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Hyperbots

Category: AI in Fintech

An Agentic AI platform for the Office of the CFO that deploys specialized AI assistants to autonomously execute core finance and accounting workflows with human-like reasoning. Hyperbots was founded in 2023. The company is led by Rajeev Pathak. Based in New York, United States. Team size: 55. Total funding raised: $8.5M. Latest round: Series A ($6.5M, May 2025). Key investors include Arkam Ventures, Athera Venture Partners, Kalaari Capital, JSW Ventures, Sunicon Ventures.

Founded
2023
Headquarters
New York, United States
Team size
55
Total funding
$8.5M

Value proposition

Delivers end-to-end automation (80%+ straight-through processing) for finance tasks by using 'Agentic AI' that can read, reason, and execute actions across ERPs, reducing manual intervention and processing costs.

Products and solutions

HyperAP (Autonomous Accounts Payable Agent), HyperAR (Accounts Receivable & Collections Agent), HyperExpense (Expense Management & Processing), HyperReconcile (Automated Bank & Vendor Reconciliation)

Unique value

Unlike traditional OCR or rule-based automation, Hyperbots uses 'Agentic AI' capable of reasoning through complex finance edge cases (e.g., matching invoices with partial POs) and executing tasks directly in ERPs.

Target customer

CFOs and Finance Controllers at Mid-market to Enterprise companies (US-focused), specifically in sectors like Manufacturing, Healthcare, and Technology.

Industries served

Fintech / Financial Services, Enterprise SaaS, Accounting & Auditing, B2B Corporate Finance, Manufacturing, Healthcare, Real Estate, Retail

Technology advantage

Proprietary 'Finance GenAI Models' (HyperLM): The company builds and fine-tunes its own transformer-based models specifically for finance documents (invoices, contracts, POs) rather than relying solely on generic LLMs, ensuring higher accuracy and data security.

How they differentiate

Proprietary 'Agentic AI' (HyperLM) capable of autonomous reasoning and execution with 99.8% accuracy, moving beyond simple OCR or rule-based automation.

Main competitors

BlackLine, FloQast, HighRadius, Bill.com, Sage

Key partnerships

Arkam Ventures, Athera Venture Partners, Kalaari Capital, JSW Ventures, NetSuite, Sage Intacct, QuickBooks

Notable customers

NASDAQ-listed Healthcare Provider, Global Media Conglomerate, Leading EV Infrastructure Firm

Major milestones

Raised $2M Seed round led by Kalaari Capital in Aug 2024, Launched HyperLM (Finance-specific LLM) in early 2025, Secured $6.5M Series A led by Arkam & Athera in May 2025

Growth metrics

On track to onboard 100+ customers; ~55 employees; 80% reduction in manual processing time.

Market positioning

Mid-market to Enterprise AI Challenger replacing manual ERP workflows

Geographic focus

North America (US), Asia-Pacific

Patents and IP

Co-founder Niyati Chhaya holds 40+ patents in AI/ML (from prior Adobe Research tenure); Hyperbots is actively building a portfolio of proprietary IP around 'Generative AI for Finance' and document intelligence.

About Rajeev Pathak

Serial entrepreneur with a successful exit (Funtoot acquired by Reliance Jio). Former SVP at Embibe and General Manager at Wipro ($100M+ P&L). Deep expertise in scaling AI & EdTech products.

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