Full-Time

Product Manager

Nanonets

Nanonets

201-500 employees

AI-driven OCR-based document processing platform

No salary listed

Bengaluru, Karnataka, India

In Person

Category
Product (1)
Required Skills
Market Research
Product Management
Data Analysis
Requirements
  • 4+ years of experience, including experience working on user-facing SAAS products
  • At least 2+ years of hands-on experience in software engineering
  • Bachelor’s degree in Engineering or Technology preferable from a Tier 1 college
Responsibilities
  • Develop the product vision, strategy, and roadmap for Nanonets customers to fully deploy Nanonets to serve their partners and customers
  • Product Strategy: Collaborate with cross-functional teams to define and execute the product roadmap, considering market trends, competitive landscape, and customer feedback
  • Requirements Gathering: Conduct thorough market research and engage with stakeholders to identify user needs, pain points, and opportunities for product improvement
  • New Feature Development: Evaluate feature requests and prioritize them based on business value, technical feasibility, and customer impact
  • Product Development: Work closely with engineering teams throughout the development lifecycle, providing clear requirements, feedback, and guidance to ensure timely delivery of high-quality features
  • Product Launch: Coordinate product launches, including developing go-to-market strategies, creating marketing collateral, and conducting training sessions for internal teams and clients
  • Performance Analysis: Define key performance metrics and track product performance post-launch, leveraging data analytics to identify areas for optimization and iteration
Desired Qualifications
  • Background in Machine Learning not a requirement but a major plus

Nanonets provides an AI-driven platform for intelligent document processing that automates data extraction from unstructured documents to produce actionable insights. It uses Optical Character Recognition (OCR) and deep learning to extract information from a wide range of document types, and offers an API to integrate with existing business systems for seamless workflow automation. Compared with others, Nanonets combines high-accuracy AI-based extraction with flexible, usage-based pricing that scales from small businesses to large enterprises across finance, healthcare, and logistics. The company aims to help organizations automate document-heavy processes by turning unstructured data into structured, usable information.

Company Size

201-500

Company Stage

Series B

Total Funding

$40.5M

Headquarters

San Francisco, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Nanonets doubled revenue yearly, mainly from US finance automation.
  • Nanonets raised $29M Series B led by Accel in 2024.
  • 34% of Fortune 500 use Nanonets for workflow automation.

What critics are saying

  • Rossum erodes market share with superior OCR in 12-18 months.
  • OpenAI GPT-4o enables 95% accurate in-house extraction in 18-24 months.
  • Google Cloud Document AI v2 undercuts pricing for SMBs in 6-12 months.

What makes Nanonets unique

  • Nanonets uses template-free AI adapting to document variations with 10-15 samples.
  • Nanonets layers OCR, ML, NLP, and human-in-the-loop for contextual IDP.
  • Nanonets enables self-service ML models without machine learning expertise.

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Company Equity

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

3%
NanoNets
Aug 19th, 2024
Nanonets announces partnership with Sage

By integrating Nanonets' advanced AI capabilities with Sage Intacct's robust financial management platform, businesses will benefit from a seamless, automated solution for managing financial documents, reducing manual data entry, and enhancing overall productivity.

YourStory
Aug 2nd, 2024
Nanonets Secures $29M to Automate Tasks

Nanonets, an AI automation platform, secured $29 million in a Series B funding round led by Accel, with participation from Elevation Capital, Y Combinator, and others. The San Francisco and Bengaluru-based startup, founded by Sarthak Jain and Prathamesh Juvatkar, focuses on automating tedious tasks for finance, legal, and procurement teams. Despite increased competition, Nanonets has been doubling its revenue year-on-year, primarily from the US market, by automating finance processes like accounts payable and reconciliation.

NanoNets
Jun 13th, 2024
Best Reconciliation Software 2024

Nanonets has developed Nanonets Reconciliation AI tool just for you!

NanoNets
May 28th, 2024
Last Look: D365 Business Central vs. D365 Finance and Operations

For example, Nanonets integrates with Microsoft D365 to offer improved AP automation tools that build upon Microsoft's sturdy foundation.

intelligence360
Mar 21st, 2024
Nano Net Technologies Dba Nanonets Has Filed A Notice Of An Exempt Offering Of Securities To Raise $29,279,129.00 In New Equity Investment.

Nano Net Technologies dba Nanonets has filed a notice of an exempt offering of securities to raise $29,279,129.00 in New Equity Investment. Nano Net Technologies dba Nanonets has filed a notice of an exempt offering of securities to raise $29,279,129.00 in New Equity Investment.According to filings with the U.S. Securities and Exchange Commission, Nano Net Technologies dba Nanonets is raising up to $29,279,129.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Sarthak Jain played a key role in securing the recent investment.About Nano Net Technologies dba NanonetsNanonets 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