What is Evolution AI?
Accurate data extraction from financial documents.
Who is Evolution AI best for?
Evolution AI is best for lenders and investors who pull figures from financial and bank statements in volume.
Credit and lending teams
It reads bank statements, financial statements and loan paperwork so underwriters get the figures in a spreadsheet instead of typing them in.
Private equity and asset managers
Financial Statements AI pulls line items from annual and quarterly reports and lays out metrics such as EBITDA the same way for every company and year.
Teams that cannot spare time for checks
On the Managed Service, Evolution AI's annotators set up the extraction and check the output, so your staff get checked data without labelling it themselves.
Uneven document volumes
You pay only for pages processed, with no seat licence, so a quiet month costs little; two extracted pages from one annual report cost £2.
How much does Evolution AI cost?
Evolution AI charges per page with no subscription: Self Service extraction costs £0.08 to £0.15 a page for bank statements and invoices and £0.60 a page plus £0.80 per document for financial statements, while the Managed Service costs £0.13 to £0.30 a page.
- Bank statements and invoices: £0.15 a page at 500 pages a month, down to £0.08 at 100,000
- Financial statements: £0.60 a page plus £0.80 per document
- You label and check the data, with support and training from Evolution AI
- Bank statements and invoices: £0.30 a page at 1,000 pages a month, down to £0.13 at 100,000
- Evolution AI's own annotators handle setup and quality checks
- Financial statements priced on request
Prices are in pounds sterling, and there is no subscription or setup fee. A custom model, which pulls any data points you choose from any document, costs £0.37 to £0.52 a page on Self Service or £0.15 to £0.75 a page on the Managed Service, plus £10,000 a year. Financial Statements AI has a free plan with no card and no time limit that covers about 3 to 5 statements. Full pricing on evolution.ai. We checked these prices on .
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What are the best Evolution AI alternatives?
Two tools on Recaply do Evolution AI's job.
Questions about Evolution AI
What is Evolution AI?
Accurate data extraction from financial documents.
Who is Evolution AI for?
Evolution AI is best for lenders and investors who pull figures from financial and bank statements in volume.
Is Evolution AI free?
Not for ongoing work. Evolution AI's Financial Statements AI has a free plan with no credit card and no time limit, but it covers only about 3 to 5 statements. After that, extraction costs £0.60 a page plus £0.80 per document.
How does Evolution AI's per-page pricing add up?
Evolution AI bills each page it pulls data from, and the rate drops as monthly volume rises. For financial statements, an annual report with one balance sheet page and one income statement page costs £2: two pages at £0.60 plus the £0.80 document fee.
What are the best Evolution AI alternatives?
The closest alternatives on Recaply are Affinda and Datatera.ai.
Where can I try Evolution AI?
On its official website, evolution.ai.
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