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PLANET AI

Full company profile

uuid0009ada

Namestring
PLANET AI
Legal namestring
PLANET AI GmbH
Websiteurl
planet-ai.de
Company typeenum
Private
Founded yearint
2015
Descriptiontext

PLANET AI GmbH is a Rostock, Germany-based artificial intelligence and machine learning software company founded in 2015, focused on intelligent document processing and process automation for enterprise, government, and BPO customers. The company builds and markets two core product lines: IDA (Intelligent Document Automation), a modular platform comprising Recognition (OCR and handwriting), Classification, Extraction, and Understanding modules capable of processing 100 to 100,000 documents daily with claimed 99% accuracy, and JAIDE, a conversational AI assistant that enables natural language querying of document knowledge bases. These products are powered by the proprietary PlanetBrain platform and PerceptionMatrix technology, with deployment options spanning on-premises, private cloud, and hybrid to address data sovereignty requirements.

The company operates a multi-channel go-to-market combining direct enterprise field sales, OEM/white-label embedding of its AI in third-party software, and channel partnerships with IT consulting firms and system integrators. Pricing is quote-based and subscription-oriented with annual billing, supplemented by professional services for implementation and co-creation. Named customers include Bechtle, Niehoff Gruppe, Bundesagentur für Arbeit, HTC Global Services, IBM, and UniCredit, spanning enterprise, public sector, financial services, and BPO. The company is ISO 9001 certified and positions itself around "Made in Germany" AI with no US cloud dependencies.

Since October 2023, PLANET AI has operated as a 51%-owned majority subsidiary of Bechtle AG, Germany's largest IT system house, which distributes the company's solutions to B2B and B2G customers alongside other AI vendor partnerships such as Microsoft Copilot. The founding team retains a minority stake and the company continues to operate from Rostock with 50+ specialized R&D staff, pursuing additional R&D collaborations (notably the €11M+ ERDF-funded SPOC-AI project with ALTOW Digital Innovation and the University of Rostock) and ecosystem engagements such as its expanded membership in the Innovation Park Artificial Intelligence (Ipai) cluster in Heilbronn.

Short descriptiontext

PLANET AI GmbH is a German AI software company that develops intelligent document processing (IDA) and conversational AI (JAIDE) solutions for enterprise, public sector, and BPO customers, majority-owned by Bechtle AG and operating from Rostock with proprietary OCR and platform technology.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersRostock, Germany
HQ citystring
Rostock
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
intelligent document processing, OCR software, document automation, conversational AI assistant, AI document analysis
Industry4 codes
1Intelligent Document Processing (IDP) & OCR Automation
CodeHDAEAHACPrimaryYes
2End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management)
CodeHDAEANAAPrimaryNo
3AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs)
CodeHDAEANAJPrimaryNo
4Model Development & Training Platforms (AutoML, Notebooks, Feature Stores)
CodeHDAEANABPrimaryNo
NAICS code2 codes
  • Software Publishers5132
  • Custom Computer Programming Services541511
SIC code2 codes
  • Services-Prepackaged Software7372
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Intelligent Document Processing Software
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1IDA Software Licensing
TypeSubscription Recurring
Description

Enterprise software licensing for Intelligent Document Analysis platform. Provides document processing capabilities with flexible deployment options (on-premises, private cloud, hybrid).

planet-ai.com
2JAIDE Licensing
TypeSubscription Recurring
Description

Conversational AI assistant licensing for knowledge management and document intelligence.

planet-ai.com
3OEM/White-label Technology Licensing
TypeLicensing Royalties
Description

White-label AI technology embedded in software vendor solutions. Modular approach allowing partners to cherry-pick specific AI capabilities.

planet-ai.com
4Professional Services
TypeProfessional Services
Description

Implementation, consulting, and co-creation services for enterprise and consulting partner deployments.

planet-ai.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing details2 tiers
1Enterprise custom pricing
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based pricing tailored to enterprise requirements, document volumes, and deployment needs.

planet-ai.com
2OEM/White-label licensing
ModelSubscriptionBilling cadenceAnnual
Notes

Modular licensing for software vendors - partners select specific AI capabilities needed.

planet-ai.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 3 records shown
1IDA
Description

Intelligent Document Processing platform that reads, classifies, and extracts data from documents automatically and at scale.

planet-ai.com
+2 more records
Core offering1 text field

PLANET AI develops and sells AI-powered intelligent document processing software that reads, classifies, extracts, and understands content from documents at scale, and provides a conversational AI assistant for querying document knowledge bases. Its IDA platform performs OCR (including handwriting), classification, extraction, and document understanding, while JAIDE delivers conversational knowledge retrieval, with both products deployable on-premises, in a private cloud, or in hybrid environments. The company sells its software directly to enterprises, through OEM/white-label integrations with software vendors, and via IT consulting partners, with the Bechtle Group as its majority owner and distribution channel.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 99% OCR accuracy - outperforms every standard solution
+3 more records
Product overview1 text field

PLANET AI offers a unified platform-plus-modules architecture centered on IDA (Intelligent Document Automation) and JAIDE. IDA is the core document processing engine comprising four integrated modules: Recognition (OCR and handwriting), Classification, Extraction, and Understanding. JAIDE serves as the conversational AI layer that enables knowledge retrieval from documents processed by IDA. Both products are powered by proprietary technology platforms PlanetBrain and PerceptionMatrix. The portfolio delivers end-to-end document intelligence: IDA converts high-volume document chaos into structured data, while JAIDE makes that knowledge accessible through natural language queries. The architecture is modular and multi-model, allowing flexible deployment (on-premises, private cloud, or hybrid) with no vendor lock-in.

Product and service3 records
1IDA (Intelligent Document Automation)
CategoryIntelligent Document Processing Software
Description

Core document processing platform that reads, classifies, and extracts data from documents automatically at scale (100 to 100,000 documents daily). Includes OCR-based text and handwriting recognition, document classification, structured data extraction, and document understanding, with claimed 99% OCR accuracy and handwriting deciphering that does not require rules-based configuration. Sold to enterprise customers in insurance, banking, public sector, manufacturing, and BPO under custom enterprise licensing, with deployment options including on-premises, private cloud, and hybrid.

2JAIDE
3PlanetBrain
CategoryAI Platform Technology
Description

Multifunctional AI platform technology developed by PLANET AI serving as the foundation for document analysis, process automation, and image/voice recognition. PlanetBrain is referenced as a standalone technology platform with its own product page, supports the IDA and JAIDE products, and is part of the technology offered in OEM/white-label integrations.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or Integration
Description

Collaborating with IBM as a technology vendor and research partner. IBM is one of the technology vendors PLANET AI works with in the broader AI ecosystem.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Expanded membership in Innovation Park Artificial Intelligence (Ipai) cluster in Heilbronn as of February 2025. Strengthens position in European AI ecosystems and collaboration within the AI innovation community.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Collaboration partner in SPOC-AI (Single Point of Contact) project - an intelligent platform revolutionizing document-based processes. Project harmonizes modernization, efficiency, and data protection.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Research collaboration partner in SPOC-AI project alongside ALTOW Digital Innovation. University of Rostock's CITlab contributes to intelligent document processing research.

Strategic tierCoreTypeTechnology or Integration
Description

Technology partnership for NVIDIA Blackwell architecture support. IDA 5.4 supports NVIDIA Blackwell architecture and runs more reliably under sustained load.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Rossum is a cloud-native IDP platform using AI for transactional document extraction. It targets similar enterprise customers (BPOs, insurance, logistics) with a SaaS model — overlapping directly with PLANET AI's IDA offering on the document understanding and extraction use cases.

TypeBroad incumbent
Description

UiPath is a broad intelligent automation platform whose Document Understanding module offers OCR, classification, and extraction as part of a wider RPA suite. It is a broader incumbent that competes with PLANET AI for enterprise document-automation budget, though it does not specialize purely in IDP.

TypeDirect peer
Description

Hyperscience is a venture-backed IDP vendor offering classification, extraction, and automation for enterprise document workflows in insurance, financial services, and government. Its handwriting and structured-document capabilities are directly comparable to PLANET AI's IDA platform.

TypeDirect peer
Description

Klippa is a European IDP and OCR vendor focused on financial document processing, expense management, and identity verification. Its DocHorizon platform directly overlaps PLANET AI's IDA extraction and OCR capabilities, particularly in European compliance-sensitive verticals.

TypeDirect peer
Description

Infrrd is an IDP vendor specializing in AI-driven document extraction for mortgage, insurance claims, and invoice workflows. Its platform targets similar enterprise customers and competes with PLANET AI's IDA extraction and classification modules on complex handwritten and semi-structured documents.

TypeDirect peer
Description

Tungsten Automation is a long-established IDP and intelligent automation vendor serving banks, insurers, and government agencies. Its document capture and processing suite overlaps directly with PLANET AI's IDA modules in regulated enterprise workflows.

TypeDirect peer
Description

ABBYY is the closest direct competitor — a global OCR and intelligent document processing specialist with FineReader and ABBYY Vantage. It competes head-to-head with PLANET AI's IDA in recognition, classification, and extraction for enterprise customers across banking, insurance, and public sector.

TypeDirect peer
Description

Instabase is an AI platform for unstructured data including document understanding, classification, and workflow automation for enterprise and regulated industries. It competes with PLANET AI's full IDP value proposition and emphasizes conversational interfaces analogous to JAIDE.

TypeDirect peer
Description

Parashift is a European/German-based IDP vendor using machine learning for invoice, order, and remittance document extraction. It targets a similar Mittelstand and enterprise customer base in DACH and competes directly with PLANET AI on financial document processing.

TypeBroad incumbent
Description

Microsoft offers Azure AI Document Intelligence (formerly Form Recognizer) and SharePoint Syntex as integrated IDP services within the Azure and Microsoft 365 stacks. As a hyperscaler incumbent, it competes on price-bundled IDP for the same enterprise and public-sector customers PLANET AI addresses.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment9 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability9 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

PLANET AI

Intelligent Document Processing Softwareplanet-ai.de

PLANET AI GmbH is a German AI software company that develops intelligent document processing (IDA) and conversational AI (JAIDE) solutions for enterprise, public sector, and BPO customers, majority-owned by Bechtle AG and operating from Rostock with proprietary OCR and platform technology.

What PLANET AI does

PLANET AI GmbH is a Rostock, Germany-based artificial intelligence and machine learning software company founded in 2015, focused on intelligent document processing and process automation for enterprise, government, and BPO customers. The company builds and markets two core product lines: IDA (Intelligent Document Automation), a modular platform comprising Recognition (OCR and handwriting), Classification, Extraction, and Understanding modules capable of processing 100 to 100,000 documents daily with claimed 99% accuracy, and JAIDE, a conversational AI assistant that enables natural language querying of document knowledge bases. These products are powered by the proprietary PlanetBrain platform and PerceptionMatrix technology, with deployment options spanning on-premises, private cloud, and hybrid to address data sovereignty requirements.

The company operates a multi-channel go-to-market combining direct enterprise field sales, OEM/white-label embedding of its AI in third-party software, and channel partnerships with IT consulting firms and system integrators. Pricing is quote-based and subscription-oriented with annual billing, supplemented by professional services for implementation and co-creation. Named customers include Bechtle, Niehoff Gruppe, Bundesagentur für Arbeit, HTC Global Services, IBM, and UniCredit, spanning enterprise, public sector, financial services, and BPO. The company is ISO 9001 certified and positions itself around "Made in Germany" AI with no US cloud dependencies.

Since October 2023, PLANET AI has operated as a 51%-owned majority subsidiary of Bechtle AG, Germany's largest IT system house, which distributes the company's solutions to B2B and B2G customers alongside other AI vendor partnerships such as Microsoft Copilot. The founding team retains a minority stake and the company continues to operate from Rostock with 50+ specialized R&D staff, pursuing additional R&D collaborations (notably the €11M+ ERDF-funded SPOC-AI project with ALTOW Digital Innovation and the University of Rostock) and ecosystem engagements such as its expanded membership in the Innovation Park Artificial Intelligence (Ipai) cluster in Heilbronn.

PLANET AI firmographics

Firmographics
Name
PLANET AI
Legal name
PLANET AI GmbH
Website
https://planet-ai.de
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
11–50 employees
Short description
PLANET AI GmbH is a German AI software company that develops intelligent document processing (IDA) and conversational AI (JAIDE) solutions for enterprise, public sector, and BPO customers, majority-owned by Bechtle AG and operating from Rostock with proprietary OCR and platform technology.
Ownership category
akta.pro rank

PLANET AI industry classification

Industry
Product category
Intelligent Document Processing Software
NAICS
Software Publishers (5132), Custom Computer Programming Services (541511)
SIC
Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)
akta.pro secondary industries
End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA), AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), Model Development & Training Platforms (AutoML, Notebooks, Feature Stores) (HDAEANAB)

Keywords

  • Intelligent document processing
  • OCR software
  • Document automation
  • Conversational AI assistant
  • AI document analysis

Where PLANET AI is headquartered

Location

Headquarters

HQ city
Rostock
HQ country
Germany
HQ region
Europe

Offices1 record

Markets served

PLANET AI business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. IDA Software Licensing: Enterprise software licensing for Intelligent Document Analysis platform. Provides document processing capabilities with flexible deployment options (on-premises, private cloud, hybrid).
  2. JAIDE Licensing: Conversational AI assistant licensing for knowledge management and document intelligence.
  3. OEM/White-label Technology Licensing: White-label AI technology embedded in software vendor solutions. Modular approach allowing partners to cherry-pick specific AI capabilities.
  4. Professional Services: Implementation, consulting, and co-creation services for enterprise and consulting partner deployments.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise custom pricing
SubscriptionAnnualOEM/White-label licensing

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

PLANET AI product offering

Product offering

Core offering

PLANET AI develops and sells AI-powered intelligent document processing software that reads, classifies, extracts, and understands content from documents at scale, and provides a conversational AI assistant for querying document knowledge bases. Its IDA platform performs OCR (including handwriting), classification, extraction, and document understanding, while JAIDE delivers conversational knowledge retrieval, with both products deployable on-premises, in a private cloud, or in hybrid environments. The company sells its software directly to enterprises, through OEM/white-label integrations with software vendors, and via IT consulting partners, with the Bechtle Group as its majority owner and distribution channel.

Product overview

PLANET AI offers a unified platform-plus-modules architecture centered on IDA (Intelligent Document Automation) and JAIDE. IDA is the core document processing engine comprising four integrated modules: Recognition (OCR and handwriting), Classification, Extraction, and Understanding. JAIDE serves as the conversational AI layer that enables knowledge retrieval from documents processed by IDA. Both products are powered by proprietary technology platforms PlanetBrain and PerceptionMatrix. The portfolio delivers end-to-end document intelligence: IDA converts high-volume document chaos into structured data, while JAIDE makes that knowledge accessible through natural language queries. The architecture is modular and multi-model, allowing flexible deployment (on-premises, private cloud, or hybrid) with no vendor lock-in.

Differentiator

Problem solved

Functional benefit

Brands

  • IDA: Intelligent Document Processing platform that reads, classifies, and extracts data from documents automatically and at scale.
  • JAIDE
  • PlanetBrain

Products and services

  • IDA (Intelligent Document Automation) Core document processing platform that reads, classifies, and extracts data from documents automatically at scale (100 to 100,000 documents daily). Includes OCR-based text and handwriting recognition, document classification, structured data extraction, and document understanding, with claimed 99% OCR accuracy and handwriting deciphering that does not require rules-based configuration. Sold to enterprise customers in insurance, banking, public sector, manufacturing, and BPO under custom enterprise licensing, with deployment options including on-premises, private cloud, and hybrid.
  • JAIDE
  • PlanetBrain Multifunctional AI platform technology developed by PLANET AI serving as the foundation for document analysis, process automation, and image/voice recognition. PlanetBrain is referenced as a standalone technology platform with its own product page, supports the IDA and JAIDE products, and is part of the technology offered in OEM/white-label integrations.

Quantifiable outcome

  • 99% OCR accuracy - outperforms every standard solution
  • +3 more outcomes

Companies that use PLANET AI

Customer profile

Named customers6 records

Segments9 records

Ideal customer profiles6 records

PLANET AI technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature5 records

PLANET AI partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and flagship.

  • IBMcoreTechnology or IntegrationCollaborating with IBM as a technology vendor and research partner. IBM is one of the technology vendors PLANET AI works with in the broader AI ecosystem.
  • Innovation Park Artificial Intelligence (Ipai)flagshipStrategic or Co-development PartnerExpanded membership in Innovation Park Artificial Intelligence (Ipai) cluster in Heilbronn as of February 2025. Strengthens position in European AI ecosystems and collaboration within the AI innovation community.
  • ALTOW Digital InnovationflagshipStrategic or Co-development PartnerCollaboration partner in SPOC-AI (Single Point of Contact) project - an intelligent platform revolutionizing document-based processes. Project harmonizes modernization, efficiency, and data protection.
  • University of RostockflagshipStrategic or Co-development PartnerResearch collaboration partner in SPOC-AI project alongside ALTOW Digital Innovation. University of Rostock's CITlab contributes to intelligent document processing research.
  • NVIDIAcoreTechnology or IntegrationTechnology partnership for NVIDIA Blackwell architecture support. IDA 5.4 supports NVIDIA Blackwell architecture and runs more reliably under sustained load.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

PLANET AI competitors and assessment

Company assessment

Direct peers

  • Rossum: Rossum is a cloud-native IDP platform using AI for transactional document extraction. It targets similar enterprise customers (BPOs, insurance, logistics) with a SaaS model — overlapping directly with PLANET AI's IDA offering on the document understanding and extraction use cases.
  • Hyperscience: Hyperscience is a venture-backed IDP vendor offering classification, extraction, and automation for enterprise document workflows in insurance, financial services, and government. Its handwriting and structured-document capabilities are directly comparable to PLANET AI's IDA platform.
  • Klippa: Klippa is a European IDP and OCR vendor focused on financial document processing, expense management, and identity verification. Its DocHorizon platform directly overlaps PLANET AI's IDA extraction and OCR capabilities, particularly in European compliance-sensitive verticals.
  • Infrrd: Infrrd is an IDP vendor specializing in AI-driven document extraction for mortgage, insurance claims, and invoice workflows. Its platform targets similar enterprise customers and competes with PLANET AI's IDA extraction and classification modules on complex handwritten and semi-structured documents.
  • Tungsten Automation (formerly Kofax): Tungsten Automation is a long-established IDP and intelligent automation vendor serving banks, insurers, and government agencies. Its document capture and processing suite overlaps directly with PLANET AI's IDA modules in regulated enterprise workflows.
  • ABBYY: ABBYY is the closest direct competitor — a global OCR and intelligent document processing specialist with FineReader and ABBYY Vantage. It competes head-to-head with PLANET AI's IDA in recognition, classification, and extraction for enterprise customers across banking, insurance, and public sector.
  • Instabase: Instabase is an AI platform for unstructured data including document understanding, classification, and workflow automation for enterprise and regulated industries. It competes with PLANET AI's full IDP value proposition and emphasizes conversational interfaces analogous to JAIDE.
  • Parashift: Parashift is a European/German-based IDP vendor using machine learning for invoice, order, and remittance document extraction. It targets a similar Mittelstand and enterprise customer base in DACH and competes directly with PLANET AI on financial document processing.

Broad incumbents

  • UiPath: UiPath is a broad intelligent automation platform whose Document Understanding module offers OCR, classification, and extraction as part of a wider RPA suite. It is a broader incumbent that competes with PLANET AI for enterprise document-automation budget, though it does not specialize purely in IDP.
  • Microsoft (Azure AI Document Intelligence / Syntex): Microsoft offers Azure AI Document Intelligence (formerly Form Recognizer) and SharePoint Syntex as integrated IDP services within the Azure and Microsoft 365 stacks. As a hyperscaler incumbent, it competes on price-bundled IDP for the same enterprise and public-sector customers PLANET AI addresses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

PLANET AI social profiles

Digital presence

PLANET AI compliance and trust

Trust signal

Compliance1 record

PLANET AI financial estimates

Financial estimate

Revenue estimate

Valuation estimate

PLANET AI leadership team

Management profile

Number of profiles

Profiles3 records

PLANET AI funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

PLANET AI M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PLANET AI

What does PLANET AI do?

PLANET AI develops and sells AI-powered intelligent document processing software that reads, classifies, extracts, and understands content from documents at scale, and provides a conversational AI assistant for querying document knowledge bases. Its IDA platform performs OCR (including handwriting), classification, extraction, and document understanding, while JAIDE delivers conversational knowledge retrieval, with both products deployable on-premises, in a private cloud, or in hybrid environments. The company sells its software directly to enterprises, through OEM/white-label integrations with software vendors, and via IT consulting partners, with the Bechtle Group as its majority owner and distribution channel.

Is PLANET AI a public or private company?

PLANET AI is a private company. It is classified as corporate owned and is currently operating.

When was PLANET AI founded?

PLANET AI was founded in 2015. It employs 11 to 50 people.

Where is PLANET AI based?

PLANET AI is headquartered in Rostock, Germany, in the Europe region.

How does PLANET AI make money?

Four revenue lines are on record. IDA Software Licensing is the primary driver. The others are JAIDE Licensing, OEM/White-label Technology Licensing and professional Services.

Who are PLANET AI's main competitors?

Direct peers on record are Rossum, Hyperscience, Klippa, Infrrd, Tungsten Automation (formerly Kofax), ABBYY, Instabase and Parashift. Broad incumbents are UiPath and Microsoft (Azure AI Document Intelligence / Syntex).

Does PLANET AI have an API?

No public API is recorded for PLANET AI.

What industry is PLANET AI in?

PLANET AI's product category is Intelligent Document Processing Software. Its primary akta.pro industry code is HDAEAHAC, Intelligent Document Processing (IDP) & OCR Automation, with a secondary code of HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management). Its NAICS code is 5132 and its SIC code is 7372.

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