Hyperbots, an agentic AI platform for finance and accounting, announced that it has raised a $6.5 million Series A round co-led by Arkam Ventures and Athera Venture Partners. This funding round also saw participation from new investor JSW Ventures and existing investors, Kalaari Capital, Sunicon Ventures, and Darashaw & Company Sunicon Ventures, and Darashaw & Company.
What Hyperbots does: Hyperbots focuses on transforming finance operations for mid-market enterprises.
Launched in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots automates finance workflows across procure-to-pay, order-to-cash, expense management, analytics, and reporting. Each co-pilot is built in collaboration with CFOs. The team worked with 25+ design partners in the U.S. over 18 months before launching its MVP. And the co-pilots integrate with leading ERP, CRM, and finance systems.
Since launching, Hyperbots has delivered over 80% straight-through processing, 99.8% document accuracy, and reduced manual intervention by up to 80%, driving faster cycle times and lower costs.
Hyperbots is on track to serve 100+ U.S. clients this year across sectors including healthcare, media, manufacturing, retail, EV infrastructure, construction, oil and gas, pharma, and real estate.
What the funding will be used for: The funds will accelerate U.S. go-to-market efforts and the development of new AI co-pilots, including the launch of HyperLM, the industry’s first large language model trained exclusively on finance and accounting data.
KEY QUOTES:
“We are entering a new era of finance-and-accounting transformation in the U.S. 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.”
Rajeev Pathak, Co-founder & CEO, Hyperbots
“We were impressed by the accuracy and product breadth of the Hyperbots’ agentic AI suite for such a young company. We are excited to back the Hyperbots team that combines deep AI expertise with a relentless focus on customer value and satisfaction.”
Bala Srinivasa, Managing Director, Arkam Ventures
