TextMine

We’re in the top 1% of startups for 2024! 🎉 WE MADE IT. Out of 2,100 applicants, Focal handpicked 24 of the most sought-after founders to present their startups at Europe’s leading Demo Day, celebrating its 10th edition. Here’s ours… Watch the full event: https://lnkd.in/egEPwn9y

Hidden costs can easily slip into vendor contracts if you’re not careful. Vague terms. Unexpected fees. Quietly, they chip away at your budget. Think of a time you were certain about a deal, only to later discover hidden clauses… What seemed like a win, suddenly turned into a costly mistake. Or when tracking contract terms manually led to missed renewal dates or missed renegotiation opportunities... Costing your team valuable resources. Realising you could have saved money or negotiated better terms is frustrating. But let’s face it, spending hours combing through documents to prevent this from happening again is a real drain on your time and energy. So, let's nip this in the bud. TextMine automates contract management, helping you easily identify hidden costs and extract critical terms without the manual effort or risk of overlooking anything. With our AI-driven solution, you can: → Effortlessly track key dates → Renegotiate more effectively → Ensure compliance …all whilst saving time and money. Drop me a DM to discuss how TextMine can help you effortlessly spot hidden costs, track critical terms, and keep your contracts working in your favour!

Outdated data tools could be slowing down your ability to make fast, data-driven decisions. If you’re a: → Procurement leader → Legal professional → Supply chain manager → CFO You’ll know the value of having real-time insights at your fingertips to act confidently and quickly. And whilst there are many solutions available, be picky… Some only provide surface-level insights and require hours of manual work, preventing your team from accessing critical information when it’s needed most. 👎 So choose TextMine! Our platform automates data extraction from documents, creating a searchable database of essential information. This means locating key data instantly, and no more endless sifting through files (result). By eliminating manual sorting, TextMine gives your team the freedom to focus on strategy, not routine tasks. What’s keeping your team from upgrading their data management approach? Visit textmine.com to learn more 🚀

Your procurement team could lose up to 30% of its savings potential by not leveraging technology effectively. Can you afford to pass that up? With so many tools available, it can be tough to know which ones to choose (we get it). But sticking with outdated methods wastes time and hurts your bottom line. Over time, inefficient workflows: → Quietly drain resources → Lead to significant savings losses → Impact your overall budget and performance The BEST time to address inefficiencies is now, before they escalate. Here’s how (swipe) ➡️ If you’re not sure where to begin, TextMine is the perfect place to start—helping you tackle these challenges effectively! Complete this form & a member of our team will be in touch! https://lnkd.in/er-nE22F 😊

I know the feeling... * Managing supplier relationships * Keeping contracts organised * Ensuring compliance But the right tools can make all the difference. They allow you to focus on what truly matters: * Streamlining your procurement processes * Strengthening supplier relationships * Controlling costs TextMine is a powerful tool that doesn’t just cover these bases; it takes your workflow to the next level thanks to: Automated contract tracking
↳ Effortlessly monitor renewal dates and break clauses, freeing your team from the burden of manual oversight. Data-driven insights
↳ Leverage analytics to assess supplier performance and make informed decisions that elevate your procurement strategy. With these features, TextMine helps procurement teams work smarter, not harder—freeing up your time to focus on strategic initiatives. Master your tools, and you’ll master your procurement efforts. Drop me a DM to discover how else TextMine can support your team!

TextMine is taking yet another leap forward, and we’re pleased to announce that we have become a member of NVIDIA Inception (NVIDIA for Startups)! This program grants us access to invaluable resources and expert guidance as we continue to push the boundaries of AI-powered document and data extraction solutions. 🚀 Here’s what this means for our users… With the support of NVIDIA’s global network, we’re advancing our mission to transform how teams manage documents and contracts. This will enable us to develop even more robust and scalable solutions that streamline workflows and deliver improved outcomes. Thank you to NVIDIA for welcoming us into this incredible program. We’re confident that this opportunity will drive innovation and create even greater value for our users! #NVIDIAInception Read the full article: https://lnkd.in/et4SkS5c

Focal W24 is officially done! 🌟 We're thrilled to release the list of 24 exceptional finalists who took the stage at Demo Day – representing the top 1% of founders currently raising. If you couldn’t join us live, you can catch the full recording linked in the comments below. 🎥 💼 Plot - A team of AI coaches to help people design careers true to who they really are. 💻 Midio - Speed up development through visual programming. 🤖 Checkstep - one-in-one platform that provides AI content moderation and compliance solutions to manage user-generated content effectively and ensure online safety. 📄 TextMine - Structured data for enterprise documents. 🤖 Lumina - AI-powered ERP for small and mid-sized businesses. 💡 Toothfairy ™ - We connect patients to a dentist for more affordable and convenient dental treatments. 📧 Salesforge 🔥 - Salesforge generate sales pipeline by sending a unique email either using AI co-pilot or autopilot mode and doing so with the least headcount and highest probability using big data. 🍼 Hulk Bio - creating cell-based human milk - a new category of infant nutrition - when breastfeeding isn't possible. 🛠️ Bricks AI - an AI-powered devtool that turns internal APIs into a fully-configured admin panel for CS and ops teams. 🧠 innerworks.me - invisibly verifies humanity and identity through unique behavioural biometrics. ✅ adclear.ai - Marketing Compliance Co-Pilot for Financial Products. 🧬 ScienceMachine - 'AI Data Analyst' for Drug Discovery. Deck. Website.  Space DOTS - Surveying space environments for insights that drive safer, more efficient interplanetary growth. 🛰️ Space DOTS® - Surveying space environments for insights that drive safer, more efficient interplanetary growth. 🤖 GatlingX - Building superhuman hackbots powered by the fastest and cheapest EVM implementation in the world by 100x. 🎨 Banani - AI-powered design teammate. 🛒 Vortex IQ | Techstars '24 - an AI-powered Insights Implementation platform for eCommerce Websites that transforms data insights into automated actions using AI Agents. 🎟️ Up - a ticketing & content platform. 📦 Esgrid - AI-powered supply chain sustainability platform for midcap enterprises. 💰 Communion - the AI native spend management platform for growth teams. 🧊 Cold - an AI-powered task feed for sales people that sits on top of any sales stack - removing all the busy work and boosting efficiency by 10x. 🚲 Minimal - gives logistics operators simple access to microhubs, micromobility vehicles and operating software to rapidly scale efficient, decarbonised multi-modal logistics in cities. 🌸 Willow  - a B2B2C platform that helps businesses support families in honouring their loved ones by providing a personalised, AI-driven solution to collaboratively capture life stories in a lasting, therapeutic way. 🎓 Klea AI - A 3D AI language tutor on mobile. 🚑 Anathem - AI for front line workers in ‘high-stakes’ services.

I’ll let you in on a secret… Your current processes are holding your team back (there, I said it). They’re outdated and inefficient: → Manual contract reviews → Endless data entry → Managing disorganised documents Together, these are costing your procurement team time, money, and valuable opportunities. Here’s how to fix it: 1. Automate contract tracking – Ensure you never miss a renewal or critical clause again. 2. Eliminate manual input – Free your team to shift their focus from admin tasks to strategic decisions. 3. Stay audit-ready – Automated workflows keep you ahead of compliance requirements. These three strategies will drastically improve your workflow. If you want to learn where to start, drop me a DM, and let’s discuss how TextMine can transform your procurement processes!

DPW Amsterdam 2024, you were great. Our COO & co-founder, Amber Akhtar took to the main stage last week (and absolutely shined may we add). 👏

Are manual data entry and extraction tasks eating up your time? Perhaps you’re a … → Procurement leader handling vendor details in spreadsheets. → Head of finance dealing with payment information and budget allocations. → COO managing service agreements and equipment warranties. Not only is carrying out these tasks manually extremely time-consuming, but it’s also prone to error. 🚩 We understand this, which is why we designed Vault, a powerful tool capable of completely streamlining your document management processes, and saving you valuable time. By automatically identifying and extracting data points from your documents, Vault eliminates the need for manual data entry. It seamlessly exports the extracted data as CSV files, ready to populate your CRM with precision and efficiency. 🚀 Here’s how you can use Vault to extra data from your documents in just a few simple steps…