exponentials are hard to wrap your head around 1) what used to be our entire ARR is now what we add every month 2) crazy that at 8-figure revenue scale, even the growth rate itself is accelerating thank you to our customers for your trust, we won’t let you down 🫡

today, we're launching our new Parse Router extend now runs a classifier on every page, and decides whether to run our performance or light engine for parsing (on a page-by-page basis) tldr: - most documents have a mix of complex pages intermingled with simpler ones. The router classifies and routes each page so you get the best blended performance x cost for any given document - you pay per page for whatever was used: 0.5 credits for our Light engine, 2 credits for Performance - our classifier works by scoring each page on layout, text quality, tables, form fields, and checkboxes - on RealDoc-Bench, enabling the parse router scored 89% (close to Performance's 90.9%) while using significantly fewer credits Parse Router is now our recommended default for most customers with mixed document payloads in mortgage, insurance, healthcare, and legal it's live today, set the engine to `parse_auto` and give it a shot on your own docs

today, we're launching Light Parse Extend can now parse documents up to 70% cheaper than other solutions - light parse starts at $0.00625 per page, and scales down significantly with volume discounts - it's SOTA on Databricks OfficeQA Pro (a 3rd party agent benchmark) among all non-agentic parsing providers our ML/AI team trained smaller and more efficient layout, table, and form vision models to enable significant cost reduction without impacting accuracy on many types of documents live today for all users!