Inveniam acquires Docugami, the document AI startup of XML pioneer Jean Paoli

Nov 12, 2026
The deal follows a summer partnership on DGML, an open format that makes business documents usable and checkable by AI agents.

Inveniam has acquired Docugami, the Kirkland, Washington, document AI startup founded by XML pioneer Jean Paoli, GeekWire reports. The deal follows a partnership this summer in which the two released DGML, Docugami's open-source format for turning business documents into data that AI agents can use and check.

DGML labels each piece of a document by what it is, such as a base rent, a loan payment or a liability cap, so a figure can be traced back to the page it came from. Inveniam records a digital fingerprint of each data point on its blockchain, NVNM Chain, so later changes show up. Inveniam executives said DGML solves a problem in onboarding clients, whose documents all differ.

"DGML stays open and its openness is strategic to Inveniam," Paoli wrote on LinkedIn. Paoli co-founded Docugami in 2018 after more than 20 years at Microsoft, where he helped create XML and the Office file formats. The startup raised a $10 million seed round in 2020 led by SignalFire. Terms were not disclosed in the report.

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