young startup from Stuttgart with a lot of passion for democratic processes and the necessary know-how for the future
ABBYY
Intelligent document processing software that turns business documents into data for enterprise AI workflows
- Founded 1989
About ABBYY
ABBYY develops intelligent automation software that uses AI, natural language processing and optical character recognition to read documents and pull data out of them. Based in the United States, it sells to large enterprises that want document content ready for AI systems, running on their own infrastructure.
Services
- Intelligent document processing: parsing and extracting data from documents to feed automated and AI workflows.
- DocLang format: an export format from FineReader Engine designed to suit large language models and agentic AI better than PDF or HTML.
- Generative AI extraction: applied to complex documents such as lease agreements.
- ServiceNow connectors: integrations that bring document automation into ServiceNow workflows.
Clients
ABBYY serves large enterprises, including financial services firms. One case study describes FinTrU automating regulatory documents; another covers a franchise with 40,000 locations extracting lease data.
Key facts
- Based in: United States
- Customers: more than 10,000 companies, by its own count
- Analyst recognition: a Leader in the 2026 Gartner Magic Quadrant for Intelligent Document Processing and in the IDC MarketScape for IDP software
- Award: named 2026 IDP provider of the year by the AI Breakthrough Awards
Profile written by TrustList from the business's own published information, Sep 2026.
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