Hyperbots, a startup building agentic AI co-pilots for finance operations, raises $6.5 million in funding

Bengaluru and US-based startup Hyperbots has raised $6.5 million in a Series A funding round to accelerate its development of AI-powered co-pilots for finance and accounting. 

The round was co-led by Arkam Ventures and Athera Venture Partners, with participation from new investor JSW Ventures and existing investors Kalaari Capital, Sunicon Ventures, and Darashaw & Company.

What does Hyperbots do?

Founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots builds agentic AI platforms that automate routine yet critical finance functions. Its tools handle tasks ranging from invoice processing and reconciliation to accrual management, tax validation, and compliance checks.

These capabilities are aimed at reducing manual workloads and enhancing operational accuracy for mid-market enterprises, particularly in the U.S. market.

“We are transforming finance operations and freeing human bandwidth for doing higher-order tasks,” said Rajeev Pathak, cofounder and CEO of Hyperbots.

"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," Pathak said. He noted that the startup's tools are designed to achieve "straight-through" processing with minimal human input.

Purpose of fundraising

Hyperbots will use the raised capital to support expansion in the U.S. and the launch of HyperLM, a proprietary large language model (LLM) pre-trained on vast amounts of finance and accounting data. The startup claims HyperLM will enable more precise automation across complex finance workflows, helping it distinguish itself in a growing field of enterprise AI providers.

Hyperbots said its co-pilots currently deliver 99.8% accuracy in document processing and can cut down manual effort by as much as 80%.

Integration with platforms

The platform integrates with existing enterprise resource planning (ERP), customer relationship management (CRM), and finance systems, helping clients modernise legacy operations. The startup serves customers across healthcare, media, electric vehicle infrastructure, retail, and real estate industries.

Notably, Hyperbots, which employs around 55 people—most of them engineers in Bengaluru—is on track to onboard over 100 customers this fiscal year.

"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," said Bala Srinivasa, managing director, Arkam Ventures.