Jiffy.ai Scores $53 Million

<p><strong>PALO ALTO<&sol;strong> &&num;8212&semi; JIFFY&period;ai&comma; an app-based low-code&sol;no-code intelligent automation platform&comma; has raised &dollar;53 million as part of its Series B funding round&period; Eight Roads Ventures&comma; a leading global investment firm backed by Fidelity&comma; led this investment round&comma; which included participation from venture firms Iron Pillar&comma; R-Squared&comma; and existing investors Nexus Venture Partners&comma; Reaction Capital and Rebright Partners&period;<&sol;p>&NewLine;<p>JIFFY&period;ai plans to use the funding to scale its sales and marketing efforts&comma; and to advance its HyperApp platform&comma; which combines Robotic Process Automation &lpar;RPA&rpar;&comma; Intelligent Document Processing&comma; and no-code workflow management and software creation&period;<&sol;p>&NewLine;<p>&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&comma;” said Babu Sivadasan&comma; 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&comma; configure&comma; monitor and maintain themselves as autonomous enterprises&period; Using the platform&comma; 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;”<&sol;p>&NewLine;<p>JIFFY&period;ai’s cloud-native enterprise-grade platform brings the power of artificial intelligence &lpar;AI&rpar;&comma; machine learning&comma; 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&comma; reduce OPEX costs&comma; and ensure faster returns on investment&period;<&sol;p>&NewLine;