Instabase, a San Francisco, California-based applied AI company specializing in unstructured data management, has raised $100 million in Series D funding.
Investors
The round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures.
Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar. Established in 2005 to diversify the country's economy and strengthen its financial assets, QIA is headquartered in Doha, Qatar, and invests in various sectors, including retail, technology, and real estate.
Instabase Use of Funds
The company will use the funding to enhance the automation, analysis, and search capabilities of its unstructured data platform, AI Hub.
About Instabase
Instabase provides an AI-powered unstructured data management platform that enables organizations to unlock value from all their data, including unstructured content, at scale. Founded in 2015, the company offers solutions to help enterprises process, analyze, and utilize unstructured data—such as emails, PDFs, and multimedia files. Its technology is widely used in industries such as financial services, healthcare, government, and technology. Its notable customers include companies like AXA, Uber, and NatWest.
Funding Details
Company: Instabase, Inc.
Raised: $100.0M
Round: Series D
Funding Month: January 2025
Lead Investor: QIA
Additional Investors: Greylock Partners, NEA, Andreessen Horowitz, Index Ventures
Company Website: https://www.instabase.com
Software Category: AI Unstructured Data Management
Source: https://www.businesswire.com/news/home/20250117260417/en