Box

Box evolved from cloud storage to intelligent content management, now competing directly in document processing with AI-powered extraction and workflow automation capabilities.

Overview

Box has transformed from a file-sharing service into an AI-powered intelligent content management platform that directly competes with traditional IDP vendors. Founded in 2005, the company pivoted significantly in 2024 with its acquisition of Alphamoon, laying the foundation for advanced document processing capabilities.

In January 2026, Box launched Box Extract, an AI-powered document extraction agent that converts unstructured content into structured metadata using multiple LLM providers including Anthropic Claude, Google Gemini, and OpenAI GPT. The platform includes OCR capabilities for scanned PDFs and handwritten notes and enables plain-language instructions for creating extraction rules without technical expertise.

CEO Aaron Levie positions AI agents as "the future of enterprise AI," comparing their potential impact to the API revolution. CTO Ben Kus emphasizes a tactical approach, focusing on "practical set of hard problems" rather than broad AI capabilities.

Box's strategy targets contract lifecycle management, invoice processing, and document-heavy workflows in legal, financial, and insurance sectors. The company reported Q2 2026 revenue of $294 million with 9% growth, validating its AI-driven transformation. Strategic partnerships include TCS for enterprise digital transformation and Microsoft 365 Copilot integration for seamless content access across Teams, Word, and PowerPoint.

Key Features

• Box Extract: AI-powered document extraction with multi-LLM support (Anthropic, Google, OpenAI)
• OCR Processing: Scanned PDFs, images, and handwritten text recognition
• Box Automate: Visual no-code workflow builder with API connectivity
• Box Shield Pro: AI Data Classification Agent for automatic content protection
• Multi-vendor AI Models: Support for Amazon, Anthropic, Google, IBM, Meta, OpenAI, xAI
• Plain-language Extraction: Create document processing rules without technical expertise
• Enterprise Integrations: 1,500+ app connections including Microsoft, Salesforce, ServiceNow
• Developer Platform: APIs with LangChain, LlamaIndex, Pinecone, Weaviate support

Use Cases

Contract Lifecycle Management

Organizations leverage Box Extract for CLM workflows, automatically extracting metadata and relevant information from contracts to create structure from unstructured legal documents. AI agents identify key terms, dates, obligations, and clauses while maintaining enterprise-grade security and compliance controls.

Invoice and Financial Document Processing

Box's OCR and extraction capabilities process invoices, receipts, and financial documents with semantic field relationship recognition. Integration with ERP systems enables automated accounts payable workflows while maintaining audit trails and approval routing based on extracted data values.

Enterprise Content Intelligence

Box Apps with AI-powered dashboards support natural language queries across document repositories. Organizations gain insights from unstructured content through automated classification, metadata extraction, and dynamic data visualizations without moving content from secure Box environments.

Technical Specifications

Resources

• Company Website
• Box AI Platform

900 Jefferson Ave

94063 Redwood City, United States

Web: https://www.box.com

Email: ir@box.com

Tel: +44 808 189 0504