# Nanonets

> Nanonets is a San Francisco-based AI company that turns messy, unstructured documents - invoices, receipts, contracts, claims - into clean, structured data that flows directly into systems like SAP and Salesforce. Founded in 2017 by Sarthak Jain and Prathamesh Juvatkar, the company builds OCR and deep-learning agents that automate the dull back-office work nobody wants to do.

- **Founded:** 2017
- **Headquarters:** San Francisco, United States
- **Founders:** Sarthak Jain (Co-founder & CEO), Prathamesh Juvatkar (Co-founder & CTO)
- **Team size:** ~130 employees
- **Products:** Intelligent Document Processing Platform, AI Agents for Back-Office Workflows, OCR APIs, Custom Model Training, Workflow Automation & Integrations
- **Notable:** Raised $42M total funding across seed, Series A, and Series B, Used by 34% of Global Fortune 500 companies, Reduces document processing time by up to 95%

## Products & services

- **Intelligent Document Processing Platform** — Cloud-based platform that uses OCR and deep learning to extract structured data from invoices, receipts, purchase orders, contracts, claims, and forms.
- **AI Agents for Back-Office Workflows** — Autonomous agents that handle accounts payable, claims processing, KYC, loan verification, and order processing end-to-end.
- **OCR APIs** — Pre-trained APIs for invoice OCR, receipt OCR, ID card OCR, passport OCR, bill of lading OCR, and purchase order OCR.
- **Custom Model Training** — No-code platform letting customers train their own OCR/document-extraction models on proprietary document types.
- **Workflow Automation & Integrations** — Pre-built connectors for SAP, Salesforce, QuickBooks, Microsoft Dynamics, and most major ERPs and accounting systems.

## Achievements

- Raised $42M total funding across seed, Series A, and Series B
- Used by 34% of Global Fortune 500 companies
- Reduces document processing time by up to 95%
- Y Combinator S17 alumnus
- Over 1,000 enterprise customers

## Latest updates

- **2024-03** — Closed $29M Series B led by Accel to build autonomous AI agents for enterprise workflows.
- **2024-08** — Featured by YourStory on driving efficiency through AI-driven data processing automation.
- **2022-04** — Raised $10M Series A to expand document processing AI.

## Links

- Website: https://nanonets.com
- LinkedIn: https://www.linkedin.com/company/nanonets
- Twitter/X: https://twitter.com/nanonets
- GitHub: https://github.com/NanoNets
- YouTube: https://www.youtube.com/@nanonets
- Facebook: https://facebook.com/nanonets

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Profile page: https://yespress.io/nanonets
Published by YesPress — https://yespress.io
Last updated: 2026-05-30