About
Extract Systems is an AI document extraction platform for healthcare and government. Madison, WI-based, founded 1998. Acquired by Vyne Medical. ~$4M revenue, 18 employees. Uses ML and OCR for data extraction, redaction, classification. Serves clients across 41 US states. Automates unstructured medical records, purchase orders, government documents.
Key Facts
- [1]Employees: Employee count: 51-200.
- [2]Website: Official website: extractsystems.com.
- [3]AI Technology: Core AI/ML technologies: Data Platform.
- [4]Region: Region: Americas (United States).
Founder
Extract Systems Team
Enterprise software
AI Technology
Data Platform
Data aggregation and enrichment platforms with minimal ML
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Extract Systems?
Extract Systems is an AI document extraction platform for healthcare and government. Madison, WI-based, founded 1998. Acquired by Vyne Medical. ~$4M revenue, 18 employees. Uses ML and OCR for data extraction, redaction, classification. Serves clients across 41 US states. Automates unstructured medical records, purchase orders, government documents. Extract Systems is classified in the Enterprise Finance segment at the Data layer of the financial AI stack.
Who founded Extract Systems?
Extract Systems was founded by Extract Systems Team (Enterprise software).
What AI technology does Extract Systems use?
Extract Systems primarily leverages Data Platform technology. Data aggregation and enrichment platforms with minimal ML. Within the Enterprise Finance segment, 6 companies use this technology.
What market segment does Extract Systems operate in?
Extract Systems operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is Extract Systems headquartered?
Extract Systems is headquartered in Madison, United States. The company operates in the Americas region. The team consists of 51-200 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Extract Systems's competitors?
Companies similar to Extract Systems in the Enterprise Finance space include Ocrolus ($142M raised), Tegus ($112M raised), Puzzle ($67M raised), Pilot ($222M raised), Zeni ($48M raised). These companies operate in related areas of financial AI: Ocrolus focuses on ai document automation for lending decisions. Tegus focuses on ai-generated investment research summaries. Puzzle focuses on generative accounting platform for startups. (Based on AIFI Map classification data.)
What products does Extract Systems offer?
Extract Systems builds data-layer solutions for the financial services industry. The company's core offering: AI document data extraction. The platform is powered by Data Platform technology.