Instabase, a San Francisco, CA-based provider of an applied artificial intelligence (AI) solution for unstructured data, raised $100M in Series D funding.
The round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures.
The company intends to use the funds to further enhance the automation, analysis, and search capabilities of its platform, AI Hub, to serve its customers.
Led by CEO and Founder Anant Bhardwaj, Instabase is a provider of an AI-powered unstructured data management platform that enables organizations to generate value from their data, including unstructured content, at scale. By combining low-code development with advanced AI, the company allows enterprises to automate complex workflows, empowers users with conversational AI agents, and drives insights through enterprise search. It integrates intelligence into systems and processes, all while adhering to the highest privacy and security standards with federated deployment.
Insurance companies, governments, and enterprises use it to automate their business processes end-to-end.
FinSMEs
20/01/2025