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Searchdoc's VELOAT Named CES 2027 Innovation Awards® Honoree in Enterprise Tech

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Searchdoc's VELOAT Named CES 2027 Innovation Awards® Honoree in Enterprise Tech
Business

Business

Searchdoc's VELOAT Named CES 2027 Innovation Awards® Honoree in Enterprise Tech

2026-11-13 21:00 Last Updated At:21:16

VELOAT connects documents, CAD drawings and BIM data to support construction and engineering reviews

Recognition follows North American market outreach at Autodesk University 2026 as Searchdoc expands internationally

SEOUL, South Korea, Nov. 13, 2026 /PRNewswire/ -- Searchdoc, an AI startup specializing in large-scale industrial data, today announced that VELOAT, its AI platform for integrated drawing and building information modeling (BIM) analysis, has been named a CES 2027 Innovation Awards® Honoree in the Enterprise Tech category.

VELOAT is an enterprise AI platform that connects and analyzes contracts, technical specifications, 2D computer-aided design (CAD) drawings and 3D BIM data for the Architecture, Engineering and Construction. The platform retrieves supporting evidence across different data formats and cross-checks documented requirements against actual designs to support review workflows.

Organized by the Consumer Technology Association (CTA)®, the CES Innovation Awards program evaluates products on engineering and functionality, design, and innovation. The Enterprise Tech category encompasses technologies that help businesses improve productivity and operational efficiency. Searchdoc is pursuing international growth with VELOAT, leveraging its AI-native technology to search and analyze complex industrial data, ensure data consistency, identify and resolve errors, and significantly improve operational productivity.

Construction teams must routinely review multiple documents and drawings and BIM to determine whether a design meets client requirements and regulatory obligations. Changes to contract terms or designs add another layer of complexity, requiring teams to revisit the latest requirements and assess their implications. VELOAT connects previously fragmented documentation and design information to support these recurring reviews.

VELOAT goes beyond summarizing documents or locating individual objects in drawings. It structures clauses and tables in contracts and specifications, then connects them with geometry and attribute data from drawings and BIM models to identify the requirements applicable to each design element. Users can ask questions in natural language to retrieve relevant information and review potential conflicts or omissions between requirements and designs.

Traceability is central to VELOAT. The platform links review findings to source documents and specific clauses, enabling users to verify AI-generated responses and use the evidence to inform subsequent decisions. It also compares the meaning and impact of document revisions and helps draft review checklists and reports, connecting information retrieval with the preparation of review deliverables.

VELOAT consolidates fragmented enterprise data into a unified knowledge base, enabling organizations to capture and preserve institutional know-how and tacit knowledge accumulated through engineering decisions and project workflows. This knowledge can then be searched, shared, and reused across teams and future projects, enhancing organizational efficiency and productivity.

Searchdoc offers deployment options for VELOAT tailored to each customer's security and operational requirements. Alongside cloud-based services, these include dedicated customer environments and on-premises deployments, with configurations that accommodate organizational access controls and data export policies.

The company is already supplying its solution to major South Korean construction companies. In September, Searchdoc demonstrated its integrated document and drawing analysis technology at Autodesk University (AU) 2026 in Las Vegas. It also discussed potential U.S. proof-of-concept (PoC) projects with construction and manufacturing companies, building a foundation for its North American business.

Building on its experience in Architecture, engineering and Construction, Searchdoc plans to expand VELOAT's applications into other industries that work with complex technical documentation and design information, including semiconductors, manufacturing and shipbuilding. Its longer-term technology roadmap extends beyond review and reporting toward design automation.

"AI for industrial work must do more than produce plausible answers. It must find the evidence people need to make decisions across complex documents and designs," said Joonsun Baek, CEO of Searchdoc. "Building on the global demand we saw at AU and this recognition, we will further develop our technology for understanding documents, CAD drawings and BIM data together, while expanding collaboration with customers worldwide"

About Searchdoc

Founded in March 2025 by engineers with experience at AWS, NAVER and Samsung, Searchdoc is an AI startup specializing in search and analysis of large-scale industrial data. Its domain intelligence platform connects fragmented enterprise information—including contracts, technical specifications, drawings and BIM data—into a unified workflow. By structuring clauses, tables, drawing objects and their cross-references, while tracking industry-specific terminology and revision histories, Searchdoc delivers AI-powered search with verifiable supporting evidence.

In January 2026, Searchdoc raised $750,000 in seed funding from Asia2G and FuturePlay. It subsequently secured an additional around $3M through the Korea Credit Guarantee Fund's innovative startup growth support program, bringing its total funding and financing to approximately around $4M. Starting with the engineering, procurement and construction (EPC) sector, Searchdoc has signed commercial contracts with large enterprises and is delivering its services, with plans to expand into retail, financial services and pharmaceuticals. For more information, visit https://searchdoc.ai/.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Searchdoc's VELOAT Named CES 2027 Innovation Awards® Honoree in Enterprise Tech

Searchdoc's VELOAT Named CES 2027 Innovation Awards® Honoree in Enterprise Tech

SINGAPORE, Nov. 13, 2026 /PRNewswire/ -- For the fourth consecutive year, Philippine fintech leader GCash is returning to the Singapore Fintech Festival (SFF) 2026 following its historic $966-million (₱60.9-billion) initial public offering (IPO).

Now a publicly listed company, GCash parent Mynt brings the Philippine fintech industry's growth story to the global stage, demonstrating how homegrown innovation can expand financial inclusion and make financial services more accessible to millions of Filipinos.

For GCash, this reflects how a technology designed around people's everyday needs can help transform the financial landscape in the Philippines and even abroad.

Key leaders of the Philippines' leading finance super app will join panel sessions, sharing insights and experiences that have shaped the growth of GCash and the broader Philippine fintech landscape. Participating leaders include Tony Isidro, President and CEO of Fuse Financing, Inc., the lending arm of GCash, Winsley Bangit, the Head of New Businesses at Mynt, the parent company of GCash, and Michelle Fernandez, GCash Head of Corporate Sustainability and Communications.

Mynt's IPO, the biggest in Philippine corporate history, marks an important milestone for the country's capital market. It creates an opportunity for more Filipinos, including first-time investors, to participate in the growth of a homegrown tech company through the public markets.

"Digital financial access should not be a privilege reserved for a limited few. Technology can help make financial services more inclusive, accessible, relevant, and responsive to the realities of everyday Filipinos," Mynt President and CEO Martha Sazon shared.

Isidro, for his part, will speak at the Global SME Forum Roundtable where he will discuss how digital ecosystems can translate customer and transaction activity into accessible, scalable credit products

Bangit will also join a fireside chat with the Securities and Exchange Commission to discuss emerging trends in investing. The session will highlight how progressive regulation, meaningful industry collaboration, and fintech innovation are unlocking greater access to instruments like bonds, funds, and stocks for more Filipinos, making diverse investing more affordable while strengthening consumer protection.

Meanwhile, Fernandez will take part in the "Sustainability-Linked Finance for MSMEs" panel to discuss GCash initiatives that promote sustainable practices among MSMEs. One of these is Project Sirius MSME Scorecard, which makes sustainability reporting more straightforward, and helps MSMEs qualify for sustainability-linked financing.

GCash will showcase Filipino fintech innovations at its booth at the Singapore Expo Hall 2, featuring demonstrations of key app services and AI-powered technologies that enhance security, service and financial education.

SFF, the largest gathering of fintech players, will take place on November 18 to 20 at the Singapore Expo, with the theme "The Coming Rewiring of the Financial System: New Risks. New Rules. New Growth." The event will bring together leading fintech companies, investors, payment network operators, central banks, government representatives, and other industry stakeholders.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

From homegrown startup to biggest PH IPO: Mynt banners growth story at world's biggest fintech stage

From homegrown startup to biggest PH IPO: Mynt banners growth story at world's biggest fintech stage

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