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Hyperbots, an AI platform for finance and accounting, has raised $6.5 million in its Series A funding round led by Arkam Ventures and Athera Venture Partners. JSW Ventures, Kalaari Ventures, Sunicon Ventures, and Darashaw & Company have also participated.
Prior to the current Series A round, Hyperbots secured $2 million in seed funding in August 2024, led by Kalaari Capital, with participation from Sunicon Ventures and Athera Venture Partners.
The proceeds will be used to accelerate U.S. market expansion and the launch of HyperLM, a large language model tailored for finance and accounting data.
Founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots automates finance workflows for mid-market enterprises using AI-native co-pilots. The platform addresses key finance functions such as procure-to-pay, order-to-cash, expense management, and reporting, integrating with widely used ERP, CRM, and finance systems.
Hyperbots reports 80% straight-through processing for finance documents and 99.8% accuracy in data structuring, reducing manual intervention across finance workflows by up to 80%.
It serves clients in sectors including healthcare, media, manufacturing, retail, and real estate. Hyperbots is on track to acquire over 100 clients this fiscal year.
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