Hyperbots Raises $6.5M to Expand AI Finance Automation in US
Hyperbots Raises $6.5M to Expand AI Finance Automation in US

Hyperbots Raises $6.5M to Expand AI Finance Automation in US

News summary

Hyperbots, a startup founded in 2023, has raised $6.5 million in a Series A funding round co-led by Arkam Ventures and Athera Venture Partners, with participation from JSW Ventures, Kalaari Ventures, Sunicon Ventures, and Darashaw & Company. The company specializes in agentic AI platforms that automate critical finance and accounting functions such as invoice processing, reconciliation, tax validation, and compliance checks, targeting mid-market enterprises primarily in the U.S. market. Hyperbots' AI-native co-pilots integrate with existing ERP, CRM, and finance systems, delivering up to 99.8% accuracy in document processing and reducing manual effort by as much as 80%. With the new funding, Hyperbots plans to accelerate its U.S. expansion and launch HyperLM, a proprietary large language model trained exclusively on finance and accounting data to enhance automation precision. The startup currently serves over 100 clients across diverse industries including healthcare, media, manufacturing, retail, and real estate. Hyperbots aims to transform finance operations by automating error-prone tasks through its proprietary AI models and agentic workflow engine, positioning itself as a leader in enterprise finance AI solutions.

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