What does Hyperbots do?
Hyperbots delivers an agentic AI platform that enhances finance and accounting functions by enabling proprietary AI agents to process structured and unstructured data. These agents handle tasks such as invoice processing, reconciliation, accrual management, tax validation, payment term checking, and recommending GL codes for ERP systems with minimal human intervention.
How much did they raise?
The company raised $6.5M in a Series A funding round led by Arkam Ventures and Athera Venture Partners, with participation from JSW Ventures, Kalaari Capital, Sunicon Ventures, and Darashaw & Company.
What are their plans for the money?
With this funding, Hyperbots plans to accelerate its expansion in the U.S. market and invest in developing new AI co-pilots, including the launch of HyperLM, which could significantly transform finance and accounting operations.
What have they achieved so far?
Hyperbots is on track to serve over 100 U.S. clients this year across diverse sectors such as healthcare, media, manufacturing, retail, EV infrastructure, construction, oil and gas, pharma, and real estate.