Nanonets Raises $29 Million to Automate ‘Mundane Office Work’

Nanonets Raises $29 Million to Automate ‘Mundane Office Work’

accounts payable worker AI-based workflow automation platform Nanonets has raised $29 million in new funding.

The company’s Series B round, announced Tuesday (March 12), comes as roughly a third of Fortune 500 countries have used Nanonet’s artificial intelligence (AI)-based workflow automation for finance, accounting, operations and other uses.

“The internet was going to kill paper but businesses today are producing more documents than ever, just in new forms,” such as emails, PDF contracts and white papers, Sarthak Jain , the company’s co-founder and CEO, said in a news release.“There are millions of highly skilled professionals stuck looking for needles in haystacks […]

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