Evolution AI
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About
Evolution AI offers advanced automated data extraction solutions for financial documents like statements and invoices using generative AI technology. Founded by Dr. Martin Goodson, it combines computer vision and natural language processing to deliver human-like accuracy without the need for extensive manual configuration. With over 1.5 million pages processed daily, the platform eliminates manual data entry, enhancing productivity and reducing costs. Evolution AI was recognized with multiple industry awards, including the Leading Innovator in Data Extraction – Europe at the Fintech Awards in 2021. Their pricing is competitive, charging per page without annual fees or hidden costs, with both self-service and managed services available.
Platform
Task
Features
• generative ai for complex document understanding
• easy configuration with point-and-click interface
• self-learning to improve accuracy
• quality assurance workflow
• comprehensive annotation and monitoring dashboards
FAQs
What type of documents can Evolution AI process?
Evolution AI can process financial documents, invoices, bank statements, contracts, and more.
How does the pricing work?
Evolution AI charges per page without annual fees or hidden costs, with different rates for self-service and managed services.
Is there human oversight in the service?
Yes, there is an option for human oversight in the Managed Service to ensure data quality.
What is the accuracy of the data extraction?
The system learns from corrections over time, improving accuracy with each use.
Can I book a demo?
Yes, you can book a demo to see the technology in action.
Pricing Plans
Self Service
Free Plan• Cloud-based platform
• Support and training provided
• Client performs document annotation and QA
Managed Service
Free Plan• Full end-to-end service
• Human-in-the-loop setup
• Complete accuracy guaranteed
Self Service Pricing
GBP0.08 / per page• Bank statements & invoices - £0.08 per page for 100,000 pages/month
• Financial statements - £0.37 per page for 100,000 pages/month
• Contact for custom documents
Managed Service Pricing
GBP0.13 / per page• Bank statements & invoices: £0.13 per page for 100,000 pages/month
• Financial statements: £0.15 per page for 100,000 pages/month
• Contact for custom documents
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