Hyperbots, an AI platform for finance and accounting, has secured $6.5 million in its Series A funding round led by Arkam Ventures and Athera Venture Partners.
JSW Ventures, Kalaari Ventures, Sunicon Ventures, and Darashaw & Company have also participated.
Prior to the current Series A round, Hyperbots secured $2 million in seed funding in August 2024, led by Kalaari Capital, with participation from Sunicon Ventures and Athera Venture Partners.
The proceeds will be used to accelerate US market expansion and the launch of HyperLM, a large language model tailored for finance and accounting data.
Founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots automates finance workflows for mid-market enterprises using AI-native co-pilots. The platform addresses key finance functions such as procure-to-pay, order-to-cash, expense management, and reporting, integrating with widely used ERP, CRM, and finance systems.
On the fundraise, Rajeev Pathak, Co-founder and CEO, commented, “Securing this investment is far more than fresh capital—it is our springboard for a new era of finance-and-accounting transformation in the US mid-market. With our proprietary, domain-trained AI models and agentic workflow engine, we can finally automate the heavy, error-prone work that’s been holding finance teams back. This round gives us the resources to deepen our R&D, accelerate go-lives, and build a GTM ecosystem that will let every mid-market CFO run world-class F&A operations—at a fraction of today’s cost and effort.”
Hyperbots reports 80 per cent straight-through processing for finance documents and 99.8 per cent accuracy in data structuring, reducing manual intervention across finance workflows by up to 80 per cent.
It serves clients in sectors including healthcare, media, manufacturing, retail, and real estate. Hyperbots is on track to acquire over 100 clients this fiscal year.
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