Instabase Stock
Low-Code Automation Platform
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About Instabase Stock
Instabase is a platform for businesses to build customizable apps for automating different parts of their business. For example, a bank can quickly build an app that can automatically verify customer income in a fraction of a second by combing through documents such as camera pictures or scans of pay stubs, tax documents, bank statements, and other similar documents submitted by the customer.
The platform comes equipped with the tools for reading documents, data extraction and classification, natural language processing, and optical character recognition. It is designed to enable creators, developers, and organizations to quickly build complex business applications based on their needs. Instabase also offers an app store, a growing marketplace of pre-packaged business apps for different industries, such as Income Verification, Adverse Media Analysis, Identity Verification, Trade Finance, Contract Analysis, and Financial Spreading.
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Index Ventures
Robinhood, Bird, Slack, Discord, Deliveroo, Pure Storage, ServiceTitan, Coalition, Cockroach Labs, Scale AI
New Enterprise Associates
Robinhood, Databricks, Jet, TAE Technologies, Scopely, Bloom Energy, Opendoor, Radiology Partners, DataRobot, Tempus
Spark Capital
Anduril Industries, Slack, Affirm, MessageBird, Discord, Rapyd, Plaid, Cybereason, Plume Design, Deel
Greylock Partners
AppDynamics, Airbnb, Nuro, Dropbox, Pure Storage, Cloudera, Convoy, Blend, Rubrik, Domo
Funding History
August 2015 | $3.8M |
---|---|
May 2017 | $22.6M |
July 2019 | $105M |
July 2022 | $10.0M |
July 2022 | $0 |
July 2022 | $15.2M |
July 2022 | $100.0M |
Management
Chief Executive Officer
Anant Bhardwaj
Chief Revenue Officer
Nathaniel Crook
Press
martechseries - Jan, 27 2024
Feedonomics Announces Integration with TikTok Shopffnews - Dec, 24 2023
Leveraging GPT in Insurance Automationgreylock - Dec, 24 2023
Greylock Edgefintech - Oct, 2 2023
Resistant AI and Instabase join forces for enhanced fraud detectionbetakit - Jun, 13 2023
S|W: The SaaS Weekly – Instabase notches $2 billion valuation on the back of AI