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Instabase: The low-code platform for building enterprise workflows from unstructured data

Using AI to mimic and understand human language

Natural Language Processing Tools

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    A deep dive into Instabase's financials, product, and market opportunities...
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        It is estimated that Instabase reached annual recurring revenue (ARR) of USD 46 million in 2023, up 10% YoY, serving about 45 enterprise customers using its low-code app across banking, insurance, and healthcare industries.
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        Instabase found a product-market fit using optical character recognition (OCR) and its machine learning language model to support banks converting stacks of bank statements, IDs, and documents into structured data and build workflows for credit and KYC checks. Within two years, Instabase had a handful of customers paying USD 2,000 monthly.
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