Hyperbots
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…
Funding snapshot
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
Latest coverage
No articles yet.
Similar startups
PagarBook
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
Vertice
AI-powered platform for modern finance and procurement teams. It offers features such as intake-to-procure, SaaS purchasing, and risk management.
1Kosmos
Block-chain-based passwordless authentication for customers. The products offered by the company include BlockID Verify, Workforce, and customer.
Concordium
Operator is a developer of an on-demand commerce platform that uses a network of human operators to fulfill customer requests for products through a text-based messaging interface.