
Bengaluru and
US-based startup Hyperbots has raised $6.5 million in a Series A funding round
to accelerate its development of AI-powered co-pilots for finance and
accounting. The round was co-led by Arkam Ventures and Athera Venture Partners,
with participation from new investor JSW Ventures and existing investors
Kalaari Capital, Sunicon Ventures, and Darashaw & Company. These
capabilities are aimed at reducing manual workloads and enhancing operational
accuracy for mid-market enterprises, particularly in the U.S. market. “We are
transforming finance operations and freeing human bandwidth for doing
higher-order tasks,” said Rajeev Pathak, cofounder and CEO of Hyperbots." 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," Pathak said.
He noted that the startup's tools are designed to
achieve "straight-through" processing with minimal human input. Hyperbots
will use the raised capital to support expansion in the U.S. and the launch of
HyperLM, a proprietary large language model (LLM) pre-trained on vast amounts
of finance and accounting data. The startup claims HyperLM will enable more
precise automation across complex finance workflows, helping it distinguish
itself in a growing field of enterprise AI providers. Hyperbots said its
co-pilots currently deliver 99.8% accuracy in document processing and can cut
down manual effort by as much as 80%. The platform integrates with existing
enterprise resource planning (ERP), customer relationship management (CRM), and
finance systems, helping clients modernise legacy operations. The startup
serves customers across healthcare, media, electric vehicle infrastructure,
retail, and real estate industries. Notably, Hyperbots, which employs around 55
people—most of them engineers in Bengaluru—is on track to onboard over 100
customers this fiscal year." 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," said Bala Srinivasa,
managing director, Arkam Ventures.
ABOUT HYPERBOTS
Hyperbots has
been founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak.
Hyperbots builds agentic AI platforms that automate routine yet critical
finance functions. Its tools handle tasks ranging from invoice processing and
reconciliation to accrual management, tax validation, and compliance checks. These
capabilities are aimed at reducing manual workloads and enhancing operational
accuracy for mid-market enterprises, particularly in the U.S. market.