Instabase is a private company building in applied ai / business process automation software, founded in 2015. Investors last valued the company at $2B. No public ticker exists for the company.
2 valuations. The latest, $2B post-money, was set by the Series C in Jun 2023.
Qatar Investment AuthorityLEAD
Index VenturesLEAD
Andreessen HorowitzLEAD
Greylock PartnersLEAD
New Enterprise AssociatesLEAD
Spark CapitalTTribe CapitalSSC Ventures
Glynn Capital
Qatar Investment Authority
Index Ventures
Andreessen Horowitz
Greylock PartnersInstabase is a San Francisco-based technology company that provides an applied AI platform used by large banks and insurance companies to automate document-heavy business processes such as invoice processing, lending, KYC and client onboarding. It was founded in 2015 by Anant Bhardwaj, then a PhD student at MIT, with early backing from Greylock Partners and New Enterprise Associates.
Its AI Hub, launched in 2023, added large language models including OpenAI's GPT-4, and its customers include NatWest, Rocket Mortgage and AXA. Instabase offers a consumption-based pricing model so that customers pay only for what they use.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Instabase.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Instabase availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Instabase included.
The last valuation is $2B.
Lead investors for each round are in the funding timeline.
The closest applied ai / business process automation software peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.