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About Instabase
Industries
Enterprise Software
Financial Services
Healthcare
Company Size
201-500
Company Stage
Series D
Total Funding
$269.5M
Headquarters
Bengaluru, India
Founded
2015
Overview
Instabase provides a platform that helps large enterprises manage and analyze complex data, particularly unstructured data like invoices and contracts. The platform includes configurable toolkits and building blocks that allow businesses to automate their data processing tasks. Clients can deploy the platform on-premises or in private cloud environments, making it adaptable to their needs. Instabase stands out from competitors by offering a high level of configurability and cognitive understanding, which enables users to quickly set up end-to-end solutions tailored to their specific requirements. The goal of Instabase is to enhance productivity and lower operational costs for its clients across various industries, including finance, healthcare, and insurance.
Simplify's Take
What believers are saying
- Growing demand for Intelligent Document Processing boosts Instabase's market potential.
- Recent $100M Series D funding strengthens Instabase's financial position for growth.
- Partnerships with major companies like AXA and Uber enhance Instabase's credibility.
What critics are saying
- Emerging AI startups could threaten Instabase's market share with innovative solutions.
- Rapid AI advancements require Instabase to continuously invest in R&D.
- Data privacy concerns in regions like the EU may impact Instabase's operations.
What makes Instabase unique
- Instabase offers a unique app store for customizable business automation applications.
- The platform excels in processing unstructured data with advanced AI capabilities.
- Instabase provides scalable deployments in private cloud environments for enterprise clients.
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Funding
Total Funding
$269.5M
Above
Industry Average
Funded Over
5 Rounds
Greylock Partners
Andreessen Horowitz
New Enterprise AssociatesIndustry standards
Benefits
Healthcare and Wellness - We marry the benefits of moving fast at a scaling startup with the stability of larger corporations. Instabase pays 100% of top tier employee medical, dental, vision plans and takes care of dependents. Instabase also offers an FSA company match.
Financial Planning - Instabase believes in investing in you and your future by providing a company 401(k) match and financial planning resources.
Family Planning - Every Instabaser is eligible for paid time off to care for their newborn or adopted child. We’ve also teamed up with Carrot Fertility to help support every Instabaser on their family forming journey.
Paid Time Off - At Instabase, we believe in providing employees the ability to rest, reflect, and recharge through unlimited paid time off and holidays.
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -1%2 year growth
↓ -4%Instabase, a leading applied artificial intelligence (AI) solution for unstructured data, today announced its $100 Million Series D. This latest round
Instabase, a leader in applied artificial intelligence (AI) for unstructured data, has raised $100 million in its Series D funding round.
Companies like AXA, Uber, and Natwest are partnering with Instabase as they go through AI transformations.
Instabase, a company that creates software for extracting processing unstructured data from myriad document types, has raised $100 million in a Series D round of funding.
Instabase announces Junie Dinda as new Chief Marketing Officer.
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About Instabase
Industries
Enterprise Software
Financial Services
Healthcare
Company Size
201-500
Company Stage
Series D
Total Funding
$269.5M
Headquarters
Bengaluru, India
Founded
2015
Instabase is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today