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Hyperbots

Series A

Hyperbots develops an agentic AI platform for finance and accounting that provides specialized AI co-pilots to automate and optimize core financial operations. The platform offers eight co-pilots covering invoice processing, accruals, procurement, payments, sales tax verification, vendor management, collections, and cash application. The Invoice Processing Co-Pilot achieves 80% straight-through processing, reducing…

FinTech · Finance & Accounting Tech, · Dover, United States · EST 2023

About

Hyperbots develops an agentic AI platform for finance and accounting that provides specialized AI co-pilots to automate and optimize core financial operations. The platform offers eight co-pilots covering invoice processing, accruals, procurement, payments, sales tax verification, vendor management, collections, and cash application. The Invoice Processing Co-Pilot achieves 80% straight-through processing, reducing invoice processing time from an industry average of 11 days to under one minute, with 99.8% accuracy in converting unstructured data to structured fields using a multimodal mixture-of-experts model integrating LLMs, VLMs, and layout models. The Collections Co-Pilot autonomously orchestrates the entire collections lifecycle with dynamic prioritization, dunning, follow-ups via email and phone, dispute detection, and promise-to-pay management, reducing DSO by 40% and cost to collect by 70%. The platform provides pre-built ERP integration connectors for NetSuite, SAP S/4HANA, Sage Intacct, Microsoft Dynamics 365 Business Central, Deltek Costpoint, Epicor, QuickBooks, and Coupa, with real-time bidirectional read-write sync, on-premise and cloud support, and company-specific ERP customization. Hyperbots employs inference-time learning using Auto ML pipelines with reinforcement learning for tasks like GL recommendation and cash outflow forecasting. The platform is designed by CFOs for CFOs, serving industries including manufacturing, retail, wholesale distribution, technology, telecommunications, and aerospace. Founded in 2023 and headquartered in Dover, Delaware, Hyperbots has raised approximately $14.5 million in Series A funding from investors including Kalaari Capital, Arkam Ventures, JSW Ventures, Sun Icon Ventures, Athera, and TSR Darashaw.

Business model

Banking Tech > Robotic Process Automation,

Finance & Accounting Tech > Accounting Solutions > Accounting Suite > Enterprises

Founders & team highlights

Serial Founder

Team background

College Wise > IIM Bangalore, BITS Pilani

Institutional investors

Kalaari CapitalSun Icon VenturesAtheraTSR DarashawArkam VenturesDarashawUnitaryJSW GroupJSW VenturesRishi Bhasin

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