Nanonets
AI-powered document extraction for growing businesses
Ranked #5 in Best AI claims processing tools.
Nanonets is a cloud-based OCR and document extraction platform allowing businesses to train custom models for any document type. It emphasises simplicity, offering a web interface for uploading documents and defining extraction rules without coding.
At a glance
| Price from | USD 99 per month |
| Best for | Small to mid-market businesses and startups needing affordable document extraction without coding |
From Nanonets's own website.
Company facts
| Founded | 2017 |
| Employees | 51 to 200 |
| Social profiles | LinkedIn, X |
Facilities and features
Its website also mentions:
- Published pricing
What stands out
The AI tool takes automation rates from typical levels to ninety-five percent.
“Nanonets takes you to 95%.”Nanonets, own website
The AI tool provides an auditable source of truth for every extracted rule.
“Every business rule is traceable to its source, giving AI agents a consistent,”Nanonets, own website
Worth knowing
The AI tool charges per block run which can increase costs for complex workflows.
“Total cost = number of runs × block price.”Nanonets, own website
How it ranks
Nanonets is ranked 5th of 10 in Best AI claims processing tools (Lister Score 84.0).
#5 in Best AI claims processing tools · Lister Score 84.0
Nanonets converts enterprise policies and systems into AI agents that automate complex business processes. Its proprietary context graph ensures these agents follow strict rules and learn from corrections.
Built for enterprise finance teams.
How the score is made up: fit to this ranking's criteria 40; evidence on its own site 20; how complete its published information is 16; buying information on its own site 8.
“Claims Processing / 0 6 Most claims never touch an adjuster CLM-88342 $3,410.00”Nanonets, own website
| Rank | Best AI claims processing tools | Score |
|---|---|---|
| 1 | Docsumo | 98.0 |
| 2 | CloudRaker | 92.0 |
| 3 | Unstract.com → | 90.0 |
| 4 | Five Sigma | 84.0 |
| 5 | Nanonets | 84.0 |
| 6 | RightIndem | 84.0 |
| 7 | Oakie | 78.0 |
| 8 | ScaleHub | 78.0 |
| 9 | Shift Technology | 76.0 |
| 10 | Newron | 72.0 |
Frequently asked questions
How does Nanonets rank on Lister?
Nanonets is ranked 5th of 10 in Best AI claims processing tools (Lister Score 84.0).