TextMine, a London-based AI solution, automates data extraction from documents for procurement, KYC, compliance and legal teams
HQ
United Kingdom
Founded
2020
Employees
15
TextMine is an AI-powered enterprise document data extraction solution designed for procurement, KYC, compliance, and legal teams. It automates the extraction of key terms from critical documents such as contracts, SOWs, SEC filings, and trade finance documents, delivering real-time data that enhances operational efficiency.
TextMine offers a range of features to streamline document management. Its self-hosted and proprietary models ensure secure and efficient data extraction. The platform provides explainable and auditable AI models that adapt to specific requirements, ensuring transparency and trust. Users benefit from human-in-the-loop controls, allowing for continuous oversight and intervention.
The platform is equipped with enterprise-grade security measures, including ISO27001;2022 certification, SAML Single Sign-On, role-based access controls, and exportable audit logs. TextMine is available as SaaS or can be deployed in a private AWS VPC, offering flexibility and robust security options.
TextMine is built for high-risk, document-heavy industries. It supports various use cases such as KYC/AML operations, credit and trade finance, risk and advisory services, contract intelligence, procurement, and surveillance and compliance. The platform helps reduce document review time by up to 85%, making processes more efficient and audit-ready.
TextMine is headquartered in London, United Kingdom. The company was founded in 2020 and has a team of 15 employees dedicated to transforming document management through AI-powered solutions.
TextMine adheres to stringent compliance and security standards. The company’s commitment to enterprise-grade security is evident through its ISO27001;2022 certification. This ensures that all data extraction processes are secure, transparent, and compliant with industry regulations.
Explore other tools in this category
Summize is a Contract Lifecycle Management software that integrates AI-powered tools into existing systems for efficient contract handling
Leah, an enterprise AI platform, automates workflows across legal, procurement and finance with advanced AI and domain expertise
ThoughtRiver, based in Cambridge, UK, offers an AI-driven platform for precise, efficient contract reviews, enhancing legal operations since 2016