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Nanonets
Nanonets is an AI-driven platform that automates document processing and data extraction workflows, helping businesses streamline operations and eliminate manual tasks. Using advanced Optical…
Nanonets
Nanonets is an AI-driven platform that automates document processing and data extraction workflows, helping businesses streamline operations and eliminate manual tasks. Using advanced Optical…
TL;DR
Product: AI-driven OCR and deep-learning document/data-extraction platform with no-code workflows and developer APIs
Use cases: Accounts payable, order processing, insurance underwriting, receipts, purchase orders, contracts, claims, forms
Recent funding: Series B $29M led by Accel (announced March 12, 2024)
Customers: Trusted by 35% of Fortune 500; notable users include Deloitte, EY, Roche, Sherwin Williams
Company Overview
Problem Domain
Document-heavy business processes and back-office workflow automation (e.g., AP automation, order processing, insurance underwriting).
Industry
Software Development
Funding Track Record
$29M
Round included participation from existing investors including Elevation Capital and Y Combinator.
Investor Signal
“Accel led Series B; participation from Elevation Capital and Y Combinator”
