Finance automation startup Hyperbots has raised $6.5 million in a Series A funding round to grow its AI-powered co-pilots for finance operations. The funding was co-led by Arkam Ventures and Athera Venture Partners, with additional support from new investor JSW Ventures and returning backers Kalaari Capital, Sunicon Ventures, and Darashaw & Company.
Founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots builds agentic AI platforms to automate routine and time-consuming finance tasks. These include invoice processing, account reconciliation, tax validation, accrual management, and compliance checks. The startup is focused on helping mid-sized businesses in the U.S. automate their finance workflows and reduce manual work.
Solving Big Challenges
According to Hyperbots CEO Rajeev Pathak, the company’s AI co-pilots are designed to handle “heavy, error-prone tasks” with high accuracy. He said that their proprietary AI models and workflow engine allow finance teams to move towards “straight-through” processing with minimal human involvement. This shift not only saves time but also allows finance professionals to focus on more strategic and complex work.
Why This Funding Matter
Hyperbots plans to use the new capital to grow its business in the U.S. market and roll out its in-house large language model called HyperLM. This model is trained on massive amounts of finance and accounting data, which the company says will improve automation and deliver better results for clients. HyperLM is expected to set Hyperbots apart in the growing enterprise AI space.
The company claims its co-pilot tools now reach 99.8% accuracy in processing financial documents and can reduce manual effort by nearly 80%. This makes Hyperbots a powerful solution for businesses wanting to digitize and modernize their finance operations.
Strong Industry Integration
Hyperbots’ platform is built to integrate smoothly with existing ERP, CRM, and finance systems, helping businesses transition from outdated systems to modern, AI-supported processes. The startup already works with companies in healthcare, EV infrastructure, retail, real estate, and media sectors.
Hyperbots currently has around 55 team members, mostly engineers based in Bengaluru. The company aims to onboard over 100 customers in the current financial year. Investors have praised the startup’s progress, accuracy, and vision. Bala Srinivasa, Managing Director of Arkam Ventures, noted that Hyperbots’ young team combines deep AI expertise with strong customer focus, making them a standout in the AI automation space.
Looking Ahead
With a strong funding round, a cutting-edge AI product, and growing customer interest, Hyperbots is set to play a key role in transforming how finance departments function. As it expands into global markets and builds smarter automation tools, the startup is well on its way to becoming a major player in enterprise AI.
