business documents, then use that data to power agentic workflows to accelerate their business processes. Docugami already serves a wide range of customers across multiple industries, including insurance, life sciences, real estate, supply chain, and professional services. The company's technology is designed to handle virtually all types of documents, such as contracts, reports, and regulatory filings. Docugami's commitment to innovation has been recognized through various prestigious grants. The company has received a grant from Mitacs, the Canadian research organization, and major grants from the U.S. National Science Foundation and the U.S. National Aeronautics and Space Administration (NASA) to advance its groundbreaking work in document AI. With the launch of Docugami Canada, the company plans to expand its outreach to AI scientists and AI entrepreneurs, as well as document-intensive companies based in Canada. Docugami is a remote-only workforce, enabling the company to recruit and hire qualified candidates across Canada. For more information, visit View source version on Contacts Mark Murray, mmurray@ 425-922-4306
