Hyphenate Raised $45 Million for AI Agents that Run Finances
The startup says customers are automating tasks that once took 16,640 staff hours a year, while it expands into accounting and strategic finance.
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8 Articles
Hyphenate raises $45M as its finance AI agents run 90% of routine work
The first wave of finance AI helped teams work faster. The next is taking responsibility for the work itself. Hyphenate is the autonomous finance platform for the office of the CFO. It announced a $45 million Series A led by Nexus Venture Partners. B Capital, Jefferies, and existing investors including Foundation Capital, BoldCap and Gaia […] This story continues at The Next Web
Hyphenate raises $45m Series A for autonomous finance
Hyphenate, an autonomous finance platform built for the office of the CFO, has secured $45m in a Series A round after its revenue grew 86x over the past year. Nexus Venture Partners led the investment, with B Capital also joining. Existing backers Foundation Capital, BoldCap and Gaia Ventures returned for the round, which takes the company’s total funding to $54m. Hyphenate plans to use the capital to extend its agents further across the finance…
Hyphenate has secured $45 million in funding for its autonomous finance platform. Details of the startup, which automates financial operations using artificial intelligence, are in our news story. The article "Hyphenate Secures $45 Million in Funding to Automate Financial Operations" first appeared on TechInside.
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