AI-powered intelligent automation startup HuLoop Automation, situated in Auburn, California, has acquired $5 million in seed money.
With participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC, and other investors, Moneta Ventures led the round.
The company plans to boost operations, accelerate product development, and grow its staff with the money.
Under the direction of CEO Todd P. Michaud, HuLoop Automation provides intelligent automation solutions driven by AI to increase productivity for businesses of all sizes. Financial services and consumer trade are the two main industry areas served by the platform.
“With this funding, we are excited to further enhance our platform and bring the benefits of AI-driven automation to more businesses, enabling them to achieve new levels of productivity and efficiency.”
CEO Todd P. Michaud
With the help of our no-code solution, employees can focus on more important tasks by automating repetitive and mundane tasks and creating a digital workforce.
HuLoop is able to assist businesses reach new heights of efficiency and production by utilizing a variety of breakthroughs, such as AI-based intelligent agents, intelligent document processing (IDP), robotic process automation (RPA), generative AI, and human-in-the-loop human experiences.