Automation Hero, a San Francisco, CA-based AI and data-centric Intelligent Process Automation (IPA) platform, raised $14.5M in funding.
The round, which brought total funding to $19M, was led by Atomico with participation from Baidu Ventures (BV) and Cherry Ventures. In conjunction with the funding, Ben Blume, principal at Atomico, will join the Automation Hero board.
The company intends to use the funds to accelerate growth, including the expansion of its international team.
Founded by Stefan Groschupf, who has over 25 years of experience in machine learning and was one of the earliest big data activists working on the Apache Hadoop project, Automation Hero provides an intelligent process automation platform that combines AI with human workforce to to eliminate repetitive and manual tasks to improve productivity and drive optimized business outcomes.
Instead of running automations as isolated robots, the system runs scalable, distributed automation flows that weave together click robots, structured and unstructured data sources, deep learning, data processing and the human workforce into an intelligence fabric that creates an operating system for the modern enterprise. Its three primary use cases focus on eliminating manual repetitive, time-intensive tasks, automating common customer requests and augmenting sales rep decision making.
Automation Hero is available on-demand in the cloud or on-premise.
The company counts Fortune 50 companies as customers.
FinSMEs
13/03/2019