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, Darashaw & Company.
- 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
Invoice Processing Co-Pilot, Accruals Co-Pilot, Procurement Co-Pilot, Payments Co-Pilot, Sales Tax Verification Co-Pilot, Vendor Management Co-Pilot, Collections Co-Pilot, Cash Application Co-Pilot, HyperAPI (Finance Document Processing APIs)
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
AWS Generative AI Accelerator (2025 cohort), Oracle NetSuite, Sage Intacct, Sage 300/100/500, QuickBooks Desktop & Online, SAP S/4HANA / ECC / B1, Microsoft Dynamics 365 Business Central / GP, Deltek Costpoint, Epicor, Coupa
Notable customers
XR Extreme Reach (media services), Voltera Power (EV infrastructure), NASDAQ-listed healthcare providers (undisclosed)
Major milestones
Raised $2M Seed led by Kalaari Capital (Aug 2024), Selected for AWS Generative AI Accelerator 2025 cohort (Oct 2025), Secured $6.5M Series A co-led by Arkam Ventures & Athera Venture Partners (May 2025), Launched HyperAPI finance document processing APIs (Jan 16, 2026), Won Aegis Graham Bell Awards 2026 — Innovation in Gen AI, BFSI/Wealth/Compliance (Mar 2026), Ranked #3 Highest Rated AP Automation on G2 with 4.9 stars (Apr 8, 2026), Went live with half a dozen new NetSuite customers including XR Extreme Reach and Voltera Power (Feb 2026)
Growth metrics
Multiple NetSuite go-lives in 2026 (incl. XR Extreme Reach, Voltera Power); ~51-200 employees (LinkedIn); up to 80% STP / 99.8% extraction accuracy; G2 #3 AP Automation (4.9 stars, Apr 2026).
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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Official website: https://www.hyperbots.com/