Nanonets Raises $29M in Series B to Revolutionize AI Workflow Automation
Company Background:
Nanonets is an AI workflow automation startup that provides no-code, AI-powered automation software products to large businesses. The company focuses on finance functions like accounts payable and reconciliation. Over the past two years, Nanonets has seen significant growth, with over 34% of Global Fortune 500 companies using its platform. The user base has increased fourfold in the last 12 months.
Nanonets is an AI workflow automation startup that provides no-code, AI-powered automation software products to large businesses. The company focuses on finance functions like accounts payable and reconciliation. Over the past two years, Nanonets has seen significant growth, with over 34% of Global Fortune 500 companies using its platform. The user base has increased fourfold in the last 12 months.
Business Model & Funding Summary:
- Industry: AI, Software, SaaS
- Business Model: B2B, SaaS
- Year: 2024
- Amount Raised: $29 million
- Stage: Series B
Pitch Deck Used:
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