Hyperbots, an AI company specializing in Finance and Accounting, has secured $2 million in seed funding led by Kalaari Capital, with participation from Sunicon Ventures and Athera Venture Partners. The funding will support the expansion of Hyperbots’ go-to-market strategy and the development of its proprietary AI models.
In just a year, Hyperbots has collaborated with over 25 CFOs to create AI Assistants that automate 80% of manual, analytical, and strategic tasks in finance processes like Procure-To-Pay and Expense Management. Targeting mid-market firms in the U.S., Hyperbots was founded in 2023 by industry veterans Rajeev Pathak, Niyati Chhaya, and Ram Jayaraman, who bring extensive experience in AI and SaaS business.