What Does Nanonets Do?

    Learn about what Nanonets does, their services, and key information.

    What Does Nanonets Do?

    Name: Nanonets

    Headquarters: San Francisco, California, United States

    Employees: 51-200

    Nanonets is an AI-driven platform that automates document processing and data extraction workflows for businesses. Nanonets leverages advanced Optical Character Recognition (OCR) and deep learning models to help companies turn unstructured documents into structured data, streamlining business processes that traditionally require substantial manual effort.

    How does Nanonets work?

    Nanonets specializes in automating the extraction of information from a wide range of documents, such as invoices, receipts, purchase orders, contracts, claims, and forms. The platform integrates with existing business systems via APIs, enabling seamless automation of document-heavy workflows like accounts payable, order processing, and insurance underwriting. By reducing manual data entry by up to 90%, Nanonets delivers faster processing times, industry-leading accuracy, and cost savings of up to 50%.

    What makes Nanonets unique?

    Nanonets stands out for its ability to handle unstructured documents at scale, offering a highly customizable and intuitive platform suitable for both small businesses and large enterprises. Its deep learning models and flexible API integrations allow organizations to automate complex, document-centric processes with minimal manual intervention.

    Who uses Nanonets?

    Nanonets is trusted by a broad spectrum of organizations, including 35% of Fortune 500 companies. Key customers span industries such as consulting, insurance, manufacturing, and finance. Notable clients include Deloitte, EY, Roche, Sherwin Williams, Divvy, Asian Paints, Ascend, Reliance General Insurance, VFS Global, and CKE Restaurants. The platform is also used by companies like DeliveryHero, Veralia, Innovation, PMKuwait, Topgolf Callaway, PayGround, ProPartners Wealth, SaltPay, Tapi, ACM, and Expatrio.

    Who founded Nanonets?

    Nanonets' founding team brings diverse experience from roles in product management, finance, systems, and operations at companies such as Asian Paints, Ascend Properties, PayGround, ProPartners Wealth, SaltPay, Tapi, ACM, and Expatrio. This background informs their focus on automating and optimizing document processing across industries. You can learn more about their team and company background on their About page.

    Where is Nanonets based and what is their scale?

    Nanonets is a privately held company headquartered in San Francisco, California, United States, with a team size of 51-200 employees. Their solutions scale from small businesses to enterprise-grade document automation needs.

    Use PromptLoop to Uncover Company Data

    Looking for more company insights like this? PromptLoop helps you go deeper, providing unique data points and analysis on companies like Nanonets and many others. Automate your research and find the information that matters most. Discover how PromptLoop can accelerate your market intelligence. Get A Free Demo to learn more.