Instabase Secures $100 Million in Series D Funding Led by QIA

Instabase, a pioneer in unstructured data management, has announced its $100 million Series D funding round led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures. The company, founded in 2015, plans to utilize the new capital to enhance the automation, analysis, and search capabilities of its unstructured data platform, AI Hub, catering to its customer base.

Instabase's platform seamlessly integrates into existing systems, enabling enterprises to create AI-powered processes that handle complex, unstructured data at scale. The company has experienced rapid customer growth, particularly in the financial services sector, and has gained traction in healthcare, tech, and government industries. Notable partners include AXA, Uber, and Natwest.

With a focus on solutions for distributed enterprises, Mohammed Al-Hardan, Head of TMT at QIA, highlighted the potential for new efficiencies across industries. Instabase's federated architecture has appealed to larger organizations seeking enterprise-grade security, with numerous major financial institutions, insurance companies, governments, and enterprises relying on the platform.

Instabase, headquartered in San Francisco, is recognized for its AI-powered unstructured data management platform, facilitating automation, conversational AI agents, and enterprise search while maintaining high privacy and security standards. The company's investors include QIA, Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures.

Discover more about Instabase funding here.