Nanonets
AI-powered document extraction for growing businesses
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.
| Pricing from | USD 99 per month |
| Best for | Small to mid-market businesses and startups needing affordable document extraction without coding |
| Website | nanonets.com |
Company facts
| Founded | 2017 |
| Employees | 51 to 200 |
| Social profiles | LinkedIn, X |
Facilities and features
- 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
Strengths and trade-offs
- Very affordable pricing and quick onboarding suitable for resource-constrained teams
- Web-based UI requires no technical skills or coding to set up custom document processing
- Lower processing throughput than enterprise-grade platforms; not ideal for millions of documents monthly
- Fewer advanced features like complex workflow orchestration or large-scale validation
Appears in
Best AI claims processing tools
1
Docsumo98.02
CloudRaker92.03
Unstract.com →90.0RANKINGfull ranking →AI TOOLSTop 10 AI Document Processing Tools
1
UiPath Document Understanding95.02
Hyperscience92.73
Adobe Document Services90.3RANKINGfull ranking →How Nanonets ranks
#5 in Best AI claims processing tools
How the score is made up: Evidence on its own site 20; How complete its published information is 16; Fit to this ranking's criteria 40; 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
Alternatives to Nanonets
| Docsumo One platform to classify, extract and route documents | #1 in Best AI claims processing tools | 98.0 |
| CloudRaker The agentic paperwork stack | #2 in Best AI claims processing tools | 92.0 |
| Unstract.com → Agentic AI document workflow automation | #3 in Best AI claims processing tools | 90.0 |
 Five SigmaAI-native claims management solutions | #4 in Best AI claims processing tools | 84.0 |
 RightIndemAI-powered digital claims Technology that delivers | #6 in Best AI claims processing tools | 84.0 |
 OakieThe most transparent claim automation platform | #7 in Best AI claims processing tools | 78.0 |
Questions about Nanonets
How much does Nanonets cost?
Lister lists Nanonets's pricing as: USD 99 per month.
Who is Nanonets best for?
Nanonets is best for small to mid-market businesses and startups needing affordable document extraction without coding.
Where does Nanonets rank?
Nanonets is ranked #5 in Best AI claims processing tools (Lister Score 84.0) and #8 in Top 10 AI Document Processing Tools (Lister Score 78.7).
What are the best alternatives to Nanonets?
The closest alternatives on Lister are Docsumo (#1 in Best AI claims processing tools), CloudRaker (#2 in Best AI claims processing tools) and Unstract.com → (#3 in Best AI claims processing tools).
When was Nanonets founded?
Nanonets was founded in 2017.
Is this your company?
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