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Nanonets
Trusted by 35% of Fortune 500 companies, Nanonets is an AI-driven solution that automates document processing and data extraction workflows. Leveraging advanced Optical Character Recognition (OCR)…
Nanonets
Trusted by 35% of Fortune 500 companies, Nanonets is an AI-driven solution that automates document processing and data extraction workflows. Leveraging advanced Optical Character Recognition (OCR)…
TL;DR
Core product: AI-driven document processing and workflow automation using OCR and deep learning
Founded: circa 2017
Headquarters: San Francisco, CA
Recent funding: Series B $29M led by Accel (announced March 2024)
Customers: Used by enterprises including multiple Fortune 500 companies
Company Overview
Problem Domain
Document processing and workflow automation for enterprise back-office functions (accounts payable, order processing, insurance underwriting, claims).
Founded
2017
Industry
Software Development
Funding Track Record
$10M
$29M
Series B included participation from existing investors including Elevation Capital and Y Combinator
Investor Signal
“Accel led the Series B; other investors include Elevation Capital and Y Combinator”
