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NanoNets (YC W17) — Automatic data extraction

AI agents break where it matters most: when the details are buried in an invoice, a BoL, or a clinical document. Most agents guess.

NanoNets is a Y Combinator company in the Winter 2017 batch. Its directory entry describes it as: Automatic Data Extraction. The founder listed is Sarthak Jain (Founder/CEO) (Y Combinator directory entry, November 10, 2016).

6 more companies from YC Winter 2017 ↓

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NanoNets

New accelerator entry · 2016-11-10 · the record

Winter 2017
batch
102
people
Growth
stage
United States of America
region
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What the record says

BatchWinter 2017
Announced2016-11-10
StageGrowth
StatusActive
Team size102
IndustryB2B
Sub-industryB2B -> Productivity
SectorsDeveloper Tools, SaaS, B2B, AI
RegionsUnited States of America, America / Canada, Remote, Partly Remote
BasedSan Francisco, CA, USA
HiringYes
Sitehttps://nanonets.com
Previously known asDeep Belief Networks

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Also in YC Winter 2017

Same batch, B2B first.

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In their words

AI agents break where it matters most: when the details are buried in an invoice, a BoL, or a clinical document. Most agents guess. They hallucinate field values, apply rules inconsistently, and when something goes wrong, you can’t tell why or fix it without redoing the work yourself. Nanonets is built differently. Every extraction is traceable. You can see exactly what the agent read, what rule it applied, and why it made the call it did. When it’s uncertain, it flags the right thing for human review instead of silently getting it wrong. When you correct it, it learns. When you add business rules, it tracks which rule drove which decision. Anyone can build agentic workflows, but AI agents are black boxes that struggle with complex files and processes, like POs, invoices, BoLs and clinical documents. Nanonets agents understand key details in files, work through complex processes and act with transparency, making them the most reliable foundation for building workflows where details matter. Nanonets reduces processing time by 95% by automating messy manual processes and delivering clean data to systems of record like SAP, SFDC and more. That’s why Nanonets is the automation layer global enterprises reach for when accuracy is non-negotiable.

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What the Full Report on NanoNets covers

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  2. Which Company This Is

  3. What They Do, And How The Money Works

  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

  7. Warning Bells

  8. Sources

    1 cited source found

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Sourced from the company's Y Combinator directory entry.

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NanoNets: Accepted into Y Combinator Winter 2017
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Permanent URL: https://mentionfox.com/funding/yc-nanonets
Last updated 2026-10-20
Primary record: Y Combinator directory entry
NanoNets (YC W17) — Automatic data extraction. MentionFox, 2026-10-20. https://mentionfox.com/funding/yc-nanonets