
Extend
Founded Year
2023Stage
Convertible Note | AliveTotal Raised
$500KLast Raised
$500K | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+93 points in the past 30 days
About Extend
Extend is a company that specializes in document processing solutions for modern software companies. Their platform enables the deployment of an in-house AI workforce to transform messy documents into structured data, offering no-code AI training and custom workflow automation. Extend primarily serves sectors such as real estate, financial services, supply chain, and healthcare. It was founded in 2023 and is based in San Francisco, California.
Loading...
Loading...
Expert Collections containing Extend
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Extend is included in 4 Expert Collections, including Y Combinator Winter 2023.
Y Combinator Winter 2023
272 items
Renewable Energy
4,803 items
AI agents
286 items
Companies developing AI agent applications and agent-specific infrastructure. Includes pure-play emerging agent startups as well as companies building agent offerings with varying levels of autonomy. Not exhaustive.
Artificial Intelligence
7,632 items
Latest Extend News
Mar 11, 2025
Experts React to Mistral OCR, a New Multilingual Text Processing Tool AI startup Mistral has announced the release of Mistral OCR — a multilingual, advanced optical character recognition ( OCR ) API that allows users to accurately convert any PDF to a text or markdown file. The ability to accurately convert scanned or digitized PDFs to editable text files remains a challenge for language service providers that require structured input for translation management systems. With the release of Mistral OCR, text and markdown output allow PDFs to be readily ingested in downstream applications for further automated processing. This also introduces the use of documents as prompts, enabling users to extract information from PDFs and format it in structured outputs. Commenting on the release , Mistral stated, “Unlike other models, Mistral OCR comprehends each element of documents—media, text, tables, equations—with unprecedented accuracy and cognition. It takes images and PDFs as input and extracts content in an ordered interleaved text and images.” “As a result, Mistral OCR is an ideal model to use in combination with a RAG system taking multimodal documents (such as slides or complex PDFs) as input,” the company added. The tool is able to parse, understand, and transcribe scripts, fonts, and languages “across all continents,” being natively multilingual and multimodal. The company published a demo of the solution together with quality scores across a range of languages and scripts that reportedly exceeded those of competitors Azure OCR, Google Docs, and Gemini 2.0. OCR Experts React Following the announcement, users were quick to test Mistral’s claim to creating the “world’s best document understanding API.” Kushal Byatnal, CEO of document processing platform Extend stated , “There is still a large gap for businesses in going from raw OCR outputs to document processing for mission-critical use cases. […] Anyone who goes in expecting 100% automation is in for a surprise.” “You still need to build and label datasets, orchestrate pipelines, detect uncertainty, and correct with human-in-the-loop, fine-tune, and a lot more. You can certainly get close to full automation over time, but it’s going to take time and effort. But the future is on the horizon!” he added. Raunak Chowdhuri, Founder of AI document ingestion provider Reducto published an independent comparison of Mistral OCR and Gemini Flash 2.0, and stated that “on financial documents, we find it drops content and hallucinates [on] complex tables. On healthcare forms, we found it misses basic checkbox detection and fails to correct table structure.” “Overall, […] we find that Mistral is 43.5% less accurate when examining downstream LLM accuracy on complex parsed forms,” he concluded. 2024 Slator Pro Guide: Translation AI The 2024 Slator Pro Guide presents 20 new and impactful ways that LLMs can be used to enhance translation workflows. $365 However, there’s some praise for Mistral’s tool. One user tested the tool’s output in Thai — a language not listed on Mistral OCR’s language benchmark — and noted, “Straight away [Mistral OCR] detects that the language is Thai. […] It displays Thai characters in Unicode [in JSON]. It’s done a pretty good job with the Thai characters and being able to OCR them.” “Remember that this is doing a structured output, not just OCRing everything. We’re telling it what we wanted to find in there and it’s been able to do that. So if you are looking for multilingual [processing], this is definitely worth checking out.” Mistral OCR reportedly processes 2,000 pages per minute, at a price of USD 1 for 1,000 pages. The tool is available through an API and can also be self-hosted. Tags
Extend Frequently Asked Questions (FAQ)
When was Extend founded?
Extend was founded in 2023.
Where is Extend's headquarters?
Extend's headquarters is located at San Francisco.
What is Extend's latest funding round?
Extend's latest funding round is Convertible Note.
How much did Extend raise?
Extend raised a total of $500K.
Who are the investors of Extend?
Investors of Extend include Y Combinator.
Who are Extend's competitors?
Competitors of Extend include Notable Systems and 4 more.
Loading...
Compare Extend to Competitors
Docugami specializes in document engineering and artificial intelligence for the business services sector. The company offers artificial intelligence-powered solutions for data extraction, analysis, and automation of business documents, enabling structured insights and reports from unstructured text. Its technology is utilized across various industries, including commercial insurance, real estate, and professional services. Docugami was formerly known as Classify & Process. It was founded in 2017 and is based in Kirkland, Washington.

Instabase provides a platform for analyzing and structuring unstructured data from various operational systems and data stores across multiple industries. The company enables businesses to automate document processing workflows and build applications with a low-code approach. Instabase serves sectors such as financial services, insurance, healthcare, and the public sector, with a focus on operational efficiency and customer experiences. It was founded in 2015 and is based in San Francisco, California.
Pydantic focuses on data validation and cloud services within the software development industry. It offers a data validation library for Python, designed to provide developers with a simple yet powerful tool for ensuring data integrity. Pydantic also plans to expand its offerings to include cloud services aimed at enhancing developer experience. It was founded in 2017 and is based in London, United Kingdom.
Singularity Systems specializes in intelligent document processing (IDP) within the technology sector. The company offers a platform that utilizes artificial intelligence to automate the extraction and classification of data from unstructured documents, serving sectors such as the financial industry, real estate, and insurance. It was founded in 2018 and is based in Princeton, New Jersey.

ExB specializes in artificial intelligence-based document processing solutions within the technology sector. The company offers a platform that transforms unstructured data from various document types into structured outcomes, enabling businesses to automate their document processing and improve efficiency. ExB primarily serves sectors that handle large volumes of documents, such as healthcare, insurance, manufacturing, retail, banking, and logistics. It was founded in 2000 and is based in Munich, Germany.

Parascript provides document processing solutions across sectors including banking, healthcare, and government. The company offers software that automates data capture and document workflows, focusing on data entry and operations. Parascript's technology is used in mail processing, payment processing, and fraud prevention. It was founded in 1996 and is based in Longmont, Colorado.
Loading...