Thanks to this strategic partnership, the Intelligent Document Processing (IDP) provider will combine its AI-driven robotic digitization with Palantir’s Artificial Intelligence Platform (AIP) to jointly enable organizations to seamlessly extract, analyze, and act on their data.
Ripcord, an Intelligent Document Processing (IDP) provider, announced on March 12, 2025, a strategic partnership with software company Palantir Technologies. Together, the two companies intend to unlock large amounts of data across industries that are currently locked up in paper and digital documents.
Ripcord’s robotic digitization technology automates the manual process of converting paper records into digital files and data. Once digitized, the data derived from the documents can be ingested into Palantir’s Artificial Intelligence Platform (AIP), allowing government and business organizations to gain real-time insights and automate their workflows.
Sam Fahmy, CEO of Ripcord, commented: “There is a goldmine of data trapped in documents. Our partnership with Palantir will allow organizations to combine Ripcord’s robotic digitization with Palantir’s leading edge AIP to unlock the massive value inherent in their own records, leading to significant progress in business, government, and society.”
Six weeks ago, Ripcord announced its merger with VASTEC to combine its advanced AI robotic technology and IDP solutions with VASTEC’s expertise in secure document conversion and data transformation solutions to provide organizations with access to best-in-class technology and expertise.
Headquartered in Hayward, California, Ripcord offers a Document Intelligence as a Service (DIaaS) platform. Leveraging advanced robotics, generative AI and Machine Learning capabilities, Ripcord digitizes, captures, and classifies data, and intelligently extracts and abstracts it from paper and digital records to make it accessible and actionable for enterprises.
You can find the full press release here. To find more news from Ripcord, click here.
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