Tech Company Financing Transactions
Hyperbots Funding Round
Hyperbots closed a $2 million Seed venture capital round on 8/7/2024. Investors included Kalaari Capital and Athera Venture Partners.
Transaction Overview
Company Name
Announced On
8/7/2024
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Kalaari Capital (Lead Investor) (Sampath P)
Proceeds Purpose
The funding will fuel Hyperbots' go-to-market strategy and product development, focusing on the creation of proprietary generative AI models for finance and accounting.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
8 The Green R
Dover, DE 19901
USA
Dover, DE 19901
USA
Phone
Undisclosed
Website
Email Address
Overview
Hyperbots Inc., based in Dover, Delaware, specializes in AI solutions for finance. Founded in 2023 by Rajeev Pathak, Niyati Chhaya, and Ram Jayaraman, the company aims to simplify and automate complex financial tasks. Hyperbots offers end-to-end AI-powered tools for various functions, including Accounts Payable (AP), Accounts Receivable (AR), and Expense Processing. With expertise in Hyper Automation, Unstructured Data Processing, RPA, NLP, AI, ML, and Computer Vision, their solutions significantly reduce processing times and costs, enhance data accuracy, and improve overall financial management efficiency.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rajeev Pathak
Co-Founder
Niyati Chhaya
VP - Engineering
Ram Jayaraman
VP - Product Management
Deepak Pakhare
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We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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