Jiffy.ai Scores $53 Million

PALO ALTO &&num;8212&semi; JIFFY&period;ai, an app-based low-code/no-code intelligent automation platform, has raised &dollar;53 million as part of its Series B funding round&period; 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&period;&NewLine;JIFFY&period;ai plans to use the funding to scale its sales and marketing efforts, and to advance its HyperApp platform, which combines Robotic Process Automation (RPA), Intelligent Document Processing, and no-code workflow management and software creation&period;&NewLine;&OpenCurlyDoubleQuote;This funding will advance our mission to help build autonomous enterprises of the future by applying artificial intelligence and automation to transform enterprise operations,” said Babu Sivadasan, JIFFY&period;ai’s Co-founder and Chief Executive Officer&period; &OpenCurlyDoubleQuote;We are focusing on strengthening our intelligent automation platform which will enable organizations to compose, configure, monitor and maintain themselves as autonomous enterprises&period; 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&period; This investment is validation for JIFFY&period;ai’s continued progress as a disruptor in the RPA and no-code space&period;”&NewLine;JIFFY&period;ai’s cloud-native enterprise-grade platform brings the power of artificial intelligence (AI), machine learning, natural language processing and analytics to business users&period; It empowers them to deliver end-to-end business process automation and lifecycle management solutions that boost efficiency, reduce OPEX costs, and ensure faster returns on investment&period;&NewLine;

Editor