Tech Company Financing Transactions

Nanonets Funding Round

Nanonets, based in San Francisco, received $29 million from Accel Partners, Elevation Capital and private investors.

Transaction Overview

Company Name
Announced On
3/12/2024
Transaction Type
Venture Equity
Amount
$29,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to expand operations and development efforts.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2261 Market Street #4010
San Francisco, CA 94114
USA
Email Address
Overview
Developer of a machine learning-based API designed to assist developers in building a machine learning model without requiring to have experience in the related field. The company's API provides developers with machine learning models like OCR, object detection, image classification, segmentation, tagging, similarity, that requires input in the form of some basic training models and a couple of lines of code, enabling clients to leverage machine learning models to improve productivity and business as a whole without using complicated databases.
Profile
Nanonets LinkedIn Company Profile
Social Media
Nanonets Company Twitter Account
Company News
Nanonets News
Facebook
Nanonets on Facebook
YouTube
Nanonets on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sarthak Jain
  Sarthak Jain LinkedIn Profile  Sarthak Jain Twitter Account  Sarthak Jain News  Sarthak Jain on Facebook
Chief Technical Officer
Prathamesh Juvatkar
  Prathamesh Juvatkar LinkedIn Profile  Prathamesh Juvatkar Twitter Account  Prathamesh Juvatkar News  Prathamesh Juvatkar on Facebook


 

 

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