intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Agentic AI platform for finance & accounting, Hyperbots, raises $6.5M Series A co-led by Arkam and Athera Ventures

Agentic AI platform for finance & accounting, Hyperbots, raises $6.5M Series A co-led by Arkam and Athera Ventures

May 23, 2025 Craig Etkin

Funds will accelerate U.S. expansion, new co-pilot development, and help launch industry-first LLM – “HyperLM” – pre-trained with millions of data points & reasons for finance and accounting.

DOVER, Del., May 13, 2025 /PRNewswire/ — Hyperbots, the agentic AI platform for finance and accounting, announced today that it has raised a $6.5 million Series A round co-led by Arkam Ventures and Athera Venture Partners. The round also saw participation from new investor JSW Ventures and existing investors, Kalaari Capital, Sunicon Ventures, and Darashaw & Company Sunicon Ventures, and Darashaw & Company.

Hyperbots focuses on transforming finance operations for mid-market enterprises. 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.

Founded 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. The co-pilots integrate with leading ERP, CRM, and finance systems.

Since launch, 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 & gas, pharma, and real estate.

Rajeev Pathak, Co-founder & CEO, Hyperbots said, “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.”

Bala Srinivasa, Managing Director, Arkam Ventures, said, “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.”

About Hyperbots

Hyperbots transform F&A functions using proprietary AI agents that can read structured and unstructured data, process invoices, match and reconcile them, manage accruals, validate taxes, check payment terms, and recommend GL codes for ERP posting with zero to minimal human intervention. Multiple specialized AI co-pilots operate on top of a finance-specific foundational architecture that enables superior intelligence in an F&A context (language, vision, reasoning, interpretation, recommendation, prediction, redaction, exception handling etc.)

Visit: https://www.hyperbots.com/

Photo – https://mma.prnewswire.com/media/2684801/Co_Founders_Hyperbots.jpg
Logo – https://mma.prnewswire.com/media/2684800/Hyperbots_Logo.jpg

SOURCE Hyperbots

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, Delaware, Dover, Hyperbots, PRNewswire, Venture Capital

Post navigation

NEXT
GlobalFoundries to spend $2.3 Million to occupy 18,364 square feet of space in Austin Texas.
PREVIOUS
Somite AI Announces Series A Led by Khosla Ventures to Revolutionize Cell Therapy with AI Foundation Models
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

AI might be great at helping engineers write code, but it’s creating a new problem – all that code still needs to be reviewed by humans. CodeAnt AI is stepping in with a solution that uses AI to tackle the review process itself, raising $2 million in seed funding to help engineering teams move faster without sacrificing quality or security. The funding, CodeAnt AI’s first institutional round, values the company at $20 million. It will be used to expand the engineering and business development teams and to scale CodeAnt AI’s code quality and application security platform. For engineering teams already feeling the pressure to ship faster, the investment comes at the perfect time. The funding round was led by Y Combinator, VitalStage Ventures, and Uncorrelated Ventures, and with participation from DeVC, Transpose Platform, Entrepreneur First, and a number of marquee angel investors.

In a statement, Amartya Jha, Co-founder and CEO of CodeAnt AI said, “As AI-driven coding becomes widespread, the real bottleneck isn’t writing code — it’s reviewing it,” “Today, when a developer submits a change request, it often sits idle for hours or even days waiting for peer review. And even when a reviewer does pick it up, they rarely have full context of the code change. This is a critical risk point: most software bugs and vulnerabilities slip through at the peer review stage, where issues could have been caught early and cheaply.”

As AI continues to transform how code gets written, CodeAnt AI is positioning itself as the bridge to a future where code can be both rapidly created and confidently deployed. The founders envision a world where AI doesn’t just help developers write code faster, but also ensures that every line shipped to production is secure, efficient, and ready for the real world – giving engineering teams the confidence to move at the speed their businesses demand.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Building on its 120-year tradition of caring for Northern Californians, Sutter Health today announced a transformational plan to expand access to its comprehensive, integrated and coordinated high-quality care across the greater East Bay region. As part of this phased approach, Sutter will construct a flagship campus in the City of Emeryville featuring a regional destination ambulatory care complex and a new medical center with an initial capacity of up to 200 beds and room for future expansion. The plan prioritizes recruiting primary care and specialty physicians, reducing barriers for patients when scheduling appointments and obtaining referrals for care, and investing in programs and partnerships to strengthen the healthcare workforce.  

In a statement Warner Thomas, president and CEO of Sutter Health said, “Our Emeryville campus project represents one of the most significant investments we’re making across our system over the next decade and is part of our broader vision to meet the community’s growing demand for expanded access to our services across the East Bay footprint,” “Too many people face challenges in accessing the care they need. At Sutter, we’re committed to breaking down those barriers—expanding care facilities, enhancing imaging capabilities, improving online appointment scheduling and collaborating with the Sutter East Bay Medical Group and our community physician partners to attract more primary and specialty care physicians. 

 
Sutter is investing more than $1 billion to expand services across the East Bay, ensuring patients will be able to conveniently reach comprehensive care within a 15-minute drive from home or work. At the heart of this regional expansion is the newly acquired, 12-acre Sutter Emeryville Campus at Horton and 53rd streets, which will serve as a key healthcare destination.  When complete, the approximately 1.3 million square foot, new medical campus in the heart of Emeryville, will offer outpatient services at two existing buildings totaling approximately 530,000 square feet, at 5555 Hollis Street and 5300 Chiron Street, plus acute care services at a newly constructed medical center adjacent to the Hollis Street property. The Sutter Emeryville campus will also offer medical office space and parking at an existing 1,992-space parking garage.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Saica Group will begin construction this month on a $110 million expansion project in Anderson Indiana. Saica Group is one of the largest and most advanced European players in the development and production of recycled paper for corrugated packaging. Saica expects to start operations during Q4 2026 and plans to create more than 50 well-paid full-time jobs during the first two years of operation and more than 100 after the facility has completed its ramp-up phase some years after the startup. Designed with future growth in mind, the new facility will have almost 350,000-square-feet and will include manufacturing, converting and production areas, along with a warehouse and office space. 

In a statement Susana Alejandro, President and CEO of Saica Group, said: “Saica is committed to stability and long-term growth in the US. This investment is the proof that we are moving forward with our plans in the American continent as we are convinced that we can provide products that will differentiate us in a crowded market. It reflects our deep commitment to delivering exceptional service, as we believe our knowledge and experience in the production of recycled lightweight papers and corrugated packaging will bring high performance packaging to the US market while becoming more efficient in the use of materials”. 

Saica Group has been in business since 1943 and has a long track record of stable growth in the production of recycled paper and the packaging industry. Saica Group is a family-owned multinational company that cares about people, their well-being and their professional development. Currently the company employs more than 12,000 employees and has a revenue of 3.963 Billion dollars.
Load More... Subscribe

Categories

Recent Posts

  • Realta Fusion Raises $36 Million Series A to Advance Compact, Scalable, Modular Fusion Energy May 23, 2025
  • Brazos Valley Schools Credit Union to spend $560,000.00 to occupy 3,790 square feet of space in Missouri City Texas. May 23, 2025
  • Atlas Energy Solutions to spend $1.8 Million to occupy 9,409 square feet of space in Austin Texas. May 23, 2025
  • Affiliated Foods to spend $2.5 Million to occupy 14,400 square feet of space in Amarillo Texas. May 23, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.