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Hyperbots Secures $6.5M to Transform Finance Ops

  • Hyperbots, a Bengaluru-based AI platform for finance, raises $6.5 million in Series A funding led by Arkam Ventures and Athera Venture Partners.
  • The investment aims to expand Hyperbots' market presence in the US and enhance its AI capabilities, including launching the HyperLM language model.
  • Existing investors like Kalaari Ventures and new investors such as JSW Ventures participated in the funding round.
  • Hyperbots plans to automate finance processes, reducing human involvement by 80%, and currently serves over 100 clients across various industries.
  • Founded in 2023, Hyperbots is keen on using the funds to bolster R&D and create a strong go-to-market strategy.

Source: Inc42

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7mo ago
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