Huloop Raises $5m For Ai-powered Automation Drive

By Author: Ben Gross
Total Articles: 460
Comment this article

HuLoop Automation, a leader in AI-powered intelligent automation, recently announced the successful completion of its $5M seed round. Moneta Ventures led the round, with participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC, and others. This funding will support HuLoop's mission to transform automation, making it easier, faster, and more cost-effective for its expanding client base in financial services and retail/CPG.

HuLoop's automation approach differs significantly from traditional providers. While conventional solutions offer individual tools like Robotic Process Automation (RPA), Business Process Management (BPM), or Software Test Automation, which are complex, time-consuming, and expensive, HuLoop integrates cutting-edge technologies and human-in-the-loop processes to enhance RPA, BPM, and Test Automation for quicker results and improved usability.

"Our aim at HuLoop is to make automation accessible to non-technical professionals and businesses of all sizes," said Todd P. Michaud, CEO of HuLoop Automation. "With this funding, we look forward to enhancing our platform ...
... further and bringing the advantages of AI-driven automation to more companies, helping them achieve higher levels of productivity and efficiency."

"We have been involved in the enterprise AI sector for many years and believe HuLoop is well-positioned to lead the next wave of innovation in the automation field," stated Lokesh Sikaria, Managing Partner at Moneta Ventures. "Their unique approach and dedication to customer success make them stand out, and we are thrilled to be part of their journey."

The additional funding will allow HuLoop Automation to grow its team, speed up product development, and expand its operations to meet increasing demand. For more details about HuLoop Automation and its platform, please visit www.huloop.ai.

More information : https://www.techdogs.com/tech-news/pr-newswire/huloop-raises-5m-seed-round-to-drive-radically-simple-fast-and-affordable-ai-powered-intelligent-automation