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High Tech Seed Founded 2020

Sensible

Sensible is a document extraction platform that combines AI with deterministic, rule-based methods to extract structured data from unstructured documents in production environments. The platform processes over 75 million documents and offers more than 150 prebuilt library configurations for common document types across multiple industries. Sensible serves the insurance industry with loss runs, certificates of…

📍 San Francisco, United States · AI Infrastructure,

Funding snapshot

Last roundSeed
Amount$6M
Date21 November 2022
Total raised$8M
Team size19

About

Sensible is a document extraction platform that combines AI with deterministic, rule-based methods to extract structured data from unstructured documents in production environments. The platform processes over 75 million documents and offers more than 150 prebuilt library configurations for common document types across multiple industries. Sensible serves the insurance industry with loss runs, certificates of insurance, and declaration pages; healthcare with explanations of benefits, CMS-1500s, and UB-04s; financial services with bank statements, W-2s, and pay stubs; logistics with rate confirmations, invoices, and bills of lading; and real estate with closing disclosures, rent rolls, and mortgage portfolios. The platform uses a five-stage extraction pipeline where every field is traceable, and its SenseML configuration language enables users to build custom extraction configurations from scratch. Sensible provides a single REST API that accepts any document layout and returns typed, validated JSON output. The platform is SOC 2 Type II and HIPAA compliant, with GDPR compliance. In addition to self-serve tools, Sensible offers managed services where its team handles custom workflows, configuration builds, and integration support, effectively running the entire extraction backend for customers. Founded in 2020 and headquartered in San Francisco, United States, the company has raised $8.0M in seed funding from investors including Craft Ventures, Engineering Capital, and Clocktower Ventures.

Business model

Business Intelligence > Unstructured Data Analytics > Text Analytics > Internal > Document Search,

Big Data Analytics > Data Analytics > Text Analytics,

AI Infrastructure > Enabling Technologies > Software > Data Extraction

Institutional investors

Craft Ventures Engineering Capital Clocktower Ventures Jack Altman Eric Koslow Spike Lipkin Gordon Wintrob Chad Nitschke Gurjeet Singh

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