Nanonets

Nanonets automates document processing and workflows, helping businesses save time and reduce costs with AI.

General Information
Company Name
Nanonets
Founded Year
2017
Location (Offices)
San Francisco, United States +2
Founders / Decision Makers
Number of Employees
219
Industries
AI, API, IT +1
Funding Stage
Series B
Social Media

Nanonets - Company Profile

Nanonets is a transformative startup with a clear mission - to revolutionize businesses using AI-powered document processing solutions. Founded in 2017 and based in the United States, Nanonets has quickly garnered attention and investment. In their most recent round, the company secured a significant $29.00M Series B investment on 12 March 2024 from prominent investors including Accel, Y Combinator, and Elevation Partners. The company's unique proposition lies in enabling self-service artificial intelligence by simplifying adoption. Nanonets empowers businesses to build machine learning models with minimal training data or knowledge of machine learning, while promising the delivery of the most accurate models under their slogan - "Always."

Taxonomy: AI-powered document processing, Machine learning models, Data extraction, Financial services sector, Automation platform, Self-service artificial intelligence, Data entry automation, Invoice processing, Receipt extraction, Purchase order automation, Efficiency enhancement, Cost-effective solutions, Unstructured data handling, Developer API, Minimal training data

Funding Rounds & Investors of Nanonets (4)

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Funding Stage Amount No. Investors Investors Date
Series B $29.00M 3 12 Mar 2024
Series A $10.00M 7 Krish Subramanian, Nakul Aggarwal +3 16 Feb 2022
Seed Round $1.38M - 01 Apr 2017
Seed Round $120.00K - 14 Jan 2017

Latest News of Nanonets

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No recent news or press coverage available for Nanonets.

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