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About Instabase
Industries
Enterprise Software
Financial Services
Healthcare
Company Size
201-500
Company Stage
Series D
Total Funding
$277M
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 differentiates itself from competitors by offering a high level of configurability and cognitive understanding, enabling users to create tailored solutions quickly. The company's goal is to enhance productivity and lower operational costs for enterprises across various industries, including finance, healthcare, and insurance, through its subscription-based service.
Simplify's Take
What believers are saying
- Instabase raised $100M in Series D to enhance unstructured data management.
- Partnerships with companies like İşbank showcase tailored solutions for financial services.
- Expansion into India offers growth opportunities in a rapidly digitizing economy.
What critics are saying
- Increased competition from AI startups could threaten Instabase's market share.
- Rapid AI advancements may require continuous R&D investment to stay competitive.
- Expansion into India may face regulatory and operational challenges impacting growth.
What makes Instabase unique
- Instabase offers a platform for building customizable apps for business automation.
- The platform includes tools for document reading, data extraction, and natural language processing.
- Instabase's app store provides pre-packaged business apps for various industries.
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Funding
Total Funding
$277M
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
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%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.
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.
Companies like AXA, Uber, and Natwest are partnering with Instabase as they go through AI transformations.
Instabase announces Junie Dinda as new Chief Marketing Officer.
Instabase is Hiring for 26 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Instabase
Industries
Enterprise Software
Financial Services
Healthcare
Company Size
201-500
Company Stage
Series D
Total Funding
$277M
Headquarters
Bengaluru, India
Founded
2015
Instabase is Hiring for 26 Jobs on Simplify!
Find jobs on Simplify and start your career today