# Subin Perumbidy

> Subin Perumbidy is the co-founder and Head of Engineering at JIFFY.ai, a Palo Alto-based enterprise AI automation platform that raised $104M+ in funding. With over two decades building enterprise software across India and the US, he co-founded JIFFY.ai in 2018 alongside seven colleagues, many of whom were friends from college. The platform combines no-code development, intelligent document processing, RPA, and machine learning to help Fortune 500 companies in financial services, wealth management, and operations automate complex business processes without writing code.

- **Role:** Co-Founder and Head of Engineering at JIFFY.ai
- **Organizations:** JIFFY.ai, Option3
- **Nationality:** Indian
- **Education:** MS in Software Engineering, Birla Institute of Technology and Science, Pilani, Bachelor of Technology in Computer Science, University of Calicut
- **Known for:** Co-founded JIFFY.ai, which raised over $104M in total funding, Scaled JIFFY.ai to serve Fortune 500 companies including Envestnet, Cetera Financial Group, Orion, FIS, and Fiserv, Built AI platform delivering 85% straight-through invoice processing for a major automobile manufacturer (150,000 invoices/month)

## Career timeline

- **Late 1990s** — Completed B.Tech in Computer Science from University of Calicut
- **2001-2002** — Earned MS in Software Engineering from BITS Pilani
- **2000s** — Joined Expicient in enterprise software roles
- **2000s-2010s** — Director-level role at Wipro Technologies
- **2012** — Co-founded Option3 with six colleagues; served as Head of Engineering building JiffyRPA and automation products
- **2017-2018** — Option3 achieved 300% revenue growth YoY, validating the automation thesis
- **2018** — Co-founded JIFFY.ai with Babu Sivadasan, Rajmohan Harindranath, Payeli Ghosh, Krishnan Subramanian, Sudhir Sen, Dennis Colón, and Shreyas P C
- **2018** — JIFFY.ai secures seed funding from CreedCap Asia Advisors
- **2020** — JIFFY.ai raises $18M Series A led by Nexus Venture Partners
- **2022** — JIFFY.ai raises $53M Series B led by Eight Roads Ventures (Fidelity-backed)
- **2024** — JIFFY.ai launches TRAC ONE-F with WNS and AI Advisor Companion at T3 Technology Conference

## Achievements

- Co-founded JIFFY.ai, which raised over $104M in total funding
- Scaled JIFFY.ai to serve Fortune 500 companies including Envestnet, Cetera Financial Group, Orion, FIS, and Fiserv
- Built AI platform delivering 85% straight-through invoice processing for a major automobile manufacturer (150,000 invoices/month)
- Helped achieve 5X improvement in rep transition turnaround at Cetera Financial Group
- Co-led development of no-code AI platform combining RPA, IDP, NLP, and ML for enterprise use
- Previously scaled Option3 (predecessor firm) 300% in YoY revenue in 2017-18
- Contributed to JIFFY.ai's AI Advisor Companion launch, helping wealth advisors achieve 40%+ productivity gains
- Built enterprise automation platform processing structured, semi-structured, and unstructured documents at scale

## Latest updates

- **2024-09** — JIFFY.ai and WNS unveil TRAC ONE-F, a unified autonomous finance HyperApp covering P2P, O2C, R2R, and FP&A
- **2024-01** — JIFFY.ai launches AI Advisor Companion at T3 Technology Conference, helping wealth advisors boost productivity by 40%+
- **2022-03** — JIFFY.ai closes $53M Series B led by Eight Roads Ventures

## Links

- Website: https://jiffy.ai
- LinkedIn: http://www.linkedin.com/in/subin-perumbidy-951b5410
- Twitter/X: https://twitter.com/Jiffyai
- Facebook: https://facebook.com/jiffyai/

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Profile page: https://yespress.io/subin-perumbidy
Published by YesPress — https://yespress.io
Last updated: 2026-05-22