Instabase
Instabase sells AI-powered document workflow automation software to large enterprises, primarily banks and insurers. It has raised $292M, most recently in a Series D in January 2025, and employs 146 people.
The growth story
Instabase grew from 376 to 146 employees between 2022 and 2026, raising $292M along the way, most recently a Series D in January 2025.
About
Instabase provides software that extracts and structures data from complex documents like contracts and forms, then applies AI to automate business processes. Its customers are large financial and insurance firms with compliance-heavy paperwork needs.
The company has raised $292M from investors including Andreessen Horowitz and Greylock. Its headcount of 146 suggests steady scaling since its 2015 founding, with engineering making up 60 of those roles.
Founders and leadership
Engineering dominates with 60 staff, reflecting the technical demands of its AI document processing platform. Leadership likely skews technical given the MIT and Stanford alumni presence.
The Instabase org chart
Anant Bhardwaj (Founder & CEO) leads 34 mapped leaders with 1 direct report. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 64 (-35% YoY), Operations 13 (-24% YoY), Customer Success and Support 9 (-10% YoY), Information Technology 8 (-33% YoY), Human Resources 7 (-46% YoY), Sales 6 (-75% YoY).
Talent flow
Employees come heavily from enterprise tech like Oracle (5) and Google (4), with many moving to AI startups like OpenAI (9) and Anthropic (5). Median tenure is 2 years, typical for high-demand AI talent.
Most common previous employers of Instabase staff: Oracle (5), Google (4), Nutanix (4), Deloitte (3), Salesforce (3), PayPal (3). Former Instabase employees most often moved to OpenAI (9), Google (7), Atlassian (5), Anthropic (5), Fireworks AI (5), Amplitude (5).
Alumni worth knowing
The Instabase mafia
14 alumni founded companies, including Pine (90 staff) and Ash by Slingshot AI (47 staff), showing strong entrepreneurial spillover from Instabase's technical team.
15Justin Herlick, was Product Manager until 2021Daniel Reid Cahn, was Machine Learning Engineer until 2021Mohit Chawla, was Software Engineer until 2022Varun Jain, was Product Lead - Conversational AI until 2024Upendra Varma, was Technical Lead until 2024Phil Vella, was Senior Vice President of Sales and Strategy until 2023
Funda Ozge Sahin, was Group Lead, Product Marketing & GTM Enablement | Applied AI Platform until 2023
Michael Clark, was Founding Account Executive until 2025
Chetan Mishra, was AppX Tech Lead (Full Stack) until 2021
Deepanshu Rohilla, was Software Engineer until 2023
Barry Sowerwine, was Chief Revenue Officer until 2020
Avi Vaid, was Product Leader until 2024
Julien Boubel, was Sales Director until 2018
Varun Rao, was Manager, TAM until 2023
Dale Deloy, was Senior Sales Engineer until 2024Web traffic
Traffic mix: 34% direct, 58% search, 4% social, 0% paid.
What this company is made of
Most common skills at Instabase: Python (Programming Language) (59), SQL (45), Project Management (44), Microsoft Office (42), Linux (41), JavaScript (39), C++ (38), Java (38).
Where the team actually sits
Instabase people are concentrated in Karnataka, India (34), California, United States (16), San Francisco Bay Area (7), Maharashtra, India (5). 3 offices on record.
Search footprint
Instabase attracts about 1,340 organic search visits a month, traffic worth roughly $1K a month if bought through ads. It gained 50 ranking keywords and lost 47 in the last period.
What employees say
- Compensation
- 3.30 / 5
- Career opportunities
- 2.90 / 5
- Senior management
- 2.60 / 5
- Work-life balance
- 3.10 / 5
Frequently asked
Instabase has 146 employees as of September 2026.
Instabase has raised $292M in total, most recently a Series D round in January 2025.
Instabase was founded in 2015 by Anant Bhardwaj.
Anant Bhardwaj (Founder & CEO) sits at the top of Instabase's reporting structure, with 1 direct report.
The most common previous employers of current Instabase staff are Oracle (5 people), Google (4 people), Nutanix (4 people).
Former Instabase employees most often move to OpenAI (9), Google (7), Atlassian (5).
At least 14 companies have a founder who previously worked at Instabase, including Pine, Ash by Slingshot AI, eventual.
Instabase attracts about 1,340 organic search visits a month, worth roughly $1K a month in equivalent ad spend.
The most common skills among Instabase staff are Python (Programming Language), SQL, Project Management, Microsoft Office, Linux.
Instabase staff are concentrated in Karnataka, India (34), California, United States (16), San Francisco Bay Area (7).
Instabase has about 64 people in Engineering, down 35% over the past year, as of September 2026.
Instabase has about 13 people in Operations, down 24% over the past year, as of September 2026.
Computed from 123 current and 291 former Instabase profiles, as of September 2026. Source: Crustdata.
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