What Does Parascript Do?

Total employees58
HeadquartersLongmont
Founded1996

Parascript is a leading developer of Optical Character Recognition (OCR), Intelligent Character Recognition (ICR), and advanced data extraction software. Leveraging machine learning and AI, Parascript's solutions automate document-centric processes, enabling businesses to classify documents, separate them, and extract critical data for payments, lending, AP/AR, and other workflows. Their technology helps organizations reduce manual effort, improve accuracy, and process large volumes of documents efficiently, saving significant costs annually across industries like finance, healthcare, government, and logistics. Parascript focuses on self-optimizing software that adapts to various document types and qualities with minimal setup.

Where Is Parascript's Headquarters?

HQ Function

The Longmont headquarters serves as Parascript's global operational hub, housing executive leadership, research and development, product management, sales, marketing, and customer support teams.

Notable Features:

Situated in a contemporary business park, the headquarters likely features modern office amenities conducive to a high-tech software development company, emphasizing collaborative workspaces and engineering labs. Specific architectural details are not widely publicized.

Work Culture:

Parascript fosters a work culture centered on innovation, technical excellence, and collaborative problem-solving. Employees are encouraged to tackle complex challenges in AI and machine learning, contributing to cutting-edge document automation solutions in a supportive and intellectually stimulating environment.

HQ Significance:

This facility is central to Parascript's innovation pipeline, where core AI algorithms and software products are conceived, developed, and managed, driving the company's leadership in the intelligent document processing market.

Values Reflected in HQ: The headquarters' environment likely reflects Parascript's core values of innovation, precision, efficiency, and customer-centricity, providing a space where advanced technological solutions are developed.

Location:

Parascript, while headquartered in the United States, serves a diverse global clientele across numerous industries. Its intelligent document processing software is utilized by organizations worldwide, facilitated through direct sales, partnerships, and distributor networks. The company's R&D efforts, historically including international talent, support its global product offerings, ensuring its solutions meet a wide range of international document standards and business needs.

Street Address:

6273 Monarch Park Place

City:

Longmont

State/Province:

CO

Country:

USA

Where Else Does Parascript Operate Around the World?

Moscow, Russia

Address: Specific street address not publicly listed; historically operated as a key R&D facility.

Leveraged the strong technical and mathematical talent pool in the region to advance Parascript's OCR, ICR, and AI capabilities, contributing to global product innovation and development.

Buying Intent Signals for Parascript

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Parascript? Meet the Executive Team

As of April 2025, Parascript' leadership includes:

Alexander Filatov - Chief Executive Officer
Greg Council - Vice President, Marketing & Product Management
Andrew Flierman - Vice President of Sales
Bill Johnson - Vice President of Engineering

Who's Investing in Parascript?

Parascript has been backed by several prominent investors over the years, including:

Intel Capital
DFJ ePlanet Ventures
Access Technology Ventures
Rusnano

What Leadership Changes Has Parascript Seen Recently?

Hire0
Exits0

Based on publicly available information, there have been no major executive new hires or departures announced by Parascript in the last 12 months. The leadership team appears to be stable.

What Technology (Tech Stack) Is Used byParascript?

Discover the tools Parascript uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Parascript Email Formats and Examples

Parascript commonly uses the email format combining the first initial and last name. For instance, an employee named Jane Doe would likely have an email address such as jdoe@parascript.com. Variations might exist but this is a frequently observed pattern.

flast@parascript.com (e.g., jdoe@parascript.com)

Format

jdoe@parascript.com

Example

85%

Success rate

What's the Latest News About Parascript?

Parascript BlogSeptember 6, 2023

Parascript FormAnalyzer.AI Named a KMWorld Trend-Setting Product of 2023

Parascript announced that its FormAnalyzer.AI software was recognized by KMWorld Magazine as a Trend-Setting Product of 2023. This award highlights solutions offering unique and innovative approaches to knowledge management, with FormAnalyzer.AI selected for its advanced AI capabilities in automating complex form processing....more

Parascript BlogOctober 25, 2023

Parascript Showcases GenAI-Powered Intelligent Document Processing at Blue Cypress Virtual Summit

Parascript participated in the Blue Cypress Virtual Summit, demonstrating its latest advancements in Intelligent Document Processing (IDP) enhanced with Generative AI. The presentation focused on how GenAI can further streamline document automation and improve data extraction accuracy for businesses....more

Parascript Blog / Deep AnalysisJuly 20, 2023

Parascript Discusses the Role of Generative AI in Document Automation with Deep Analysis

Parascript leadership engaged in a discussion with Deep Analysis, exploring the transformative impact and practical applications of Generative AI in the field of document automation. The conversation highlighted how these emerging technologies are evolving data capture, validation, and processing workflows....more

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