Funding Round attributes
Instabase, a leading AI-powered unstructured data management platform, has announced a successful $100 million Series D funding round. This round was led by the Qatar Investment Authority (QIA), with contributions from Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures. The funds will be directed towards advancing Instabase’s AI platform, enhancing its ability to automate and analyze complex unstructured data. The platform has already seen significant adoption across sectors such as financial services, healthcare, tech, and government. Notable customers include AXA, Uber, and Natwest. CEO Anant Bhardwaj emphasized the importance of data management in unlocking AI capabilities.