Launch HN: Parsewise (YC P25) – Reason Across Documents with an API

53 points by gergelycsegzi 1 day ago

Hi all, it’s Greg and Max, founders of Parsewise here (https://www.parsewise.ai/api). Parsewise transforms a bucket of unstructured data into schema compliant data, retaining lineage for values resolved across documents.

Imagine giving Claude a bunch of files and asking for a CSV or JSON output. If you have tried this, you know both the system limitations (number of files, type of inputs, cost, latency) but also the human-facing challenge of having no way to validate the results quickly. We solve both. We help tech teams simplify their unstructured data ETL, and loop in business experts for the definitions and for instant validation.

Here is a video with a few use cases: https://www.youtube.com/watch?v=dbRllnnh47w

Parsewise in the words of someone coming to us: ”I need to extract information from insurance policy PDFs, phone calls that have been transcribed, emails, etc. I am NOT looking for something that would just extract data point by data point, page by page into a structured well-defined schema but more something more agentic that can understand that information might be across documents and that it should reason over what to extract.”

We started the company based on a decade of experience (and pain) in complex data transformation and data analysis / synthesis. Greg was building both classical ETL and implemented AI workflows at Palantir. At Bain, Max did highly complex data analysis in the financial sector, similar to many of our customers.

Parsewise works by taking in a bucket of data (think hundreds or thousands of pdfs, excels etc.), and outputting schema compliant data where every single value is traceable down to word level citations across multiple documents in the bucket. We provide API customers with ways to show the lineage in their own applications, or they can use our platform for internal operations. At the core of the data processing we have self-improving agent definitions. They define the acceptable sources, the logic for resolving or combining values, and the rule for highlighting uncertainty to the end user.

The underlying tech is model and cloud agnostic and can be deployed in private networks. We have seen the best results with Gemini models for visual reasoning, achieving SOTA (beating Claude Fable) on the strongest grounded reasoning benchmark we have found (Databricks OfficeQA). Notably, we focused more on the “human harness” rather than the model harness, leaning into the actual friction we saw in uptake, which is around verifiability. That means optimizing the time and clicks required to trust the outcomes. We use vLLMs for parsing, and then we use small models for efficient large scale exhaustive search. Unlike RAG, we do not sample; instead, we exhaustively find all relevant values for a given query. We use larger models for decision making around resolutions and flagging inconsistencies to users.

This exhaustiveness and explicit value sourcing is unique to our platform, and it goes beyond the first step of data parsing that many existing providers cover.

We would love to welcome builders and tinkerers to try Parsewise on your complex document challenges. We have a ton of ideas on how we can expand the product and make it better, but would appreciate feedback and ideas from the community!

nilirl 14 hours ago

Does this also extract semantic relationships and data dependencies between fields?

In the past I'd built an internal tool that transforms insurance PDFs to structured data. I wanted to extract explicit data dependencies between fields to perform validation.

Insurance forms can sometimes have 30-40 pages and they can have fields on page 40 that depend on fields on page 4 with a few nested if conditions. Would Parsewise be able to extract those relationships?

If yes, how do you do it for large documents?

  • gergelycsegzi 11 hours ago

    Yes, we do it by having multiple stages to the pipeline. First we would extract the independent data points (from say both page 4 and 40) and a second pass step establishes relationship (we call this resolution).

    On the scale aspect, because we go in multiple passes, we break the scope into small enough pieces and then build it back up in a later step. Iirc the largest document I've seen a customer use was over 1k pages.

    There are more complex data dependency scenarios where we find that the data that's extracted and combined (e.g. from page 4 and 40), needs to then be further transformed in different ways (e.g. having an evaluation and a clarification outcome at the end). To make these be aligned in value we are soon releasing a feature for what we call derived agents.

    • nilirl 6 hours ago

      1. Incredible! Can I make an unsolicited ask? If you had industry specific templates for standardized PDFs it would be easier for me to send Parsewise to the insurance companies I'd worked for. Something similar to https://www.useanvil.com/forms/?type=pdf-templates but with your clean, semantic data model.

      2. Can I ask how? When I was building something like this, I realized there's an element of burning tokens for correctness. Meaning, splitting things into small units and small processes, each using a separate LLM output to be later combined. For a 1k page document, what kind of token usage do you see?

      • gergelycsegzi 5 hours ago

        Re 1 - that is a very kind offer! Our current public template library is very limited, so let me come back to you on this.

        2. We see exactly the same thing. There is a trade-off in correctness vs token burning. However, some tokens (models) are cheaper and faster than others, so the small pieces can benefit from that. The token usage is also surprisingly variable, because it depends on the information density of the document and also on the information density of the question (e.g. is it a single needle in a haystack or are we analyzing the entire haystack from 10 perspectives). So the parsing for 1k pages may be on the order of millions of tokens, while a series of queries (extractions) on top of it could be 1-2 orders of magnitude more.

whinvik 1 day ago

Document parsing is top of my mind lately because in some of the areas we work on the bottleneck is starting to become being able to query documents the same way one queries an api.

I keep thinking the most obvious analogue is we need some way to represent documents the same way we can represent structured data in parquet. Parquet allows easy range bases queries and there is so much tooling built around Arrow.

But for documents I keep hitting a wall to figure out what the right abstractions are. Parquet allows filterable metadata. But what such metadata is there for documents. Then there is the arbitrrariness of chunking, vectorization.

If we could just do this in a 2 step process where every document to process can be represented in a parquet like data format then I think we will atleast have the semblance of a solution.

  • gergelycsegzi 1 day ago

    100% the really hard challenge is that the intermediate representation (ie the parquet equivalent) will be dependent on the given use case. So what we do with the platform is have the users configure the intermediate layer that serves most of their queries, and if they need to extend it we will suggest it for them. For example for the demo on the grounded reasoning benchmark I referred to, here is what the intermediate layer looks like on top of which the agents can more efficiently query: https://demo.parsewise.ai/projects/39bee9d8-d722-4b23-8894-e...

capevace 1 day ago

I built a similar tool some time ago called Struktur (https://struktur.sh).

It’s much more limited in scope but fully open source and highly customisable. In fact it’s made for people to build their own pipelines on top of, providing the scaffolding needed to do so in a reliable way.

During development I’ve found it to be hard to truly generalise agent/llm-based data extraction, especially around the unlimited number of input types without task specific instructions (many files of the same kind, single large files, mixed kinds, bad quality files, docx/pdf/png/… the list goes on). Users sadly wanna upload all of these, and developers want a „one size fits all“ solution.

I am interested in how your solution deals with this. I came up with a strategy based approach so every task can be customised if needed, but I’d be delighted to see a technical writeup of how you deal with this endless variety of input + extraction task combos! :)

  • gergelycsegzi 1 day ago

    I'll need to check it out!

    We had the same observation in that the possible space is almost endless, and for example even for the same file type there may be different kind of processing required (e.g. an excel can be database style, vs small narrative heavy, or both).

    We have baked in some ground processing rules for different kinds of documents, and we do allow custom instructions on how to deal with specific cases (e.g. translations, particular format layouts). The best write-up I have at the moment is https://www.parsewise.ai/doc-processing-pipelines but we're working on something that goes into more detail:)

chaitralikakde 1 day ago

How portable are your agent definitions? If I build one for insurance documents, how much work is needed to adapt it to a completely different domain like legal contracts or healthcare?

  • gergelycsegzi 1 day ago

    In practice we find that each domain (and even each organisation) ends up having highly customized definitions.

    At first, fairly generic templated definitions sort of work, but what we've seen is that over time data comes up that is out of distribution, and there was no explicit instruction on how to deal with it. In such cases we tend to flag this and offer suggestions to the users on how they can improve the specificity of agents.

    Another structure we have seen play out is having a manager review ratings and feedback comments from their team and updating the definitions accordingly over time (where we offer them the capability to see results of before and after side -by-side for all existing data as well, so they are more confident in the change before committing).

    The amount of work is dependent on how good the initial definitions are and how complex the use case is (and how much it evolves - new data sources etc). A bit of an unsatisfying answer but it can be anywhere between a few hours one off or a couple of minutes per day on an ongoing basis.

sixdimensional 17 hours ago

Might be interested in orthogonal reading - "The Textual Warehouse" (ISBN-10:‎ 163462954X) by data warehouse pioneer Bill Inmon. He is and always has been ahead of his time with his thinking!

  • gergelycsegzi 11 hours ago

    This does indeed look really interesting. We have deterministic validations (and some deterministic excel transformations) but using more deterministic transformations for text based on traditional NLP would be a nice complement.

dennis16384 20 hours ago

"With experience and support from" is a nice landing trick!

How do you extract and relate to each other the facts from the documents that require comprehension and not simple similarity matching using common embeddings models?

  • gergelycsegzi 20 hours ago

    Haha thanks, the reader can try and guess which is which;)

    We actually don't use embeddings or vector similarity, since those tend not to work well in specialist domains (e.g. for the OfficeQA benchmark where we have 90k pages talking about US treasury numbers, they would be mostly mapped to a very small embedding space because it's all the same topic, with small variations across years, expense categories etc.).

    We use LLMs for the extraction and comparison as well, and we route between different models depending on the complexity of the comprehension of the given step required (and by this I mean routing between our pipeline steps; we currently do not dynamically try to judge individual cases for complexity like OpenRouter Fusion).

vinaigrette 1 day ago

This looks great for digital humanities, specifically archival work. Would love to try it.

  • gergelycsegzi 1 day ago

    Fully agree, that's why we quite like the Databricks OfficeQA benchmark.. it made us experts on historical US treasuries haha Some screenshots in here: https://www.parsewise.ai/officeqa-sota

    • vinaigrette 1 day ago

      I'm surprised at the low rate every model manages considering the (apparent) ease of the benchmarked document. Can your pipeline produce ground truth as a byproduct ? How do you think open-weight ocr models compare to the one showcased ? I've had good results with glm-ocr on complex documents (complex by their handwriting, pretty easy layouts).

      What I like about your solution is the traceability of the information. A scruffy pipeline I used was gemini-flash 3.0 to pdf to notebook-lm (really amateurish work i know), but it yielded tremendeous time gains to extract info from documents (that could be borderline impossible to read for me). However, to trace back the info was obviously very tedious. But from my experience, notebooklm can now manage ocr/htr without a third party. I wonder how competitive your solution might be compared to messy workflows that work -- albeit with efforts -- but let's the researcher be "in contact" with the material.

      What I really want is obviously an easy to setup local rag system, with the (very) light model that goes with it ... sweet dream.

      • gergelycsegzi 1 day ago

        We were also surprised at first. The reason the models don't do so well is that they need to find information across 90k pages. When they are pointed to the right location they tend to do much better. And with these treasury documents grepping / keyword searching is almost impossible because everything appears thousands of times.

        And thank you, we also love the traceability, it's one of the aspects that we have prioritized. Models will never be perfect so rather than building the best model harness we went for the best human harness haha.

        Tbh it's been a while since I've looked at notebooklm so I expect it would have gotten better over time. One thing where I found it lacking in the past was the structure we could get out (which gives the traceability) - for example a deep dive on one the underlying data for this corpus: https://demo.parsewise.ai/projects/39bee9d8-d722-4b23-8894-e...

        And yes, we're really excited whenever new open weights models come out that push quality, price, latency. We're finding that throughput is a big obstacle so I'm looking forward to more of this running locally, but it will be a while..

vmandrade 22 hours ago

Interesting product! Do you think it would work for e-discovery? I have around 120GB of emails, contracts, and the like, and I need to search for data and where certain expressions are referenced.

  • gergelycsegzi 22 hours ago

    Potentially, but at that scale cost and latency may actually become an issue, so probably better to consider some sort of indexing or keyword searching.

rogerthis 21 hours ago

I am seeing my client using things like this heavily (not exactly this). Also, what I would call "business awareness" is declining.

  • gergelycsegzi 21 hours ago

    I can see why, it's tempting to go for full automation. The reason we go for fine grained sourcing is so that people can build their awareness quickly. Plus many of our customers work in regulated industries where full automation is prohibited.

gorgmah 1 day ago

I worked recently on an internal tool to achieve this kind of things, mostly plugging mistral OCR to gemini to extract structured data from documents. We then perform automated diffs too.

There seems to be an insane amount of competition in the "Intelligent Document Processing" market, like for instance parseur, whose founder is often on HN himself.

What do you think sets you apart from competition like : 1) Mistral document AI : depending on the model, it looks way cheaper than yours, OCR model pricing ranges from 0.001 to 0.004 EUR / page and they have structured output wired in the OCR API if needed (things then get fed to one of their LLMs) + EU-based and GDPR ready 2) parseur / rossum / docsumo / nanonets (which is YC 2017) ?

  • gergelycsegzi 1 day ago

    Great question!

    1. We are working with the assumption that OCR is (or soon will be) solved at super low prices.

    So if we have the extracted data, what can we do with it? Where we see Parsewise making a difference is for use cases that span across documents. I.e. if you are extracting the same 5 fields from every invoice, there are lots of solutions as you listed (+ reducto etc). However, once you have a set of documents (e.g. an entire mortgage application package) and you are trying to get a structured response out, then your option is either an LLM API (if things fit into context and you are okay with limited citations), or building a pipeline with LLMs. I posted it in another comment but an example of trawling through 90k pages is here: https://www.parsewise.ai/officeqa-sota

    2. While we rely on LLMs, the outcomes will be non-deterministic, so the bottleneck is and will remain the human verification (that is for somewhat complex use cases). The architecture that we have built is optimizing for the human reviewer to provide as granular values and citations as possible. This is either through our platform, or API clients.

    • oliver236 11 hours ago

      What about deterministic parsing?

      Basically using templates to extract info from recurring doc structures ??

  • joss82 1 day ago

    Hi, Parseur founder here :D

    I understand what they are trying to do, but to me it feels like the moment when MongoDB entered the database space, with semi-structured, "flexible" storage format. It has its uses, for prototyping mostly.

    But in high-volume, production workloads, giving a structure to the data you extract (what Parseur does through defining the Fields in your Mailbox, basically giving your output data a schema) adds a ton of value, and the larger the dataset, the truer it is.

    Usually, you start by defining where you want your data to go, and which structure it should have, before working backwards from here and starting to extract the data. This is the key to automating your document workflow.

    • gergelycsegzi 1 day ago

      Hey, good point about structure for integrated workflows:)

      Fully agree, for enterprises we need to guarantee types, flag discrepancies and provide underlying sources so they can integrate it downstream (whether that's Databricks, n8n etc.)

      Here is our documentation for working with a fixed JSON schema: https://docs.parsewise.ai/api#schema-driven-extract-convenie...

rdksu 1 day ago

Hey ! Is this kind of like structured output over a large scale document corpora ?

red_hare 1 day ago

I say this with a lot of love: The vibecoded applications in your demo reek of AI slop design.

This isn't a critique of your product. It's just that the a beige-orange theme, the pill components, and the left-border highlight give me that visceral reaction as reading a paragraph littered with em dashes and "not X but Y." It makes me take you less seriously.

Cool demo otherwise.

mauryaudayan 1 day ago

llamaparse also do it, what is different here?

  • maxhofer 1 day ago

    Mostly cross-doc reasoning at scale (e.g., 90k-page corpora) as opposed to doc-to-markdown conversions.

  • gergelycsegzi 1 day ago

    Similar to my other comment, we assume that llamaparse and others can provide the individual page OCR. But once you have that the way that you can integrate it into your workflows often requires additional complexity around combining results from different sources. Here is a deeper dive I wrote on the complexities of building extraction pipelines: https://www.parsewise.ai/doc-processing-pipelines

hnuser 23 hours ago

Just use claude. Not another wrapper

  • gergelycsegzi 19 hours ago

    If Claude is good enough for your use case then for sure. If you need scale, persistent structure and verifiability we can help:)

gnerd00 1 day ago

[flagged]

  • gergelycsegzi 1 day ago

    I learnt a lot at Palantir, though always worked in commercial so no ties to security state (for the better or worse). (Also side-note, we are working towards enabling frontier performance with smaller open models that allows our customers to protect their data. https://www.parsewise.ai/officeqa-sota )

    And I do get genuine joy from helping our users, so love it is:)

    • Johnny_Bonk 1 day ago

      [flagged]

      • gergelycsegzi 1 day ago

        Planning to serve good things for sure, and appreciate your note. Ofc I didn't agree with everything Palantir was doing (also to the extent that we even knew about them at the time). I was working on vaccine distribution and cancer research as well, so definitely felt like helping.

      • dang 1 day ago

        A launch post is not a place to attack other users personally. Neither is any other HN thread for that matter, so please don't do it here.

        https://news.ycombinator.com/newsguidelines.html

        • Johnny_Bonk 1 day ago

          Noted — and I did wish the founder success. I have no personal ill will towards them. But what I'd ask HN to consider is this: our world, and the technology we introduce into it, isn't apolitical or free of normative stakes and real, harmful implications for people. Treating where you've worked and what technology you've stewarded into being as an ethically neutral fact isn't neutral at all. What concerns me is that there's an increasing firewall against calling out things that ACTUALLLY harm people — while an objection gets reframed as a personal attack on someone willingly able to propagate problematic things. But this seems to be where the corporate tech world is moving as it cozies up to the authoritarians.

          • dang 20 hours ago

            Sure, and HN hosts many threads where people debate these points. We're not against that and often as not agree with them.

            But this is a startup launch thread about something unrelated, and hounding someone about an ex-employer is a tenuous ground for bringing such material up. It's the sort of thing this guideline (from https://news.ycombinator.com/newsguidelines.html) asks people not to do, even apart from the personal aspect:

            "Eschew flamebait. Avoid generic tangents."

            More about that here in case helpful: https://news.ycombinator.com/item?id=48750103

      • deaux 16 hours ago

        Do you ask this to all HNers who have worked at Meta, Google, Microsoft and Amazon - the latter three who Palantir relies on to even exist?

        I.e. half of HN?

        • Johnny_Bonk 5 hours ago

          no but we're all implicated including myself

  • dang 1 day ago

    A launch post is not a place to attack other users personally. Neither is any other HN thread for that matter, so please don't do it here.

    https://news.ycombinator.com/newsguidelines.html

    • gnerd00 22 hours ago

      I do respect your moderation, however I addressed the statement, the choice of words, not the person.

      • dang 20 hours ago

        To sarcastically reword someone's statements using fake quotation marks* to depict them as exploitative is at minimum an accusation of insincerity, and the snark adds an additional layer of aggressiveness. You also used "cognitive dissonance" as a trope to basically accuse them of lying. All this is personal and, since it was an attack, crosses into personal attack.

        (* also not allowed here btw: https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...)