Extent

Extend is an AI-native document processing platform that turns PDFs, scans, and other unstructured files into structured, production-ready data for technical teams , and today's launch adds a new tier called LightParse aimed at high-volume ingestion workloads. Pricing starts at $0.00625 per page with additional volume discounts, which the company positions as up to 70 percent cheaper than competing parsers. It is meant for developers who need to pick a specific point on the cost, accuracy, and latency curve rather than paying premium prices for every page in a pipeline. LightParse runs on smaller, more efficient versions of Extend's parsing models and targets the bulk of what production pipelines actually handle, meaning text, forms, and tables. On the third-party Databricks OfficeQA Pro agent benchmark it placed second only to Extend's own higher-end performance parser, and on the company's open-source RealDocBench it was the most accurate non-agentic parser at over 90 percent per-field accuracy. Extend says early customers in legal AI and real estate, sectors with heavy document flows, have cut their OCR spend roughly in half after migrating from other providers. The launch matters because parsing has become the price-sensitive layer beneath extraction and agent workflows, and teams increasingly want a cheaper default without swapping vendors when a document needs more careful handling. Extend was co-founded by CEO Kushal Byatnal and CTO Eli Badgio , came out of Y Combinator's Winter 2023 batch , and raised $17 million in seed and Series A funding led by Innovation Endeavors earlier this year. LightParse is live in production and available to try on real documents today.