Bluecopa Raises $1.8 Million in Funding
Bluecopa Raises $1.8 Million in Funding
Bluecopa Raises $1.8 Million in Funding
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Hyderabad-based Bluecopa, an AI-powered finance operations automation startup, has raised $1.8 million in a pre-Series A funding round led by Blume Ventures, Dallas Venture Capital, and Venture Catalysts. The startup aims to use this capital to expand its market reach, enhance AI capabilities, and improve product development, targeting industries such as e-commerce, financial services, travel, logistics, and gaming. Co-founded in 2021 by experienced industry professionals, Bluecopa's platform leverages AI and data analytics to streamline financial processes for CFOs. Meanwhile, AltiusHub, a supply chain visibility software provider, raised $2.25 million in a seed round led by Endiya Partners, focusing on enhancing safety within the pharmaceutical supply chain by preventing counterfeit medicines. The funding will support the expansion of AltiusHub's engineering team and bolster its product offerings. Additionally, data intelligence platform e6data secured $10 million in a Series A funding round led by Accel to further its research and development efforts.

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