# Instabase

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/instabase

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.instabase.com
- Total disclosed funding: $277M
- Latest round: Series D (Jan 17, 2025)
- Investors on record: 11

## About

Instabase, Inc. is a US-based company specializing in an AI-native unstructured data platform that converts complex data into actionable insights for diverse industries.Founded in 2015 and headquartered in San Francisco, US, Instabase, Inc. provides an AI-driven platform focused on managing unstructured data. The company was established by Anant Bhardwaj, who also serves as CEO. Instabase has completed 7 funding deals, with the latest being a Series D round in January 2025, raising USD 100.00 mn led by Qatar Investment Authority alongside notable investors such as Andreessen Horowitz and Greylock Partners. The total amount raised by the company stands at USD 100.00 mn, with a current valuation of USD 1,261.50 mn.Instabase offers an AI-native unstructured data platform designed to transform unstructured data into actionable insights across industries like healthcare, financial services, insurance, and the public sector. Their key product, the Instabase AI Hub, streamlines document processing workflows, allowing users to automate tasks, analyze documents, and extract information from formats such as PDFs, images, and spreadsheets. The platform features advanced content understanding and agentic reasoning, assisting users in solving complex, multi-step problems while ensuring security and compliance. Instabase's client roster includes organizations such as Rocket Mortgage, primarily targeting enterprise-level clients in North America and beyond.Instabase operates on a subscription-based revenue model, providing clients access to its suite of AI-driven services. This model allows enterprises to subscribe to the Instabase AI Hub, enhancing their document processing and data analysis capabilities. While specific pricing plans are not publicly disclosed, the services are tailored to meet the operational needs of enterprises leveraging AI for increased productivity and effectiveness.In January 2025, Instabase, Inc. secured USD 100 million in Series D funding to further develop its platform. The funding will be used to enhance the automation, analysis, and search capabilities of the Instabase AI Hub, which focuses on managing unstructured data. As part of its growth strategy, Instabase is expected to design and launch new products tailored to industry needs, with a focus on expanding into additional markets beyond its current presence in North America. The investment aims to bolster the company's position and support its objectives in addressing the evolving demands of data management.

## Funding rounds

- Series D, Jan 17, 2025, $100M — Index Ventures, New Enterprise Associates, Greylock Partners, Andreessen Horowitz, Qatar Investment Authority
- Series C, Jun 6, 2023, $45M — New Enterprise Associates, Greylock Partners, Spark Capital, Andreessen Horowitz, Tribe Capital, SC Ventures, K5 Global
- Series B, Oct 21, 2019, $105M — Index Ventures, New Enterprise Associates, Greylock Partners, Spark Capital, Andreessen Horowitz, Glynn Capital, Tribe Capital, SC Ventures
- Series A, May 10, 2017, $23M — New Enterprise Associates, Greylock Partners, Andreessen Horowitz
- Seed, Aug 18, 2015, $3.8M — New Enterprise Associates, Greylock Partners
- Seed, Jun 8, 2015, $0M — Rough Draft Ventures

## Investors

- Rough Draft Ventures (https://capitalatlas.ai/funds/rough-draft-ventures) — Seed
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed, Series A, Series B, Series C, Series D
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed, Series A, Series B, Series C, Series D
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C, Series D
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series B, Series D
- Spark Capital — Series B, Series C
- Glynn Capital (https://capitalatlas.ai/funds/glynn-capital) — Series B
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series B, Series C
- SC Ventures — Series B, Series C
- K5 Global (https://capitalatlas.ai/funds/k5-global) — Series C
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series D