Home JIFFY.ai Has Raised $53 Million In Funding as Part of Series B Round

JIFFY.ai Has Raised $53 Million In Funding as Part of Series B Round

by sol-admin

Founded with the mission to radically change how enterprises achieve autonomy by automating complex business processes, JIFFY.ai is an innovative provider of true end-to-end intelligent automation applications. Today, the company announced it has raised $53 million as part of its Series B funding round. Eight Roads Ventures, a leading global investment firm backed by Fidelity, led this investment round, which included participation from venture firms Iron Pillar, R-Squared, and existing investors Nexus Venture Partners, Reaction Capital and Rebright Partners.

JIFFY.ai will use the funding to scale its sales and marketing efforts, and to advance its HyperApp platform, which combines RPA, Intelligent Document Processing, and no-code workflow management and software creation.

“This funding will advance our mission to help build autonomous enterprises of the future by applying artificial intelligence and automation to transform enterprise operations. We are focusing on strengthening our intelligent automation platform which will enable organizations to compose, configure, monitor and maintain themselves as autonomous enterprises. Using the platform, they will be able to assemble automated business capabilities that can learn and adapt to changing needs with little or no additional resource and operational expenditure. This investment is validation for JIFFY.ai’s continued progress as a disruptor in the RPA and no-code space.”

Babu Sivadasan, Co-founder and CEO, JIFFY.ai