About Nanonets
Nanonets is a company based in San Francisco (United States) founded in 2017 by Sarthak Jain and Prathamesh Juvatkar. Nanonets has raised $40.9 million across 4 funding rounds from investors including Accel, Y Combinator and Elevation Capital. Nanonets offers products and services including Document Processing Platform, Workflow Automation Tool, and AI Agent Platform. Nanonets operates in a competitive market with competitors including Box, Elastic, Primer, Radius and Cohere, among others.
- Headquarter San Francisco, United States
- Founders Sarthak Jain, Prathamesh Juvatkar
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Nanonets Web Services Private Limited
- Date of Incorporation 27 Feb, 2017
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$72.71 (USD)0as on Mar 31, 2018
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Net Profit
-$437.29 (USD)0as on Mar 31, 2018
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EBITDA
-$510 (USD)0as on Mar 31, 2018
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Total Equity Funding
$40.9 M (USD)
in 4 rounds
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Latest Funding Round
$29.28 M (USD), Series B
Mar 12, 2024
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Investors
Accel
& 8 more
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Employee Count
Not available
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Products & Services of Nanonets
Nanonets offers a comprehensive portfolio of products and services, including Document Processing Platform, Workflow Automation Tool, and AI Agent Platform.
Automates data extraction from various documents for business use.
Streamlines complex processes like AP and reconciliation.
Enables no-code automation for data review and integration.
People of Nanonets
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Funding Insights of Nanonets
Nanonets has successfully raised a total of $40.9M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $29.28 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Nanonets
Nanonets has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Y Combinator and Elevation Capital.
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Elevation Capital is focused on early-stage tech investments in India.
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Accel is recognized as a leading venture capital firm.
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Investor details for Nanonets
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Investments & Acquisitions by Nanonets
Investment portfolio details for Nanonets
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Financial Statements - Nanonets
Detailed financials for Nanonets
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Nanonets Comparisons
Peer comparison for Nanonets
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Competitors of Nanonets
Nanonets operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, Elastic, Primer, Radius and Cohere, among others.
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AI-based platform for secure collaboration and content management is utilized.
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Cloud based text analytics platform
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AI based text summarization and contextualization software tool
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Predictive marketing and sales platform
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Text data analytics platform powered by AI for enterprises.
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Market data is analyzed by AI to generate consumer insights.
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Detailed competitors of Nanonets
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Latest news on Nanonets
Complete news archive for Nanonets
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Frequently Asked Questions about Nanonets
Nanonets was founded in 2017.
Nanonets is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Sarthak Jain is the current CEO of Nanonets. They have also founded this company.
Nanonets is a funded company, having raised a total of $40.9M across 4 funding rounds to date.
Annual revenue of Nanonets is $72.71 as on Mar 31, 2018.
Provider of an AI-powered platform for document processing and workflow automation. The platform offers data capture from various document types and automates document and email workflows, AP automation, and financial reconciliation. It provides solutions for finance, accounting, supply chain, operations, HR, customer support, and legal functions across industries like banking, finance, insurance, healthcare, logistics, and commercial real estate. The platform automates complex business processes with AI, extracting information from unstructured data and integrating with various systems.
Nanonets offers Document Processing Platform, Workflow Automation Tool, and AI Agent Platform.
Nanonets has 9 investors. Key investors include Accel, Y Combinator, Elevation Capital, Soma Capital, and SV Angel.