ExB Group

About ExB Group

Based in Munich, Germany, ExB Group operates as a specialized developer of a document processing platform focused on automated data extraction and workflow automation. Founded in 2000 by Dr. Ramin Assadollahi and Nicola Pizzoni, the firm leverages artificial intelligence to address the increasing complexity and volume of business documents. Dr. Assadollahi, who serves as CEO, brings a deep background in computer linguistics, neuroscience, and Natural Language Processing (NLP), and is noted as one of the inventors of the "Next-Word Prediction" technology now common in mobile devices.

The company's core offering is an Intelligent Document Processing (IDP) platform, which is designed to interpret and structure data from a wide array of documents, regardless of layout or quality—from pristine PDFs to scans with handwritten notes. This platform is particularly aimed at the logistics and freight forwarding industries, automating the processing of documents such as CMRs, waybills, commercial invoices, and packing lists. A key feature is its ability to perform cross-document validation, ensuring consistency of data points like weights and line items across an entire shipping case before the data is integrated into a client's systems.

ExB Group operates on a B2B model, providing its software as a service (SaaS) that integrates with existing Transportation Management Systems (TMS), Enterprise Resource Planning (ERP), and customs platforms. The technology is designed for rapid implementation, aiming to deliver value in days rather than months by avoiding the need for traditional template creation or extensive training. Revenue is generated by providing clients with this automated workflow, delivering verified, structured data in formats like JSON or Excel. The privately held company is backed by venture capital, with investors including ALSTIN Capital, Bayern Kapital, and Plug and Play Tech Center.