This article was published in August 2022 when Taiger first joined Percent’s platform. For the latest and critical updates regarding Taiger’s performance, including any recent developments or changes, please visit Taiger’s borrower page on Percent.
We are excited to introduce Taiger, an international, VC-backed software company developing breaking-edge, AI-enabled documents processing software. The Singapore-based enterprise software solutions and services company is the latest company to raise corporate debt in an offering underwritten by Percent. With a highly-experienced management team and an extensive client base, Taiger creates cutting edge technology to improve business efficiency worldwide.
Since 2016, Taiger has provided proprietary software, solutions, and services to large financial institutions and law firms, all of which utilize their proprietary OmnitiveIDP technology to improve inefficient, document-heavy processes. The company uses machine learning, deep learning, and AI technology to automatically read, understand, classify, extract, and validate information from a client’s internal and external documents. With a focus on intelligent document processing, or IDP, Taiger automates processes involving complex documents where legacy systems cannot, extracting information from both structured and unstructured data.
The global Natural Language Processing (NLP) market is expected to reach $42 billion by 2026, up from $13 billion in 2020, with an expected CAGR of 21.5%. As a company operating within the NLP market, Taiger focuses specifically on IDP to organize and extract powerful business data from structured, semi-structured and unstructured documents. This makes all non-digital data (including unstructured data) usable for large enterprise clients. Headquartered in Singapore with Core Subsidiaries in Spain and Mexico (and expansion plans to grow further in Europe and the U.S.), the company looks to expand to new industry verticals, leveraging their current client base to identify additional pain points and expand their solutions into new avenues.