Docugami gets $1M grant from National Science Foundation

The National Science Foundation is granting Docugami $1 million to support the company’s efforts to advance the science of identifying, analyzing, and understanding the semantic relationships between various elements of long-form documents to create a Business Document XML Knowledge Graph.

Docugami, a provider of Generative AI for business documents, announced June 28 that it has received a $1 million grant from the National Science Foundation (NSF). The NSF is an independent federal agency that supports science and engineering across the US.

At the heart of Docugami’s Generative AI for business documents are Contextual Semantic Labels (CSLs), and the NSF grant will support the company’s scientific work on them. Docugami’s CSL technology breaks down long-form documents into individual chunks, identifies the relevant chunks within the text, and labels each chunk with a deep understanding of the individual user’s unique norms and terms to create and label nodes in Business Document XML Knowledge Graphs.

Jean Paoli, Docugami’s Co-Founder and CEO, commented: “We are thrilled about our science collaboration with the National Science Foundation, which focuses on leveraging ‘small data’ from individual companies to unlock profound business insights while protecting the privacy and security of their data and avoiding the pitfalls of inappropriate results or ‘hallucinations’ that can arise when AI models are trained on less relevant materials.”

Docugami had recently announced the integration of LangChain, a framework for simplifying the creation of applications using Large Language Models (LLMs), into its platform.

Headquartered in Kirkland, Washington, Docugami provides Generative AI for business documents. Its patented AI is designed and trained specifically for business scenarios to automatically unlock the critical information in companies’ documents and use that information to create reports, insights, new documents, and data streams to drive business processes.

You can find the full press release here.

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