fileAI Launches V2 Platform, Empowering Enterprises and SMBs with AI-Powered File Parsing and Data Collection for Enhanced Workflow Automation

The V2 platform is built for scale and accessibility and has saved clients over 320,000 hours and $6 million in processing costs.

fileAI, a leader in AI-powered workflow automation, today announced the launch of its V2 platform, a next-generation solution designed to help enterprises and SMBs access, collect, and structure business data trapped in unstructured formats, siloed systems, and disconnected databases. fileAI’s platform enables organizations across financial services, legal, insurance, and accounting to automate high-volume, high-stakes workflows with precision.

Today, up to 80–90% of global business content is fragmented, spanning PDFs, spreadsheets, emails, handwritten notes, and more. These disconnected systems and formats are core blockers to automation and AI adoption. Rather than focusing only on the end of the workflow, fileAI leverages years of R&D and direct customer feedback to tackle the critical enterprise challenges of turning fragmented, unstructured inputs into clean, structured data. With an MCP-ready architecture and flexible self-service pricing starting at $0, it’s designed for speed, scale, and real-world adoption.

“fileAI v2 is a game-changer for enterprises and SMBs struggling to unlock the value of unstructured data,” said Christian Schneider, CEO and Co-founder at fileAI. “Our focus has always been on the foundation, delivering the cleanest, most accurate data possible so AI workflows actually work. Even the slightest inconsistency results in costly errors. This isn’t just an upgrade, it’s a redefinition of what file intelligence can do.”

Key Features of the fileAI V2 Platform:

  • Beethoven and Decider models: Parse, extract, and classify data from diverse file types, including contracts, images, free text, invoices, financial statements, legal forms and more with industry-leading accuracy. Easily handles variations in layout, language, and handwriting, always ensuring accurate results.
  • Match and Compare engine: Automatically detects discrepancies, clause variations, and anomalies across documents, crucial for compliance, risk, and due diligence.
  • Answer Engine: Enables users to query, chat, and extract insights across multiple documents using internal data and relevant web context.
  • fileAI Drive: A secure document repository with robust access controls and integrations with Google Drive, Dropbox, and APIs.

From enterprise developers to fast-growing startups, fileAI’s V2 platform can automate complex document workflows with ease. With advanced AI OCR and schema generation, the platform handles high-volume document processing with precision, consistency, and efficiency, regardless of complexity or volume. Since 2024, fileAI has created over 200 million AI schemas, saving clients an estimated 320,000 hours and $6 million in processing costs. Additionally, through partnerships with industry leaders like Nvidia, Oracle, AWS, and Google, fileAI extends its reach and reinforces its role as a trusted solution for startups and enterprises alike in an AI-driven future.

These capabilities make fileAI especially well-suited for industries where accuracy, trust, and compliance are critical, including:

  • Financial Services: Streamlines transaction validation, KYC/AML, reconciliations, and manages risk and regulatory requirements
  • Legal Teams: Performs clause comparison, contract review, and compliance checks
  • Insurance: Brings speed and scale to claims processing, policy validation, and regulatory reporting
  • Accounting: Simplifies invoice matching, audit readiness, and expense tracking

“fileAI has been a game-changer for our operational processes here at Daiwa Capital Markets Singapore Limited. It handles the complexity of our financial documents with ease,” said Charles Ong, Head of Finance. “Allowing us to automate key workflows with minimal manual input is essential to streamlining our record keeping of vendor payments and financial statement disclosure and reporting processes, and we look forward to scaling even further with the platform.”

“Organizations in financial services, legal, insurance, and accounting face mounting pressure to automate while navigating rising regulatory complexity and shifting market demands,” said Tim Prugar, Head of Product & Engineering at fileAI. “Instead of being held back by outdated processes and fragmented data, fileAI gives them the tools to access, structure, and act on critical information to drive successful business outcomes.”

To learn more about fileAI and the V2 platform, please visit us at https://www.file.ai/.

About fileAI

fileAI is the leading AI-native workflow automation platform and the world's only horizontal file processing agent, designed to automate complex, unstructured data workflows at scale. Leveraging advanced predictive AI, vision language models (vLMs), and large language models (LLMs), fileAI simplifies data extraction, organization, and enrichment across diverse file types, including PDFs, spreadsheets, emails, text, and images.

Trusted by global enterprises such as MS&AD, Toshiba, KFC, DirectAsia, Nippon, and Keppel, fileAI processes over 200 million files annually, significantly enhancing productivity, reducing operational costs, and redefining efficiency for businesses worldwide. With support for over 200 languages, fileAI empowers organizations of all sizes to seamlessly transform high-volume, knowledge-intensive processes into accurate, fully automated workflows.

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