Peslac

Peslac is an AI-powered intelligent document processing platform founded in 2023 that transforms complex documents into structured data. Operating primarily in Kenya and Nigeria, the company specializes in automating data extraction and structuring for insurance claims, financial reports, and document management workflows. With advanced OCR technology supporting 200+ languages and a 97% accuracy rate, Peslac eliminates tedious manual work and enables companies to process documents at unprecedented speeds.

The platform addresses critical challenges in document-dependent industries, particularly insurance and financial services. Peslac’s solution includes automated data extraction from handwritten text and tabulated data, workflow automation for approvals and routing, real-time work status tracking, and smart fraud detection capabilities using machine learning algorithms. The company has successfully onboarded two insurance companies, one bank, two microfinance institutions, and two fintechs, processing documents that would traditionally require hours of manual labor in just minutes.

Backed by 54 Collective, Peslac has raised over $150,000 in equity and $300,000 in debt financing. Co-founded by CEO Jibril Kala and Hakina Madey, the startup offers customized pricing with a free trial for processing 1,000 document pages. The platform seamlessly integrates with existing CRM and ERP systems, providing interactive dashboards for data-driven decision making while expanding its footprint across the African continent with plans for South Africa and broader regional coverage.