Breaking
Hyperbots raises $6.5M Series A co-led by Arkam Ventures & Athera Venture Partners HyperLM: a large language model trained only on finance data 99.8% document accuracy in production Up to 80% straight-through processing On track for 100+ U.S. clients in 2025 Pre-trained on 30M+ finance documents Hyperbots raises $6.5M Series A co-led by Arkam Ventures & Athera Venture Partners HyperLM: a large language model trained only on finance data 99.8% document accuracy in production Up to 80% straight-through processing On track for 100+ U.S. clients in 2025 Pre-trained on 30M+ finance documents
Company Profile AI · Fintech · SaaS Est. 2023

Hyperbots Inc.

Agentic AI co-pilots that do the finance work no one enjoys - and get it right.

$8.5M
Total Raised
99.8%
Doc Accuracy
~110
Employees
Dover, DE
HQ · Bengaluru Eng.
Hyperbots Inc. company logo
Hyperbots Inc. - the mark of a finance-and-accounting AI company incorporated in Dover, Delaware, with an engineering team in Bengaluru. Logo / company asset.
01

The Company

Hyperbots is a finance-and-accounting AI company built on a plain observation: the back office drowns in documents. Invoices, purchase orders, remittances and bank statements arrive as PDFs, scans and emails, and someone still has to read them, match them and key them into an ERP. Hyperbots' answer is a set of agentic AI co-pilots that read those documents the way a controller would - then post the result into the system a company already runs.

Founded in 2023 and incorporated in Dover, Delaware with an engineering hub in Bengaluru, the company targets mid-market enterprises - the segment large enough to drown in finance operations but too lean to hire its way out. Its platform spans the two spines of corporate finance: procure-to-pay (P2P) and order-to-cash (O2C), plus expense management and analytics.

What sets the product apart from a generic chatbot is where the intelligence comes from. Hyperbots reports pre-training its models on more than 30 million finance documents and building HyperLM, a large language model trained exclusively on finance and accounting data rather than the open web. The company reports 99.8% document accuracy and up to 80% straight-through processing in production.

In May 2025 it raised a $6.5M Series A co-led by Arkam Ventures and Athera Venture Partners, following a $2M seed in 2024. The money is going toward U.S. go-to-market and the launch of HyperLM. Hyperbots says it is on track to serve 100+ U.S. clients in 2025 across healthcare, media, manufacturing, retail, EV infrastructure, construction, oil & gas, pharma and real estate.

The founding team came to the problem personally. CEO Rajeev Pathak lived the accounts-payable and accounts-receivable grind as an entrepreneur; Ram Jayaraman watched finance teams struggle up close; Niyati Chhaya brought the AI research. That origin shows up in the product's bias toward the unglamorous, high-volume tasks - the parts of finance that rarely make a demo but consume the week.

99.8%
Document Accuracy
80%
Straight-Through Processing
30M+
Finance Docs Pre-trained
100+
U.S. Clients Targeted 2025
02

The Problem It Solves

Finance is one of the last enterprise functions to be automated, and the reason is the data. Accounting inputs are unstructured and inconsistent - a vendor's invoice looks nothing like the next vendor's, remittances split across payments, and a general ledger has its own coding logic. Rules-based automation breaks on the exceptions, and general-purpose AI hallucinates on numbers that have to reconcile to the cent.

Hyperbots frames its work as converting unstructured data into structured, ERP-ready fields with high reliability. It uses a multimodal mixture-of-experts approach that combines large language models, vision-language models and layout models, so the system understands both the words on a document and where they sit on the page.

How it differs. Rather than wrapping a general model, Hyperbots built a finance-specific one. HyperLM is trained only on finance and accounting data - invoices, POs, contracts and GL structures. Its co-pilots name the exact jobs they do: remittance and bank-statement extraction, intelligent payment matching, exception handling, GL coding and ERP posting.

It also avoids the rip-and-replace tax. Hyperbots ships pre-built connectors for the ERPs mid-market companies already run, so adoption doesn't require a migration. And it has publicly promoted unlimited access over per-seat pricing - a decision aimed at getting whole finance teams onto the tool rather than rationing access.

NetSuiteSAP S/4HANA Sage IntacctSage 300 Dynamics 365 BCDeltek Costpoint EpicorQuickBooks

"We can finally automate the heavy, error-prone work that's been holding finance teams back."

Rajeev Pathak - Co-founder & CEO, Hyperbots
03

Products & Services

Platform · 2023

Agentic AI Platform

The core engine turning unstructured finance documents into structured, ERP-ready data via a multimodal mixture-of-experts model (LLM + VLM + layout).

Workflow · P2P

Procure-to-Pay Co-pilots

Automate invoices, PO matching, GL coding, tax verification, vendor management and payments with finance-trained agents.

Workflow · O2C

Order-to-Cash Co-pilots

Remittance and bank-statement extraction, intelligent payment matching, collections and cash application.

Workflow · Ops

Expense & Analytics

Expense processing, accruals, exception handling and finance analytics and reporting.

Model · 2025

HyperLM

A large language model trained exclusively on hundreds of millions of finance data points - invoices, POs, contracts, GL structures.

Integration

ERP Connectors

Pre-built connectors for NetSuite, SAP, Sage, Dynamics 365 BC, Deltek Costpoint, Epicor and QuickBooks - no rip-and-replace.

04

Business Model & Market

Model. Hyperbots is a B2B SaaS company. It sells subscription access to its agentic finance co-pilots to mid-market enterprises and integrates with the ERP and finance systems those companies already use. Notably, it has promoted an unlimited-access model rather than per-seat pricing, so adoption isn't throttled by license counts.

Customers. The buyers are finance and accounting teams - CFOs, controllers and AP/AR staff. Hyperbots reports being on track for 100+ U.S. clients in 2025 across a wide industry spread: healthcare, media, manufacturing, retail, EV infrastructure, construction, oil & gas, pharma and real estate.

Where it fits. Hyperbots sits in the finance-automation market alongside players such as AppZen, Vic.ai, HighRadius, Tipalti, Stampli, Bill.com, Ramp and Rossum. Its distinguishing bet is combining structured and unstructured data handling in one agentic platform, powered by a finance-specific LLM rather than a general model bolted onto accounting.

Expertise. The company pairs applied AI research - multimodal extraction, domain-trained language models - with deep finance-operations knowledge. That combination is the point: accuracy in accounting is not a nice-to-have, because numbers have to reconcile and audit trails have to hold.

05

Founders

RP

Rajeev Pathak

Co-founder & CEO

Lived the AP/AR grind as an entrepreneur; leads the company and its U.S. go-to-market.

NC

Niyati Chhaya

Co-founder & VP, AI

AI scientist focused on turning research into real-world, production-grade finance products.

RJ

Ram Jayaraman

Co-founder & Head of Engineering

Drawn to the problem after witnessing finance-management pain firsthand; leads engineering.

06

Timeline & Funding

2023

Hyperbots is founded

Three founders start Hyperbots to automate finance and accounting with agentic AI.

2024 · Aug

$2M seed round

Led by Kalaari Capital with Sunicon Ventures and Athera Venture Partners.

2024

Co-pilots & ERP connectors ship

P2P, O2C and expense co-pilots roll out with pre-built connectors for major ERPs.

2025 · May

$6.5M Series A & HyperLM

Round co-led by Arkam and Athera; HyperLM launches as the company scales in the U.S.

RoundAmountDate
Seed$2.0MAug 2024
Series A$6.5MMay 2025
Total$8.5M

SERIES A INVESTORS: Arkam Ventures, Athera Venture Partners, JSW Ventures, Kalaari Capital, Sunicon Ventures, Darashaw & Company.

"Impressed by the accuracy and product breadth of the Hyperbots agentic AI suite."

Bala Srinivasa - Arkam Ventures
07

Watch & Demos

08

FAQ

What does Hyperbots do?

It builds agentic AI co-pilots that automate finance and accounting workflows - procure-to-pay, order-to-cash, expense management and analytics - by converting unstructured documents into structured, ERP-ready data for mid-market enterprises.

Who founded Hyperbots and when?

It was founded in 2023 by Rajeev Pathak (CEO), Niyati Chhaya (VP, AI) and Ram Jayaraman (Head of Engineering).

How much funding has Hyperbots raised?

Approximately $8.5M total - a $2M seed in 2024 and a $6.5M Series A in 2025 co-led by Arkam Ventures and Athera Venture Partners.

What is HyperLM?

HyperLM is Hyperbots' large language model trained exclusively on finance and accounting data - invoices, POs, contracts and GL structures - reported to reach 99.8% accuracy in production.

Which ERP systems does it integrate with?

Pre-built connectors cover NetSuite, SAP S/4HANA, Sage 300, Sage Intacct, Microsoft Dynamics 365 Business Central, Deltek Costpoint, Epicor and QuickBooks.

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09

Links & Sources

Profile compiled from public sources including Hyperbots' website, press releases and news coverage. Figures such as accuracy, funding and client counts are as reported by the company and third-party media, and are approximate where noted.