Hyperbots raised $2 million in a seed round led by Kalaari Capital for expanding its go-to-market strategy and product development.

Aug 06, 2024•about 1 year ago

Amount Raised

$2 Million

Round Type

seed

DoverFintechMachine LearningArtificial IntelligenceSoftware

Investors

Athera Venture PartnersSunicon VenturesKalaari Capital

Description

Hyperbots, an AI startup focused on finance and accounting, has successfully raised $2 million in a seed funding round. The funds will be utilized to enhance their product development and market strategy, including the creation of proprietary generative AI models.

Company Information

Company

Hyperbots

Location

Dover, Delaware, United States

About

Hyperbots is a finance and accounting-focused artificial intelligence startup founded in 2023 by Rajeev Pathak, Niyati Chhaya, and Ram Jayaraman. The company provides end-to-end AI-powered tools for functions such as Accounts Payable and Receivable and Expense Processing. Hyperbots aims to enhance financial management efficiency by significantly reducing processing times and improving data accuracy. Their proprietary generative AI models are designed to automate manual processes and improve decision-making in finance and accounting.

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