Instabase offers an Automation Platform for Unstructured Data that utilizes deep learning to transform unstructured data into structured data, enabling enterprises to automate complex business processes. The platform leverages state-of-the-art deep learning models to extract and understand information from documents, images, and other file formats across various languages. Instabase's technology addresses challenges like signature extraction from patent applications, as demonstrated through its pilot with the US Patent and Trademark Office (USPTO) in October 2022. The platform allows cross-correlation to identify variations in names and signatures, alleviating manual analysis and enabling automation of document processing. Instabase caters to industries such as finance, insurance, and government agencies, helping automate processes like client onboarding and mortgage processing. Some of its notable customers include NatWest, Standard Chartered, and AXA.
Key customers and partnerships
In December 2022, Instabase announced the general availability of its Automation Platform for Unstructured Data in AWS Marketplace, providing customers with streamlined access to its AI capabilities and automation platform.
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