AI-native finance automation platform Hyperbots has raised $6.5 million in a Series A round co-led by Arkam Ventures and Athera Venture Partners.
Other investors in the round include JSW Ventures, Kalaari Ventures, Sunicon Ventures, and Darashaw & Company.
This takes Hyperbots’ total funding to $8.5 million, following a $2 million seed round in August 2024 led by Kalaari Capital.
The fresh capital will be used to expand Hyperbots’ footprint in the US, accelerate new AI co-pilot development, and launch HyperLM, a large language model tailored specifically for finance and accounting data.
The funds will also support deeper R&D and help build a comprehensive go-to-market (GTM) strategy.
Founded in 2023 by Rajeev Pathak, Niyati Chhaya, and Ram Jayaraman, Hyperbots has developed agentic AI assistants that automate critical finance functions like procure-to-pay, order-to-cash, expense management, and reporting.
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These tools integrate with widely used ERP, CRM, and finance systems, achieving 80% straight-through processing and 99.8% data structuring accuracy, reducing manual workload by up to 80%.
The Bengaluru-based startup currently serves over 100 clients across industries including healthcare, media, manufacturing, EV infrastructure, apparel, retail, construction, oil and gas, pharma, and real estate.
Hyperbots competes with players like OnFinance AI and is focused on transforming finance operations for mid-market enterprises through intelligent automation.
