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Affinda, a Melbourne-based Ai company specialising in intelligent document processing, has been named the fastest-growing Ai company in Australia. The accolade was part of the Deloitte Tech Fast 50 Awards, which recognise the nation’s top technology firms based on revenue growth over the past three years.
The company ranked 26th overall in the program, which highlights businesses driving innovation and achieving notable growth in the technology sector.
Transforming Document Processing
Founded by Melbourne brothers Ben and Tim Toner, Affinda aims to reshape how businesses handle documents. Its platform uses Ai-powered tools to automate document processes, offering increased productivity and efficiency for large organisations worldwide.
Tim Toner, Founder and Chief Executive Officer, expressed pride in the recognition. “Being included in the Deloitte Tech Fast 50 is a testament to the hard work of our team and the trust our customers place in our technology,” he said.
Ben Toner, Founder and Chief Scientist, emphasised the company’s focus on enhancing human capabilities rather than replacing them. “We’re building Ai to empower people, not to take their place,” he said. “Our technology allows clients to process thousands of documents in a fraction of the time it used to take, while still keeping human oversight at the core.”
A Growing Global Presence
Affinda’s document processing platform combines proprietary document reconstruction technology with advanced computer vision, natural language processing, and deep learning algorithms. These tools are used across industries such as financial and legal services.
The company now serves more than 1,500 customers in over 75 countries. Its team is spread across Asia Pacific, North America, and Europe, with headquarters in Melbourne.
“Our success lies in solving real business problems with innovative technology,” said Ben Toner. “We are proud to support businesses in achieving significant productivity gains while maintaining quality and oversight.”
About Deloitte Tech Fast 50
The Deloitte Tech Fast 50 program has been a cornerstone of the Aussie technology landscape for decades, highlighting companies that demonstrate rapid revenue growth. It is a benchmark for innovation, leadership, and success in the sector.
For Affinda, this recognition marks a significant milestone in its journey as it continues to expand its global footprint and enhance its offerings. The company remains focused on developing tools that streamline workflows and help organisations adapt to a rapidly evolving business environment.
For more information, visit Affinda’s website.
Last Updated on November 22, 2024 by Nick Ross
