Nanonets is an artificial intelligence (AI) company that provides a platform for automating business processes through machine learning (ML) and computer vision (CV). The company's technology is focused on optical character recognition (OCR) and document processing, enabling businesses to automate tasks such as invoice processing, receipt scanning, and document verification.

Nanonets

Nanonets enables self-service artificial intelligence by simplifying adoption. Easily build machine learning models with minimal training data or knowledge of machine learning. 

At Nanonets, we serve up the most accurate models. Always. 

Y Combinator

Mainspring Capital Partners

FundersClub

Soma Capital

Sound Ventures

Lynett Capital

Avalon Ventures

Asha Jadeja

Elevation Capital

Amar Goel

Ashish Gupta

Ashton Kutcher

Gautam Kumar

Krish Subramanian

Nakul Aggarwal

Ritesh Arora

Varakumar Namburu

🚀 Exciting News! 🚀

We're thrilled to announce that Nanonets has raised $29 million in a Series B funding round led by Accel, with continued support from existing investors Elevation Capital and Y Combinator. 

Nanonets is transforming the way businesses handle repetitive and mundane office work with the use of autonomous AI agents to automate complex processes, resulting in significant time and cost savings. Visit https://nanonets.com/ to know more.

Our user base has quadrupled in the last 12 months, a testament to the impact we’ve delivered for our customers. 

We're grateful for the support from Accel, our existing investors, and our incredible team. Together, we're revolutionizing back-office operations with AI, bringing unparalleled efficiency to businesses worldwide. 

Read more about our journey and the impact of this funding round in this blog post by Sarthak Jain, CEO and Co-Founder of Nanonets: https://lnkd.in/gPpK_zTb 

Prathamesh Juvatkar Abhinav Chaturvedi Mukul Arora Akarsh Shrivastava 

Accel in India #Nanonets #SeriesBFunding #WorkflowAutomation #GenAI

Workflow automation platform Nanonets raises $29 million led by Accel

The AI-based platform aims to use the funds for #research and development to improve its algorithms, as well as for scaling its #marketing and sales efforts.

📌Nanonets raised $29 million in funding to enhance its AI workflow automation system’s accuracy and facilitate team expansion.

📌"There are millions of highly skilled professionals stuck looking for needles in haystacks and entering this data from these documents into different software. Nanonets uses cutting-edge AI to automate these different processes. We are taking the most repetitive and mundane office work and automating it,” said Sarthak Jain, CEO and co-founder of Nanonets.

⭐️ Read more on MPost: https://lnkd.in/dwXxKaFv

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