[8] Bhardwaj in the interview provided details on how the software platform powered by Artificial Intelligence is helping financial services enterprises such as large banks and insurance companies build customizable workflows for automating their critical business processes such as Invoice Processing, Lending, Know your customer (KYC), and Client Onboarding.

[6] In 2021, Instabase disclosed that its AI platform has fully migrated to using transformer based deep learning architecture under the hood, and announced the launch of several pre-trained base foundation models included as part of the platform, which could be used for understanding any content as part of building workflows for automating business processes.

[2][3][4][5][6] On August 31, 2015 The Wall Street Journal reported that Instabase had raised $3.75 million from Greylock Partners and New Enterprise Associates to build a cloud based hub for running data applications.

[1] On June 14, 2017, CNBC reported that Instabase raised a $23.2 million Series A led by Martin Casado of Andreessen Horowitz to build social network for data.

[7] On the same day, Instabase founder Anant Bhardwaj and Sarah Cannon (a partner at Index Ventures) appeared on Bloomberg TV to discuss the details of what the company does and who are its customers.