HuLoop Raises $5M for AI-Powered Automation Drive

 


HuLoop Automation, a prominent player in AI-powered intelligent automation, has 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 other investors. This funding will drive HuLoop's mission to revolutionize automation, making it more accessible, efficient, and cost-effective for its expanding clientele in the financial services and retail/CPG sectors.


HuLoop takes a groundbreaking approach to automation, distinguishing itself from traditional solution providers. Unlike first-generation solutions such as Robotic Process Automation (RPA), Business Process Management (BPM), or Software Test Automation, which are complex, time-consuming, and expensive, HuLoop combines cutting-edge technologies with human-in-the-loop processes. This unique combination enhances RPA, BPM, and Test Automation, delivering faster results with unparalleled ease of use.


Todd P. Michaud, CEO of HuLoop Automation, expressed the company's goal of democratizing automation, making it accessible to non-technical professionals and businesses of all sizes. With the infusion of this funding, HuLoop is eager to further enhance its platform and extend the benefits of AI-driven automation to more businesses, enabling them to achieve higher levels of productivity and efficiency.


Lokesh Sikaria, Managing Partner at Moneta Ventures, emphasized their belief in HuLoop's potential to lead the next wave of innovation in the automation industry. He commended HuLoop's innovative approach and dedication to customer success, expressing excitement about being part of their journey.


The additional capital will empower HuLoop Automation to expand its team, accelerate product development, and scale its operations to meet the growing demand. For more information 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

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