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Extend

Production-grade document processing for AI teams

Overview

Company Does Not Provide H-1B Sponsorship

Extend provides a production-grade document processing platform for AI teams. Parse is a document parsing API that ingests PDFs and unstructured documents to extract structured data at scale, with confidence scores and multi-pass review. It includes end-to-end workflows with versioning and a Studio UI to iterate on extraction schemas without CLI tools. Its goal is to help enterprise teams automate and scale accurate data extraction while maintaining control, traceability, and reliability, competing on accuracy and production readiness versus foundation models, open-source parsers, and legacy vendors.

YC CompanySignificant Headcount Growth

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About Extend

Simplify's Rating
Why Extend is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningHealthcare

Company Size

11-50

Company Stage

Series A

Total Funding

$17.6M

Headquarters

New York City, New York

Founded

2023

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What believers are saying

  • Brex, Mercury, Flatiron Health, and Opendoor publicly use Extend in production.
  • Extend launched Verify on October 19, 2026, expanding into fraud screening workflows.
  • Extend’s updated docs show Parse, Verify, and Operator-1 integrated across one platform.

What critics are saying

  • Verify requires approval and returns 404 for unenabled organizations, slowing adoption.
  • Benchmarks from Extend’s own October 2026 launches invite buyer skepticism and easy commoditization.
  • Open-source parsers and foundation models can erase Extend’s moat if prices keep falling.

What makes Extend unique

  • Extend’s October 7, 2026 Operator-1 agent hit 99.88% on LongExtractionBench.
  • Extend’s August 27, 2026 Light Parse undercut rivals at $0.005 per page.
  • Extend’s Studio, evals, and persistent memory let domain experts iterate without CLI.

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Funding

Total Funding

$17.6M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
$13.6M
$15M
$30M

Benefits

  • Company Equity
  • Flexible Work Hours

Growth & Insights and Company News

6 month growth

-2%

1 year growth

-2%

2 year growth

-5%
Yahoo Finance
Oct 28th, 2026
Extend CEO calls expense management "dying" as AI agents start spending; firm claims $7B run rate

Extend co-founder and chief executive officer Andrew Jamison calls expense management "a dying category." He says AI will fold expenses, bills, and reimbursements into one automated process that needs no one to log in. Extend, founded in 2017 by American Express and Capital One veterans, sells card spend and expense software to small businesses. Jamison says it serves over 10,000 businesses, runs at a $7 billion annual rate, and grows revenue 50% a year. These figures could not be independently verified. Jamison says card networks have not settled who bears the risk if an AI agent buys something unintended. Until agents are certified, he suggests a user confirm each purchase, and the agent then receives a virtual card valid for five minutes.

Yahoo Finance
Oct 19th, 2026
Extend launches Verify API detecting 96.3% of document fraud, including AI-generated forgeries

Extend today launched Verify, an API that detects document fraud, at Money20/20 USA in Las Vegas. The tool lets developers and AI agents check whether a document is genuine before acting on it. AI has made forgeries that human reviewers cannot see easy to produce. A fake bank statement, invoice, or receipt that slips through can cost a business millions of dollars. Verify examines visual content, file structure, and revision history. It flags AI-generated documents, localised AI tampering, conventional digital edits, and changes made after signing. It returns risk scores, explanations, and traceable evidence. In a benchmark test, Verify detected 96.3% of fraudulent documents at a 4.0% false-positive rate. It is available now, on its own or inside existing Extend pipelines.

Associated Press
Oct 15th, 2026
Extend launches Operator-1 agent, hitting 99.88% accuracy on document extraction benchmark

Extend, a New York document AI company, has launched Operator-1, an autonomous agent for extracting data from complex documents. It combines document tools with persistent memory in a dedicated workspace, so it can extract data, check its work, and reuse methods that succeeded. Extend says Operator-1 set records on three benchmarks: 99.3% on LongArray-Extract, 99.88% on LongExtractionBench, and 96.57% on ExtractBench. Third parties published two of the three. The agent can write and run code, search across thousands of pages, and zoom into document images. It retries when a check fails. Operator-1 is available now in the Extend dashboard and API on all plans, at 5 credits per page. New users get 10,000 free credits.

Associated Press
Sep 22nd, 2026
Extend's Light Parse achieves 90.5% accuracy at sub-cent document processing cost

Extend, a document processing platform for developers, has released performance results for its Light Parse engine on two open-source benchmarks. Light Parse achieved 90.5% field-level accuracy on RealDoc-Bench and 54.9% question-answering accuracy on Databricks OfficeQA Pro, whilst costing $0.00625 per page. The engine is designed for text-heavy, high-volume documents such as reports and contracts. Both benchmarks test whether AI systems can answer questions correctly using parsed document output. Extend reports Light Parse placed first among non-agentic parsers on both benchmarks. The company says customers in sectors including legal AI have halved their OCR spending after switching to its solution. Developers can select between Light Parse and the company's Performance Parse engine via API or Extend Studio.

PR TIMES
Jul 28th, 2025
ExtenD Completes Funding for Diamond Sensors

株式会社ExtenD, a startup from the National Institute of Advanced Industrial Science and Technology, completed a seed funding round in June 2025. The funding, amount undisclosed, was led by Samsung Diamond Industrial Co., Ltd. and Saga Bank Capital & Consulting. The funds will be used for R&D and commercialization of diamond materials, talent acquisition, and business expansion. ExtenD aims to create new markets with its advanced diamond sensor technology and AI integration.

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