HuLoop Automation, a leader in radically fast and affordable AI-based intelligent automation, announced its Series A funding round closing. Even though the specific terms aren’t being announced publicly, the round was led by Mighty Capital, with significant participation from Moneta Ventures.
This funding marks a notable milestone for HuLoop as it accelerates its mission to simplify automation and empower businesses in key underserved segments like banks, credit unions, collections, and retail enterprises. And the funding will advance the expansion of its team, enhance its unified automation platform, and drive customer growth and expansion.
HuLoop defines its Unified Automation Platform as a single and integrated solution that combines multiple automation technologies such as robotic process automation (RPA), workflow orchestration, intelligent document processing, and testing—into a cohesive system. This platform enables organizations to streamline complex business processes, reduce manual effort, and drive efficiency across the enterprise while ensuring human-in-the-loop oversight to balance automation with human judgment. The company has grown rapidly over the past two years, serving over 60 customers, primarily in the financial services and commerce sectors.
The funding will be primarily focused on helping HuLoop accelerate product innovation, invest in customer success, and expand its market reach, helping customers’ companies unlock their productivity potential.
KEY QUOTES:
“At HuLoop, we are committed to transforming key industries by making intelligent automation radically simple, fast, and affordable for businesses of all sizes. This latest round positions HuLoop to achieve even faster growth, faster innovation, and greater benefits for our customers.”
“I’d like to thank Mighty Capital, Moneta Ventures, our Founding Stakeholders, and all our investors for their belief and confidence in HuLoop. Your financial and strategic support is going to help us deliver innovative automation solutions that drive more success for our clients.”
– Todd P. Michaud, CEO of HuLoop Automation
“HuLoop’s innovative approach, which blends cutting-edge AI with human-in-the-loop processes, represents the future of intelligent automation. Mighty Capital invests in companies with exceptional products because we believe the best product wins, and HuLoop is no exception.”
“Our members are very focused on vertical AI solutions, particularly those centered on shaping the future-of-work and we believe that HuLoop is well-positioned to fill this market need.”
– SC Moatti, Founder and Managing Partner at Mighty Capital; who also founded Products That Count, a large global network of product managers
“HuLoop’s success in the community banking sector reflects a pragmatic, cost-effective approach to technology adoption for productivity gains. By combining automation with human intelligence, their human-in-the-loop process streamlines mundane tasks, allowing staff to focus on more critical customer interactions.”
– Charles Potts, executive vice president and chief innovation officer for the Independent Community Bankers of America
