Nanonets Review 2026

8.2
/10
Sarah Chen
Sarah Chen
Updated March 2026 · 12 min read
Verdict

Nanonets — Powerful when trained on your specific document formats. Requires investment in model training but delivers high accuracy for consistent document types.

✓Best for: Teams with consistent document formats willing to train models
✗Not for: Teams processing many different vendor formats
💰Starting at: $499/mo

Score Breakdown

Accuracy
8.5
Ease of Use
7.8
Pricing
7.0
Integrations
8.5
Versatility
8.5
Support
8.0

Overview

Nanonets is a document processing tool that specializes in extracting structured data from documents. ML-powered OCR with custom model training. Strong on receipts and structured documents with consistent formats.

In our hands-on testing, we evaluated Nanonets across our standardized test set of 50 invoices, 20 receipts, 10 bills of lading, and 10 bank statements — covering both clean digital PDFs and challenging scanned documents.

Pros & Cons

Pros

  • ✓Custom model training
  • ✓Strong receipt extraction
  • ✓Good API documentation

Cons

  • ✗Requires training data
  • ✗Expensive at $499/mo
  • ✗Accuracy drops on new formats

Pricing

Nanonets starts at $499/mo. See our OCR Pricing Guide for a detailed comparison across all tools at different volume tiers.