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Nanonets logo — Nanonets automates document processing and workflows, helpin...

Nanonets

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

Founded 2017 United States San Francisco, United States 219 employees Series B Total: $40.50M AI, API +2

General Information

Company Name Nanonets
Founded Year 2017
Location United States San Francisco, United States
Employees 219
Industries AI, API, IT +1
Funding Stage Series B
Social

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About Nanonets

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 (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $29.00M 2
Y Combinator Elevation Partners
Y Combinator, Elevation Partners
12 Mar 2024
Series A $10.00M 7
Y Combinator Elevation Partners
Y Combinator, Elevation Partners +5
16 Feb 2022
Seed Round $1.38M -
01 Apr 2017
Seed Round $120.00K -
14 Jan 2017

Nanonets Alternatives & Competitors

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Nanonets vs
Mindee
Mindee France

Build lightning-fast, accurate, and robust document processing automation features in your software

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Nanonets vs
Agolo
Agolo United States

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Nanonets vs
Beaver
Beaver Brazil

Intelligent document processing, helping clients gain speed and efficiency.

Venture round
28 employees
AI, B2B
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FAQ About Nanonets

Nanonets automates document processing and workflows, helping businesses save time and reduce costs with AI.
Nanonets was founded in 2017.
Nanonets is headquartered in San Francisco, United States.
Nanonets operates in AI, API, IT and Machine Learning. Its work centres on AI-powered document processing, Machine learning models, Data extraction and Financial services sector.
Nanonets has approximately 219 employees.
Nanonets has completed 4 funding rounds, raising a total of $40.50M. The latest funding stage is Series B.
Top alternatives and competitors to Nanonets include Mindee, Agolo, Beaver, Infrrd, Handl.ai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nanonets and Mindee are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nanonets, https://bouncewatch.com/company/nanonets, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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