Instabase

company

About

Instabase provides a broad technology platform, and an app store for businesses applications.

Details

Last Funding Type
Seed
Last Funding Money Raised
$3.75M
Industries
Business Information Systems,Cloud Computing,Developer Platform,Software
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Instabase, Inc.

Instabase is a platform for businesses to build customizable apps for automating different parts of their business. For example, a bank can quickly build an app that can automatically verify customer income in a fraction of a second by combing through documents such as camera pictures or scans of pay stubs, tax documents, bank statements, and other similar documents submitted by the customer. The platform comes equipped with the tools for reading documents, data extraction and classification, natural language processing, and optical character recognition. It is designed to enable creators, developers, and organizations to quickly build complex business applications based on their needs.

Instabase also offers an app store, a growing marketplace of pre-packaged business apps for different industries, such as Income Verification, Adverse Media Analysis, Identity Verification, Trade Finance, Contract Analysis, and Financial Spreading.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$131.97M
Instabase has raised a total of $131.97M in funding over 2 rounds. Their latest funding was raised on Oct 21, 2019 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 21, 2019 Series B $105M 8 Index Ventures Detail
Jun 14, 2017 Series A $23.20M 4 Andreessen Horowitz Detail
Aug 31, 2015 Seed $3.75M 2 Greylock
New Enterprise Associates
Detail
Jun 8, 2015 Seed $20K 1 Detail

Investments

Number of Investments
Number of Lead Investments
10
0
Instabase has made 10 investments. Their most recent investment was on Mar 1, 2022, when CryptoTaxCalculator raised $4M.
Date Company Name
Round Money Raised Industry Lead Investor
Seed $4M Blockchain
Dec 17, 2019 Alchemy
Series A $15M Blockchain
Apr 30, 2018 ClearBrain
Seed $2M Advertising
Mar 29, 2018 6D.ai
Seed Apps
Jan 3, 2018 LovePop
Series A $12.50M Gift Card

Investors

Number of Lead Investors
Number of Investors
4
10
Instabase is funded by 10 investors. Index Ventures and Andreessen Horowitz are the most recent investors.
Investor Name Lead Investor Funding Round
Index Ventures Yes Series B
Andreessen Horowitz Series B
Glynn Capital Management Series B
Greylock Series B
New Enterprise Associates Series B
SC Ventures Series B
Spark Capital Series B
Tribe Capital Series B
Evolution VC Partners Series A
Rough Draft Ventures Seed

Employee Profiles

Number of Employee Profiles
15
Instabase has 15 current employee profiles, including Employee Arjun Sethi
Employee
Executive
Board member
Executive
Employee

Acquisition

Instabase has acquired 1 organizations. Their most recent acquisition was Cloudstitch on Oct 30, 2017. They acquired Cloudstitch for 0.

Date Company Name
Industry Acquisition Type Price
Oct 30, 2017 Cloudstitch
Software Engineering acquisition Detail